Increasingly, management researchers are using topic modeling, a new method borrowed from computer science, to reveal phenomenon-based constructs and grounded conceptual relationships in textual data. By conceptualizing topic modeling as the process of rendering constructs and conceptual relationships from textual data, we demonstrate how this new method can advance management scholarship without turning topic modeling into a black box of complex computer-driven algorithms. We begin by comparing features of topic modeling to related techniques (content analysis, grounded theorizing, and natural language processing). We then walk through the steps of rendering with topic modeling and apply rendering to management articles that draw on topic modeling. Doing so enables us to identify and discuss how topic modeling has advanced management theory in five areas: detecting novelty and emergence, developing inductive classification systems, understanding online audiences and products, analyzing frames and social movements, and understanding cultural dynamics. We conclude with a review of new topic modeling trends and revisit the role of researcher interpretation in a world of computer-driven textual analysis.

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Vol. 13, No. 2

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Received 8 September 2017

Accepted 23 April 2019

Published online 15 July 2019

Published in print 1 July 2019

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Acknowledgments

We would like to thank the editors of the Academy of Management Annals for their support and helpful comments. We also thank the participants in our various topic modeling presentations and reviewers and division organizers (specifically Peer Fiss and Renate Meyer) at the Academy of Management meetings. In addition, we would like to recognize Marc-David Seidel and Christopher Steele from the Interpretive Data Science (IDeaS) group for their role in germinating these ideas, Mike Pfarrer for his comments on a later draft of the paper, and Kara Gehman for her fine-grained edits on next-to-final drafts. Finally, we wish to express our appreciation to our life partners for not only putting up with but also actively discussing this paper as it evolved.

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