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News Release

Robert Cooper Offers University Researchers, Technology Developers and Industry Leaders a Roadmap to Commercialization Success at 2011 McMaster Innovation Showcase

HAMILTON, ONTARIO, CANADA - June 2, 2011 - Dr. Robert G. Cooper delivered the keynote address at the 2011 McMaster Innovation Showcase, hosted by the McMaster Industry Liaison Office at McMaster University. This one-day event focused on bridging the gap between research and commercialization, and linking faculty and student researchers with the local business and investment community.

Cooper kicked off the innovation showcase with a presentation highlighting how important innovation is to organizations, and how companies achieve successful product innovation. “Really, innovation is the only game in town. You either succeed at this or die. But Failure is common. For every nine new products launched, only one becomes a commercial success”, explained Cooper.

Among the ten critical success factors that decide new product success, Dr. Cooper explained to students and faculty how the importance of having a differentiated product that delivers unique benefits and superior value to customers. Dr. Cooper also described the Stage-Gate system, currently being used in over 80 percent of the world’s top 1,000 companies, and demonstrated how the system can be adapted for large and small projects.

Cooper, an award-winning author, researcher, and public speaker is set to release his fully updated and expanded Winning at New Products book. The book demonstrates why consistent product development is so vital to economic growth and presents field-tested game plans for achieving product success.

For speaker inquires contact:
Michael Booker, Solutions Manager, Global Solutions
T. 905-304-8797
F. 905-304-8799
E. michael.booker@stage-gate.com
W. www.prod-dev.com

About Robert G. Cooper

Dr. Robert G. Cooper is one of the most influential innovation thought leaders in the business world today. He pioneered the original research that led to his many groundbreaking discoveries including the Stage-Gate Idea-to-Launch Process. Now implemented by almost 80% of North American companies, it is considered to be one of the most important discoveries in the field of innovation management. He has spent more than 30 years studying the practices and pitfalls of 3,000+ new product projects in hundreds of companies and has assembled the world’s most comprehensive research on the topic. He is a prolific author, who has published more than 100 academic articles and eleven books, and is the recipient of numerous prestigious awards.

Product Development Institute

Product Development Institute is dedicated to helping companies improve their approach to new product development and portfolio management. The Institute has conducted some of the world's most comprehensive research and best practices in new product development - research that has led to some of the most important discoveries in product innovation such as: the widely used Stage-Gate® system; the concept of New Product Portfolio Management; and the Innovation Diamond™ Framework.

Stage-Gate® is a registered trademark of Stage Gate, Inc.
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