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Product Development in SMEs: a literature review

Published Online:pp 299-325

Product Development (PD) in Small and Medium-sized Firms (SMEs) is a long-neglected research area, and little cumulative work has been conducted previously. The purpose of this paper is to provide a first overview of the area of PD in SMEs. In doing so, we draw upon a sample of 149 peer-reviewed research papers selected from an initial sample of 5694 papers. The review provides tentative answers to issues such as the analytical and methodological approaches of the papers, which topics or areas of research have been focused on by previous scholars, and what kinds of topics that are well covered.


product development, SMEs, small and medium-sized enterprises, literature review