{"id":"https://openalex.org/W2024509043","doi":"https://doi.org/10.1108/02635571011069068","title":"A Scorecard\u2010Markov model for new product screening decisions","display_name":"A Scorecard\u2010Markov model for new product screening decisions","publication_year":2010,"publication_date":"2010-08-24","ids":{"openalex":"https://openalex.org/W2024509043","doi":"https://doi.org/10.1108/02635571011069068","mag":"2024509043"},"language":"en","primary_location":{"id":"doi:10.1108/02635571011069068","is_oa":false,"landing_page_url":"https://doi.org/10.1108/02635571011069068","pdf_url":null,"source":{"id":"https://openalex.org/S37320504","display_name":"Industrial Management & Data Systems","issn_l":"0263-5577","issn":["0263-5577","1758-5783"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Industrial Management & Data Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5052502454","display_name":"Siu\u2010Lai Chan","orcid":"https://orcid.org/0000-0002-4714-4955"},"institutions":[{"id":"https://openalex.org/I14243506","display_name":"Hong Kong Polytechnic University","ror":"https://ror.org/0030zas98","country_code":"HK","type":"education","lineage":["https://openalex.org/I14243506"]}],"countries":["HK"],"is_corresponding":true,"raw_author_name":"S.L. Chan","raw_affiliation_strings":["Department of Industrial and Systems Engineering, The Hong Kong Polytechnic University, Hung Hom, Hong Kong","Department of Industrial & Systems Engineering, The Hong Kong Polytechnic University, Hung Hom, Hong Kong"],"affiliations":[{"raw_affiliation_string":"Department of Industrial and Systems Engineering, The Hong Kong Polytechnic University, Hung Hom, Hong Kong","institution_ids":["https://openalex.org/I14243506"]},{"raw_affiliation_string":"Department of Industrial & Systems Engineering, The Hong Kong Polytechnic University, Hung Hom, Hong Kong","institution_ids":["https://openalex.org/I14243506"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5058789440","display_name":"W.H. Ip","orcid":"https://orcid.org/0000-0001-6609-0713"},"institutions":[{"id":"https://openalex.org/I14243506","display_name":"Hong Kong Polytechnic University","ror":"https://ror.org/0030zas98","country_code":"HK","type":"education","lineage":["https://openalex.org/I14243506"]}],"countries":["HK"],"is_corresponding":false,"raw_author_name":"W.H. Ip","raw_affiliation_strings":["Department of Industrial and Systems Engineering, The Hong Kong Polytechnic University, Hung Hom, Hong Kong","Department of Industrial & Systems Engineering, The Hong Kong Polytechnic University, Hung Hom, Hong Kong"],"affiliations":[{"raw_affiliation_string":"Department of Industrial and Systems Engineering, The Hong Kong Polytechnic University, Hung Hom, Hong Kong","institution_ids":["https://openalex.org/I14243506"]},{"raw_affiliation_string":"Department of Industrial & Systems Engineering, The Hong Kong Polytechnic University, Hung Hom, Hong Kong","institution_ids":["https://openalex.org/I14243506"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5052502454"],"corresponding_institution_ids":["https://openalex.org/I14243506"],"apc_list":null,"apc_paid":null,"fwci":3.8763,"has_fulltext":false,"cited_by_count":22,"citation_normalized_percentile":{"value":0.93817008,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"110","issue":"7","first_page":"971","last_page":"992"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10841","display_name":"Economic and Environmental Valuation","score":0.9919000267982483,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10841","display_name":"Economic and Environmental Valuation","score":0.9919000267982483,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14306","display_name":"Technology Assessment and Management","score":0.972000002861023,"subfield":{"id":"https://openalex.org/subfields/2213","display_name":"Safety, Risk, Reliability and Quality"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T12659","display_name":"Innovation Diffusion and Forecasting","score":0.9681000113487244,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/balanced-scorecard","display_name":"Balanced scorecard","score":0.947860598564148},{"id":"https://openalex.org/keywords/hidden-markov-model","display_name":"Hidden Markov model","score":0.6047803163528442},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5738803744316101},{"id":"https://openalex.org/keywords/new-product-development","display_name":"New product development","score":0.5626991987228394},{"id":"https://openalex.org/keywords/product","display_name":"Product (mathematics)","score":0.4816097915172577},{"id":"https://openalex.org/keywords/markov-chain","display_name":"Markov chain","score":0.4764197766780853},{"id":"https://openalex.org/keywords/commercialization","display_name":"Commercialization","score":0.45146751403808594},{"id":"https://openalex.org/keywords/process-management","display_name":"Process