@article {1472,
	title = {Technology Project Summaries as a Predictor of Crowdfunding Success},
	journal = {Technology Innovation Management Review},
	volume = {11},
	year = {2021},
	month = {12/2021},
	pages = {33-44},
	publisher = {Talent First Network},
	chapter = {33},
	address = {Ottawa},
	abstract = {Crowdfunding has emerged in recent years as an important alternative means for technology entrepreneurs to raise funds for their products and business ideas. While the success rate of crowdfunding projects is somewhat low, scholarly understanding of what distinguishes projects that reach their fundraising goals from those that fail remains incomplete. Further, studies on crowdfunding success often examine a number of variables that make predicting success a challenge for entrepreneurs wiling to use crowdfunding. This study uses topic modelling on a data set of over 21,000 technology projects from Kickstarter to investigate if short-text project summaries can reveal predictors of fundraising success on crowdfunding platforms. The results indicate that compared to those that fail in fundraising, project summaries of successfully funded technology projects put forward more trendy topics, use wording that reflects novelty, and focus on solving a social problem. Our results contribute to theory and practice by suggesting the importance of summarizing project content for crowdfunding success.},
	keywords = {backers, crowdfunding, failure, funding, fundraising, Kickstarter, prediction, project, success, topic modelling},
	issn = {1927-0321},
	doi = {http://doi.org/10.22215/timreview/1472},
	url = {timreview.ca/article/1472},
	author = {Mika Westerlund and Ishdeep Singh and Mervi Rajahonka and Seppo Leminen}
}
@article {1170,
	title = {A Topic Modelling Analysis of Living Labs Research},
	journal = {Technology Innovation Management Review},
	volume = {8},
	year = {2018},
	month = {07/2018},
	pages = {40-51},
	publisher = {Talent First Network},
	address = {Ottawa},
	abstract = {This study applies topic modelling analysis on a corpus of 86 publications in the Technology Innovation Management Review (TIM Review) to understand how the phenomenon of living labs has been approached in the recent innovation management literature. Although the analysis is performed on a corpus collected from only one journal, the TIM Review has published the largest number of special issues on living labs to date, thus it reflects the advancement of the area in the scholarly literature. According to the analysis, research approaches to living labs can be categorized under seven broad topics: 1) Design, 2) Ecosystem, 3) City, 4) University, 5) Innovation, 6) User, and 7) Living lab. Moreover, each topic includes a set of characteristic subtopics. A trend analysis suggests that the emphasis of research on living labs is moving away from a conceptual focus on what living labs are and who is involved in their ecosystems to practical applications of how to design and manage living labs, their processes, and participants, especially users, as key stakeholders and in novel application areas such as the urban city context.},
	keywords = {big data, data mining, innovation, Living lab, living laboratory, research trends, text analytics, topic modeling, topic modelling},
	issn = {1927-0321},
	doi = {http://doi.org/10.22215/timreview/1170},
	url = {http://timreview.ca/article/1170},
	author = {Mika Westerlund and Seppo Leminen and Mervi Rajahonka}
}
@article {1118,
	title = {Towards Third-Generation Living Lab Networks in Cities},
	journal = {Technology Innovation Management Review},
	volume = {7},
	year = {2017},
	month = {11/2017},
	pages = {21-35},
	publisher = {Talent First Network},
	address = {Ottawa},
	abstract = {Many cities engage in diverse experimentation, innovation, and development activities with a broad variety of environments and stakeholders to the benefit of citizens, companies, municipalities, and other organizations. Hence, this article discusses such engagement in terms of next-generation living lab networks in the city context. In so doing, the study contributes to the discussion on living labs by introducing a framework of collaborative innovation networks in cities and suggesting a typology of third-generation living labs. Our framework is characterized by diverse platforms and participation approaches, resulting in four distinctive modes of collaborative innovation networks where the city is: i) a provider, ii) a neighbourhood participator, iii) a catalyst, or iv) a rapid experimenter. The typology is based on an analysis of 118 interviews with participants in six Finnish cities and reveals various ways to organize innovation activities in the city context. In particular, cities can benefit from innovation networks by simultaneously exploiting multiple platforms such as living labs for innovation. We conclude by discussing implications to theory and practice, and suggesting directions for future research.},
	keywords = {city, co-creation, collaborative innovation, innovation, Living lab, networks, Open innovation, smart city, third-generation},
	issn = {1927-0321},
	doi = {http://doi.org/10.22215/timreview/1118},
	url = {http://timreview.ca/article/1118},
	author = {Seppo Leminen and Mervi Rajahonka and Mika Westerlund}
}
