TY  - JOUR
AB  - Smart products not only provide novel functionalities, but also may establish new business models, markets, or distribution channels, strengthen relationships with consumers, and/or add smart remote services. While many technical obstacles of such products have already been overcome, the broad market dissemination of smart products still poses some vital managerial challenges for decision makers. In this paper, we outline the technical potential and future trends of smart consumer products, discuss economic challenges in four scopes, namely, preference-based new product development, market analysis, supply chain design, and industry development, and, in particular, we highlight research perspectives for management science in this promising field.
DA  - 2017
DO  - 10.1007/s10100-016-0436-9
KW  - Smart products
KW  - Management science
KW  - Economic challenges
KW  - Research perspectives
LA  - eng
IS  - 1
M2  - 203 
PY  - 2017
SN  - 1435-246X
SP  - 203 - 230
T2  - Central European Journal of Operations Research
TI  - Management science in the era of smart consumer products: Challenges and research perspectives
UR  - https://nbn-resolving.org/urn:nbn:de:0070-pub-29004109
Y2  - 2024-11-22T01:44:06
ER  -