Systems engineering is usually seen as the domain of large enterprises. However, small and medium sized (SMEs) and micro‐enterprises are coming to play an ever‐larger role even in industries traditionally dominated by large enterprises. In new product development projects carried out by SMEs or micro‐enterprise using systems engineering, three aspects should be noted. Firstly, such enterprise wants to initiate the project independently, i.e. develop a new product/system under ISO 29110, there is some information regarding how it could do it, i.e. the stage that would involve the definition of the requirements. But enterprise should be able to understand and apply this information. Secondly, it must be underlined that project execution, is preceded by establishment of cooperation of new product development process. This process is frequently tedious, time‐consuming and – especially for small organizations – troublesome. Thirdly, such cooperation should be anchored in the strategy especially in technology strategy of the company. Technology roadmapping could be considered as a tool which is helpful in technology strategy creation process.