The company plans to use the facility to upgrade its existing line of shredders and granulators by increasing their capacity, improving energy efficiency and reducing downtime.

Developing a new product for your small business requires you to spend money on research, design and other related costs. Under generally accepted accounting principles, or GAAP, a business must ...

The small business environment today is very dynamic and competitive, and new product development is a crucial process if you want to survive. For small enterprises to withstand competition from ...

Ryan Gray is co-founder and CEO of SGW Designworks, a full-service product development and engineering firm featured in The Lean Startup. In all things worth pursuing, there exists the ever-present ...

As the digital revolution dissolves industry boundaries, legacy companies are increasingly facing competition from non-traditional competitors. Look no further than the $800 billion trucking industry, ...

Successful AI products must prioritize co-creation with users—and the mechanism for this is the user community.

Product development is key to business success. It determines every new product's final cost, what features it will have, and whether the company will make money selling it. And many companies track a ...

A broad spectrum of innovative products is currently under development in the agbiotech industry 1. Most of these opportunities can be classified as meeting needs in either crop productivity (input ...

The term Secure Product Development Framework (SPDF) was introduced by FDA in the draft guidance "Cybersecurity in Medical Devices: Quality System Considerations and Content of Premarket Submissions" ...

Planet Doughnut has announced the launch of its new Product Development Kitchen at its bakery in Shrewsbury, following a ...