Authors
David M Goldberg, Alan S Abrahams
Publication date
2022/6/1
Journal
Decision Support Systems
Volume
157
Pages
113751
Publisher
North-Holland
Description
In recent years, online reviews have offered a rich new medium for consumers to express their opinions and feedback. Product designers frequently aim to consider consumer preferences in their work, but many firms are unsure of how best to harness this online feedback given that textual data is both unstructured and voluminous. In this study, we use text mining tools to propose a method for rapid prioritization of online reviews, differentiating the reviews pertaining to innovation opportunities that are most useful for firms. We draw from the innovation and entrepreneurship literature and provide an empirical basis for the widely accepted attribute mapping framework, which delineates between desirable product attributes that firms may want to capitalize upon and undesirable attributes that they may need to remedy. Based on a large sample of reviews in the countertop appliances industry, we demonstrate the …
Total citations
20222023202471916
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