نویسندگان
1 استاد، گروه مدیریت بازرگانی، دانشکده مدیریت، دانشگاه تهران، تهران، ایران.
2 استادیار، گروه مدیریت بازرگانی، دانشکده مدیریت، دانشگاه تهران، تهران، ایران.
3 دانشیار، گروه مدیریت مالی و حسابداری، دانشکده مدیریت و حسابداری، دانشگاه شهید بهشتی، تهران، ایران.
4 دانشگاه تهران
چکیده
تحقیقات توسعه محصولات مالی جدید در بازارهای سرمایه کشورهای اسلامی و ایران غالباً بر طراحی فنی و شرعی محصولات متمرکز بوده و از رویکرد بازاریابی به توسعه محصول جدید غفلت ورزیده اند. هدف این تحقیق، کشف مقوله های مهم و تعیین روابط میان آنها جهت ارائه مدل توسعه محصولات مالی جدید در بازار سرمایه ایران با رویکرد بازاریابی است. در این پژوهش کیفی، برای طراحی مدل تحقیق از استراتژی نظریه داده بنیاد استفاده شد. برای شناسایی خبرگان دانشگاهی- اجرایی موضوع در بازار سرمایه از نمونه گیری نظری و گلوله برفی استفاده شد و پس از انجام 14 مصاحبه، اشباع نظری حاصل شد. داده ها در نرمافزار word پیادهسازی و با استفاده از نرمافزار maxqda تحلیل شد. داده های تحقیق (712 نکته توصیفی) در سه مرحله کدگذاری باز، کدگذاری محوری و کدگذاری گزینشی تحلیل شد. یافته ها نشان میدهد که مدل نهایی از 6 مقوله اصلی، 20 زیرمقوله و 129 مفهوم اصلی تشکیل شده است. بیشترین فراوانی مفاهیم به ترتیب مربوط به شرایط مداخله گر (69 کد)، شرایط علّی (15 کد)، راهبردها ( 13 کد)، شرایط زمینه ای (12 کد)، پدیده محوری و پیامدها (هر کدام 10 کد) بود. "مراحل" توسعه محصول مالی جدید به عنوان پدیدۀ محوری تشخیص داده شد. یافتههای تحقیق نشان میدهد که مدیران و سیاستگذاران بازار سرمایه برای توسعه موفقیت آمیز محصولات و ابزارهای مالی جدید باید به همه مقولههای شرایط علّی، زمینهای، مداخله گر، راهبردها و پیامدها توجه کنند و با رویکرد بازارگرا و چندگانه، مراحل شناسایی شده برای توسعه محصول مالی جدید را طی نمایند.
کلیدواژه‌ها
عنوان مقاله [English]
A Model for New Financial Product Development in the Capital Market of Iran
نویسندگان [English]
- Ali Divandari 1
- Mohammad Rahim Esfidani 2
- Mohammad Esmaiel Fadaei Nejad 3
- Hossein Jalilian 4
چکیده [English]
Research studies on new financial products development in the capital markets of Islamic countries and Iran have often focused on the technical and shari'ah (religious) design of financial products and neglected the marketing approach to the New Product Development (NPD). The purpose of this research is to explore important categories and determine their relationships in order to provide a model for developing new financial products in the capital market of Iran with a marketing approach. In this qualitative research, the grounded theory strategy was used to design the research model. To identify academic-executive new products experts in the capital market, snow-ball sampling were used and after 14 interviews, theoretical saturation was obtained. The collected data were implemented in Word software and analyzed using Maxqda software. The research data were analyzed in three stages: open coding (712 descriptive codes), axial coding and selective coding. The findings show that the final model consists of 6 main categories, 20 subcategories and 129 abstract concepts. The most frequent concepts were respectively intervening conditions (69 codes), causal conditions (15 codes), strategies (13 codes), contextual conditions (12 codes), core phenomenon and outcomes (each of them 10 codes). The “stages” of new financial product development were identified as core phenomenon of the model. The research findings show that capital market managers and policy makers need to pay attention to all categories of causal conditions, intervening conditions, contextual conditions, strategies and outcomes of new product development, and take a marketing and multifaceted approach to new financial products development.
کلیدواژه‌ها [English]
- New Product
- Capital Market
- Financial Services Marketing
- Grounded Theory
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