management","score":0.3926820158958435},{"id":"https://openalex.org/keywords/management-science","display_name":"Management science","score":0.337882936000824},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.3329874873161316},{"id":"https://openalex.org/keywords/risk-analysis","display_name":"Risk analysis (engineering)","score":0.3205709457397461},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.23490986227989197},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.2193925380706787},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.20939326286315918},{"id":"https://openalex.org/keywords/machine-learning","display_name":"Machine learning","score":0.19413229823112488},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.15521934628486633},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.13754448294639587}],"concepts":[{"id":"https://openalex.org/C199004533","wikidata":"https://www.wikidata.org/wiki/Q210127","display_name":"Balanced scorecard","level":2,"score":0.947860598564148},{"id":"https://openalex.org/C23224414","wikidata":"https://www.wikidata.org/wiki/Q176769","display_name":"Hidden Markov model","level":2,"score":0.6047803163528442},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5738803744316101},{"id":"https://openalex.org/C19351080","wikidata":"https://www.wikidata.org/wiki/Q1395034","display_name":"New product development","level":2,"score":0.5626991987228394},{"id":"https://openalex.org/C90673727","wikidata":"https://www.wikidata.org/wiki/Q901718","display_name":"Product (mathematics)","level":2,"score":0.4816097915172577},{"id":"https://openalex.org/C98763669","wikidata":"https://www.wikidata.org/wiki/Q176645","display_name":"Markov chain","level":2,"score":0.4764197766780853},{"id":"https://openalex.org/C2780625559","wikidata":"https://www.wikidata.org/wiki/Q5152592","display_name":"Commercialization","level":2,"score":0.45146751403808594},{"id":"https://openalex.org/C195094911","wikidata":"https://www.wikidata.org/wiki/Q14167904","display_name":"Process management","level":1,"score":0.3926820158958435},{"id":"https://openalex.org/C539667460","wikidata":"https://www.wikidata.org/wiki/Q2414942","display_name":"Management science","level":1,"score":0.337882936000824},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.3329874873161316},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.3205709457397461},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.23490986227989197},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.2193925380706787},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.20939326286315918},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.19413229823112488},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.15521934628486633},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.13754448294639587},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1108/02635571011069068","is_oa":false,"landing_page_url":"https://doi.org/10.1108/02635571011069068","pdf_url":null,"source":{"id":"https://openalex.org/S37320504","display_name":"Industrial Management & Data Systems","issn_l":"0263-5577","issn":["0263-5577","1758-5783"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Industrial Management & Data Systems","raw_type":"journal-article"},{"id":"pmh:oai:ira.lib.polyu.edu.hk:10397/20223","is_oa":false,"landing_page_url":"http://hdl.handle.net/10397/20223","pdf_url":null,"source":{"id":"https://openalex.org/S4306400205","display_name":"PolyU Institutional Research Archive (Hong Kong Polytechnic University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I14243506","host_organization_name":"Hong Kong Polytechnic University","host_organization_lineage":["https://openalex.org/I14243506"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Journal/Magazine Article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.6399999856948853,"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":62,"referenced_works":["https://openalex.org/W16703505","https://openalex.org/W94147519","https://openalex.org/W1524771255","https://openalex.org/W1530041619","https://openalex.org/W1568339100","https://openalex.org/W1601885767","https://openalex.org/W1971734261","https://openalex.org/W1975864252","https://openalex.org/W1980938909","https://openalex.org/W1982671368","https://openalex.org/W1984639421","https://openalex.org/W1985774642","https://openalex.org/W1998681012","https://openalex.org/W1999595522","https://openalex.org/W2003914001","https://openalex.org/W2013827052","https://openalex.org/W2015189595","https://openalex.org/W2032741851","https://openalex.org/W2033231218","https://openalex.org/W2034420481","https://openalex.org/W2035918944","https://openalex.org/W2036701015","https://openalex.org/W2039210515","https://openalex.org/W2039686495","https://openalex.org/W2051722107","https://openalex.org/W2056110