Laparoscopic videos have been increasingly acquired for various purposes including surgical training and quality assurance, due to the wide adoption of laparoscopy in minimally invasive surgeries. However, it is very time consuming to view a large amount of laparoscopic videos, which prevents the values of laparoscopic video archives from being well exploited. In this paper, a dictionary selection based video summarization method is proposed to effectively extract keyframes for fast access of laparoscopic videos. Firstly, unlike the low-level feature used in most existing summarization methods, deep features are extracted from a convolutional neural network to effectively represent video frames. Secondly, based on such a deep representation, laparoscopic video summarization is formulated as a diverse and weighted dictionary selection model, in which image quality is taken into account to select high quality keyframes, and a diversity regularization term is added to reduce redundancy among the selected keyframes. Finally, an iterative algorithm with a rapid convergence rate is designed for model optimization, and the convergence of the proposed method is also analyzed. Experimental results on a recently released laparoscopic dataset demonstrate the clear superiority of the proposed methods. The proposed method can facilitate the access of key information in surgeries, training of junior clinicians, explanations to patients, and archive of case files.