Novelty-focussed document mapping to identify new service opportunities

Changyong Lee, Hakyeon Lee

Research output: Contribution to journalArticlepeer-review

14 Scopus citations

Abstract

Successful innovation in services is considered a key factor for organisational sustainability. However, existing customer- and expert-centric approaches are becoming time-consuming and labour-intensive as the number and complexity of services increase. To counter this, an instrument for service opportunity analysis based on quantitative data and systematic processes is proposed in line with the notions of service engineering. At the heart of the suggested approach is text mining to extract the meanings of service documents and the local outlier factor to identify novel services based on quantitative indicators. A case study of mobile services is exemplified. The suggested approach promotes consensus building for promising service opportunities and enhances the efficiency of the fuzzy front-end stages of new service development.

Original languageEnglish
Pages (from-to)345-361
Number of pages17
JournalService Industries Journal
Volume35
Issue number6
DOIs
StatePublished - 26 Apr 2015

Keywords

  • novelty indicator
  • service engineering
  • service innovation
  • service opportunity

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