Istrazivanja i projektovanja za privreduJournal of Applied Engineering Science


DOI: 10.5937/jaes14-10880
This is an open access article distributed under the CC BY-NC-ND 4.0 terms and conditions. 
Creative Commons License

Volume 14 article 373 pages: 213-221

Milos Vorkapic
University of Belgrade, Institute of Chemistry, Technology and Metallurgy, Belgrade, Serbia

Dragan Cockalo
University of Novi Sad, Technical faculty ”Mihajlo Pupin”, Novi Sad ,Serbia

Dejan DJordjevic
University of Novi Sad, Technical faculty ”Mihajlo Pupin”, Novi Sad ,Serbia

The research results relating to the new product development are represented in this paper. The importance of market pull strategy is described too. Market pull strategy is reflected in the enterprise cooperation with customers from idea concept to final product, which includes R&D activities. Customers appear as external sources of ideas, but instead of them the main sources of ideas are competitors and fairs. Also, marketing activities in SMEs are very limited. In comparison to the neighboring countries Serbia does not have inferior position. For the new product development in Serbian enterprises with small-scale production, the paper proposes two strategies: “open Innovation” and “innovative network”. Open innovations are important because of the close cooperation between companies and external knowledge sources, while innovative networks strategy has its advantages in creating business cooperation with subcontractors in the use of ideas and knowledge sources.

Limitations of this study are: very poor response rate, geographical limitation and lack of a specific homogeneous group of samples in the analysis of certain parameters.

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This paper is a result of the project TR32008 supported by the Serbian Ministry of Education, Science and Technological Development

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