Upstream Development
Upstream Development involves focusing on the early stages of product development, including research and design, to innovate and create new product offerings.
Benefits
Upstream development focuses on innovation in early product phases, enhancing market competitiveness.
Frequently Asked Questions
What is upstream product development?
Upstream product development focuses on early stages like research and design before the product hits the market.
What is upstream and downstream innovation?
Upstream innovation focuses on early stages of product development, like research and design, while downstream innovation involves later stages, including production and marketing.
What are the 5 phases of product design and development?
The 5 phases of product design and development are concept development, design, prototyping, testing, and production.
Key Takeaway
Upstream development emphasizes innovation during early product stages, enhancing competitiveness.