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Generating Futures from Text—Scenario Development Using Text Mining

In: Anticipating Future Innovation Pathways Through Large Data Analysis

Author

Listed:
  • Victoria Kayser

    (Fraunhofer Institute for Systems and Innovation Research
    Technische Universität Berlin)

  • Erduana Shala

    (Fraunhofer Institute for Systems and Innovation Research
    Karlsruhe Institute of Technology)

Abstract

Scenarios illustrate probable, plausible, and possible future developments and serve as a framework for strategic planning and decision making. They try to draw holistic images considering various aspects of today’s world. Still, their development is complex and time-consuming. For example, at the beginning of the scenario development process, the literature needs to be screened in order to capture the state of the art and get an overview on influential aspects for the scenario stories. Here, this work concentrates on and proposes two alternative text mining approaches to improve this initial phase of scenario preparation. Text mining automatically processes texts and aggregates their content (scientific publications and reports in this case). This enables to summarize the topic and identify driving aspects. In order to draw a comparison, two different approaches are applied on two different cases. As the results show, the delimitation and structuring of the scenario field are supported and input for discussing the influences is delivered.

Suggested Citation

  • Victoria Kayser & Erduana Shala, 2016. "Generating Futures from Text—Scenario Development Using Text Mining," Innovation, Technology, and Knowledge Management, in: Tugrul U. Daim & Denise Chiavetta & Alan L. Porter & Ozcan Saritas (ed.), Anticipating Future Innovation Pathways Through Large Data Analysis, chapter 0, pages 229-245, Springer.
  • Handle: RePEc:spr:innchp:978-3-319-39056-7_13
    DOI: 10.1007/978-3-319-39056-7_13
    as

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