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Therefore, Western companies must react to, and learn from, Chinese firms' ability to accelerate product development.
"The Challenge is looking for individuals or groups to work with the prize winners to accelerate product development".
Such results reflect Hewlett's stepped-up investment in basic research in recent years, a push that has been accompanied by a vigorous effort to file more patents and accelerate product innovation.
freee will use its new funding to accelerate product development.
The speediest companies have developed a bag of tricks to accelerate product development.
LogEntries will use the funds to accelerate product development and expand.
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Accelerating product sales growth (up 13% in the third quarter, up 7% for nine months) is also key.
Mr. Marchionne said executives were considering accelerating product introductions planned for 2011 and that it could have some models planned for 2012 at dealerships by late 2011.
"What you have is a highly accelerated product space," he says.
This reduces the probability of developmental delays and so accelerates product commercialization.
Our results indicate that the Internet accelerates product diffusion, but with varying magnitude.
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