Unstructured data research in business: Toward a structured approach
Evert de Haan,
Manjunath Padigar,
Siham El Kihal,
Raoul Kübler and
Jaap E. Wieringa
Journal of Business Research, 2024, vol. 177, issue C
Abstract:
Despite the unprecedented growth in both the volume of unstructured data (UD) and the associated methodological sophistication, there is a growing managerial need for a structured view of how to select data sources and methods given a specific use case or scenario. Handling UD is typically resource intensive, requires many steps, and involves high uncertainty, but UD can contain rich information not found in structured data. Recognizing the gap in clear guidelines for leveraging UD in managerial decision-making, we develop a systematic three-step approach: (1) problem identification, (2) solutions development, and (3) problem resolution. Building on organizational learning theory, we propose a solutions development framework with four conceptually distinct uses of UD based on two dimensions: organizational learning goals (exploration and exploitation) and environmental scanning scope (internal and external data sources). Finally, we discuss implications for practitioners and outline key focus areas for future research directions.
Keywords: Unstructured data; Strategic framework; Organizational learning theory (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0148296324001590
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:177:y:2024:i:c:s0148296324001590
DOI: 10.1016/j.jbusres.2024.114655
Access Statistics for this article
Journal of Business Research is currently edited by A. G. Woodside
More articles in Journal of Business Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().