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 Leader LTU:||Tobias Larsson|
|Type:||Research / Development
|Key research area:||Product Development
Aeronautics and Space