The impact of innovation management techniques on product innovation performance: An empirical study

New product development (NPD) is a great challenge for manufacturers. However, empirical research on the impact of innovation management techniques (IMT) on innovation performance is seldom reported. An industrial survey is therefore conducted to verify the perceived usefulness of 41 IMT and their impact on innovation performance in Hong Kong electronics and electrical appliances industry. After 153 out of 527 manufacturers were surveyed and their data analyzed, the results show that 39 IMT are positively related to new product performance. However, only 8 out of them are positively related to new products in the product categories, whereas only 10 related to sales due to new products. The findings of this study give insights on the implementation of IMT to improve firm performance.