TY - GEN PB - Springer N2 - New products derive from the industry and the society as well. They can be created in the mind of anyone who sees a need that people can buy, as an outcome of knowledge creation and sharing. This paper presents the structure, concepts, methods and operations of a proposed framework that addresses a new approach on product knowledge registration, evolution and utilization. It explains the co-evolution of a democratic industry-society relationship between the large or small organizations and individuals and provides the process model to apply it in practice. The proposed framework adapts and uses the Company Democracy Model as the base for the development of a practical approach through the evolution of the new product development process over its six escalated stages. Starting from the first level of the idea creation within a knowledge sharing culture, until sixth level of the models which deals with globalization and internationalization strategies. ID - discovery10120912 T3 - Advances in Intelligent Systems and Computing (AISC) KW - New Product Development KW - Innovation KW - Society KW - Consumer KW - Company Democracy KW - Shared value KW - Entrepreneurship KW - Management KW - Leadership CY - Cham, Switzerland AV - public Y1 - 2019/08/14/ EP - 839 TI - Democratizing New Product Development Through an Industry-Society Entrepreneurial Partnership UR - https://doi.org/10.1007/978-3-030-27928-8_126 SN - 2194-5357 A1 - Markopoulos, E A1 - Gann, EL A1 - Vanharanta, H SP - 829 N1 - This version is the author accepted manuscript. For information on re-use, please refer to the publisher?s terms and conditions. ER -