University of Oulu

Khademi, B., Lampela, H., & Smyrnios, K. X. 2021. A Roadmap for Systematically Identifying Opportunities in Ecosystems Using Scientific Publications Data. Technology Innovation Management Review, 11(1): 34-55.

A roadmap for systematically identifying opportunities in ecosystems using scientific publications data

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Author: Khademi, Behrooz1; Lampela, Hannele2; Smyrnios, Kosmas X.3
Organizations: 1Royal Melbourne Institute of Technology
2University of Oulu
3University of the South Pacific
Format: article
Version: published version
Access: open
Online Access: PDF Full Text (PDF, 5.5 MB)
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Language: English
Published: Carleton University, 2021
Publish Date: 2021-02-10


Opportunity identification is a continuous process in ecosystems. However, ambiguities and challenges associated with knowledge exploration and exploitation can retard opportunity recognition processes. This in turn may culminate in excessive expenditure of resources or loss of latent opportunities. The present study adopts an analytical approach and proposes a methodological roadmap that utilizes scientometric and text mining techniques. The roadmap uses data from Web of Science as input, and generates insights that support decision-making about resource saving, strategic planning, investment, and policymaking. Our roadmap extends methods used in studying ecosystems by combining existing and novel techniques in data analytics. Using Python and VOSViewer, we show an exemplary application of the new roadmap, framed in the context of the Nordic countries’ renewable energy ecosystem

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Series: Technology innovation management review
ISSN: 1927-0321
ISSN-E: 1927-0321
ISSN-L: 1927-0321
Volume: 11
Issue: 1
Pages: 34 - 55
DOI: 10.22215/timreview/1415
Type of Publication: A1 Journal article – refereed
Field of Science: 222 Other engineering and technologies
Copyright information: The Technology Innovation Management Review is published under a Creative Commons Attribution 3.0 Unported License. Authors retain full copyright to their individual works.