922","https://openalex.org/W2061428638","https://openalex.org/W2062490363","https://openalex.org/W2062883880","https://openalex.org/W2077738322","https://openalex.org/W2083329137","https://openalex.org/W2086085699","https://openalex.org/W2089143511","https://openalex.org/W2091205549","https://openalex.org/W2095368471","https://openalex.org/W2097555181","https://openalex.org/W2108345839","https://openalex.org/W2111106220","https://openalex.org/W2117976903","https://openalex.org/W2119552276","https://openalex.org/W2125838338","https://openalex.org/W2131675777","https://openalex.org/W2139475709","https://openalex.org/W2153063304","https://openalex.org/W2154758947","https://openalex.org/W2159499413","https://openalex.org/W2164654252","https://openalex.org/W2165696066","https://openalex.org/W2167065205","https://openalex.org/W2167293718","https://openalex.org/W2169533279","https://openalex.org/W2174795764","https://openalex.org/W2516024362","https://openalex.org/W2519883048","https://openalex.org/W3121507488","https://openalex.org/W3122093086","https://openalex.org/W3125836111","https://openalex.org/W3125959654","https://openalex.org/W4237019048","https://openalex.org/W4239775947","https://openalex.org/W4239844684","https://openalex.org/W6649959243"],"related_works":["https://openalex.org/W4386136016","https://openalex.org/W3093934131","https://openalex.org/W4207047620","https://openalex.org/W2164684113","https://openalex.org/W3121818711","https://openalex.org/W2064673031","https://openalex.org/W3127785488","https://openalex.org/W2221356301","https://openalex.org/W1601174903","https://openalex.org/W4234093800"],"abstract_inverted_index":{"Purpose":[0],"The":[1,108,117,162,202,253],"paper":[2],"aims":[3],"to":[4,36,67,112,129,134,151,273,278],"propose":[5],"a":[6,11,19,56,94,104,122,169,185],"novel":[7],"strategic":[8],"approach,":[9],"named":[10],"Scorecard\u2010Markov":[12],"model,":[13,83],"combining":[14],"an":[15,236],"evaluation":[16,128,160],"scorecard":[17,33,118,257],"and":[18,52,87,115,136,210,238,259],"hidden":[20],"Markov":[21],"model":[22,203],"(HMM)":[23],"for":[24,124,166],"new":[25,38,73,125,148,212,230,244],"product":[26,39,126,149,213,231,245],"idea":[27,127,176],"screening":[28],"(NPIS)":[29],"decisions.":[30],"Design/methodology/approach":[31],"A":[32,61],"is":[34,63,85,110,218,261,276],"constructed":[35],"evaluate":[37],"ideas":[40,74,150,232],"on":[41,157,174],"several":[42],"criteria,":[43],"including":[44],"customer":[45],"needs,":[46],"marketing":[47],"strength,":[48],"competency,":[49],"manufacturing":[50],"compatibility,":[51],"distribution":[53],"channels,":[54],"involving":[55],"consideration":[57],"of":[58,72,77,93,147,270],"risk":[59],"buy.":[60],"HMM":[62,141,260],"then":[64],"developed":[65],"accordingly":[66],"predict":[68],"the":[69,82,90,99,140,144,182,192,196,243,249,256,265,268],"overall":[70],"performance":[71],"in":[75,98,195,227,235,248],"terms":[76],"success":[78,145,246],"probability.":[79],"To":[80],"implement":[81],"it":[84,217],"trained":[86],"tested":[88],"by":[89,264],"historical":[91],"dataset":[92],"world\u2010class,":[95],"leading":[96],"company":[97],"power":[100],"tools":[101],"industry":[102],"through":[103],"case":[105,183,266],"study.":[106],"Findings":[107],"approach":[109,254,272],"proven":[111],"be":[113,179,189,279],"encouraging":[114],"meaningful.":[116],"can":[119,142,177,204,223],"serve":[120],"as":[121],"guide":[123],"convert":[130],"experts'":[131],"linguistic":[132],"judgments":[133],"quantifiable":[135],"comparable":[137],"data,":[138],"whereas":[139],"determine":[143],"probability":[146,193],"support":[152],"NPIS":[153,274],"decision":[154,173,187,225],"making":[155,167],"based":[156],"their":[158],"computed":[159],"performance.":[161],"optimal":[163],"cut\u2010off":[164],"value":[165],"either":[168],"go":[170,186],"or":[171],"kill":[172],"each":[175],"thus":[178,241],"determined.":[180],"Concerning":[181],"company,":[184],"should":[188],"made":[190],"when":[191],"lies":[194],"interval":[197],"[0.53,":[198],"1].":[199],"Practical":[200],"implications":[201],"prevent":[205],"companies":[206],"from":[207],"undertaking":[208],"risky":[209],"failed":[211],"development":[214],"projects.":[215],"Further,":[216],"believed":[219],"that":[220],"this":[221,271],"study":[222],"assist":[224],"makers":[226],"choosing":[228],"winning":[229],"towards":[233],"commercialization":[234],"effective":[237],"certain":[239],"manner,":[240],"enhancing":[242],"rate":[247],"innovation":[250],"industry.":[251],"Originality/value":[252],"incorporating":[255],"method":[258],"novel.":[262],"Illustrated":[263],"study,":[267],"application":[269],"decisions":[275],"confirmed":[277],"effective.":[280]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":2},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":3}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}