The recent influx in generation, storage and availability of textual data presents researchers with the challenge of developing suitable methods for their analysis. Latent Semantic Analysis (LSA), a member of a family of methodological approaches that offers an opportunity to address this gap by describing the semantic content in textual data as a set of vectors, was pioneered by researchers in psychology, information retrieval, and bibliometrics. LSA involves a matrix operation called singular value decomposition, an extension of principal component analysis.LSA generates latent semantic dimensions that are either interpreted, if the researcher's primary interest lies with the understanding of the thematic structure in the textual data, or used for purposes of clustering, categorisation and predictive modelling, if the interest lies with the conversion of raw text into numerical data, as a precursor to subsequent analysis. This paper reviews five methodological issues that need to be addressed by the researcher who will embark on LSA. We examine the dilemmas, present the choices, and discuss the considerations under which good methodological decisions are made. We illustrate these issues with the help of four small studies, involving the analysis of abstracts for papers published in the European Journal of Information Systems.
While progress has been made in recent years to understand the differences among family firms, insights remain fragmented due, in part, to an incomplete understanding of heterogeneity and the scope of differences that exist among family firms. Given this, we offer a definition of and review the literature on family firm heterogeneity. A latent semantic analysis of 781 articles from 33 journals identified nine common themes of family firm heterogeneity. For each theme, we review scholarly progress made and highlight differences among family firms. Additionally, we offer directions for advancing the study of family firm heterogeneity.
In this article, we introduce the use of Latent Semantic Analysis (LSA) as a technique for uncovering the intellectual structure of a discipline. LSA is an emerging quantitative method for content analysis that combines rigorous statistical techniques and scholarly judgment as it proceeds to extract and decipher key latent factors. We provide a stepwise explanation and illustration for implementing LSA. To demonstrate LSA's ability to uncover the intellectual structure of a discipline, we present a study of the field of Operations Management. We also discuss a number of potential applications of LSA to show how it can be used in empirical Operations Management research, specifically in areas that can benefit from analyzing large volumes of unstructured textual data.
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