Giannakis, Mihalis, Dubey, Rameshwar, Yan, Shishi, Spanaki, Konstantina, Papadopoulos, Thanos (2020) Social media and sensemaking patterns in new product development: demystifying the customer sentiment. Annals of Operations Research, . ISSN 0254-5330. (doi:10.1007/s10479-020-03775-6) (KAR id:83081)
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Official URL: https://doi.org/10.1007/s10479-020-03775-6 |
Abstract
Artificial intelligence by principle is developed to assist but also support decision making processes. In our study, we explore how information retrieved from social media can assist decision-making processes for new product development (NPD). We focus on consumers’ emotions that are expressed through social media and analyse the variations of their sentiments in all the stages of NPD. We collect data from Twitter that reveal consumers’ appreciation of aspects of the design of a newly launched model of an innovative automotive company. We adopt the sensemaking approach coupled with the use of fuzzy logic for text mining. This combinatory methodological approach enables us to retrieve consensus from the data and to explore the variations of sentiments of the customers about the product and define the polarity of these emotions for each of the NPD stages. The analysis identifies sensemaking patterns in Twitter data and explains the NPD process and the associated steps where the social interactions from customers can have an iterative role. We conclude the paper by outlining an agenda for future research in the NPD process and the role of the customer opinion through sensemaking mechanisms.
Item Type: | Article |
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DOI/Identification number: | 10.1007/s10479-020-03775-6 |
Uncontrolled keywords: | Social media, New product development (NPD), Artificial intelligence, Sensemaking, Customer sentiment |
Subjects: | H Social Sciences |
Divisions: | Divisions > Kent Business School - Division > Department of Analytics, Operations and Systems |
Depositing User: | Thanos Papadopoulos |
Date Deposited: | 23 Sep 2020 11:59 UTC |
Last Modified: | 05 Nov 2024 12:48 UTC |
Resource URI: | https://kar.kent.ac.uk/id/eprint/83081 (The current URI for this page, for reference purposes) |
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