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Product Development

Product Development - Prioritized Area

Published: 16 November 2006

Strategic LTU project to develop and deliver strategy regarding the development of the Product Development area at LTU.

PRJOJECT SUMMARY

Product development - Turning needs into solutions

Broadly speaking, the Product development encompasses the processes, methods and procedures that are used to create value for both the customer and the company. Besides creating products or hardware, product development is now also a matter of developing attractive total offers for the customer. For example, instead of building and selling aircraft, an aircraft manufacturer sells flying hours. For companies’ design and development departments, this implies an increased demand for new tools and methods that support the development of total offers, so-called functional products.

The project aims at  increasing the external funding for Luleå University of Technology through teaming up in stronger research groups within the area of product development.

PROJECT INFORMATION

Project Leader LTU: Tobias Larsson
Staff LTU: -
Type: Research / Development
Key research area: Product Development
Application area: Automotive
Aeronautics and Space
Manufacturing industries
Time frame: 2006-
Funding: -
Partners: -

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