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Leveraging SMEs technologies adoption in the Covid-19 pandemic: a case study on Twitter-based user-generated content

Author

Listed:
  • Jose Ramon Saura

    (Rey Juan Carlos University)

  • Daniel Palacios-Marqués

    (Universitat Politècnica de València)

  • Domingo Ribeiro-Soriano

    (Universitat de Valencia)

Abstract

The COVID-19 pandemic has caused many entrepreneurs and small and medium enterprises (SMEs) to adapt their business models and business strategies to the consequences caused by the pandemic. In order to identify the main innovations and technologies adopted by SMEs in the pandemic, in the present study, we used a database of 56,941 tweets related to the coronavirus to identify those that contained the hashtag #SMEs. The final sample was analyzed using several data-mining techniques such as sentiment analysis, topic modeling and textual analysis. The theoretical perspectives adopted in the present study were Computer-Aided Text Analysis, User-Generated Content and Natural Language Processing. The results of our analysis helped us to identify 15 topics (7 positive: Free support against Covid-19, Webinars tools, Time Optimizer and efficiency, Business solutions tools, Advisors tools, Software for process support and Back-up tools; 4 negative: Government support, Payment systems, Cybersecurity problems and Customers solutions in Cloud, and and 4 neutral: Social media and e-commerce, Specialized startups software, CRMs and Finance and Big data analysis tools). The results of the present study suggest that SMEs have used a variety of digital tools and strategies to adapt to the changing market conditions brought on by the pandemic, and have been proactive in adopting new technologies to continue to operate and reach customers in a connected era. Future research should be directed towards understanding the long-term effects of these technologies and strategies on entrepreneurial growth and value creation, as well as the sustainability of SMEs in the new era based on data-driven decisions.

Suggested Citation

  • Jose Ramon Saura & Daniel Palacios-Marqués & Domingo Ribeiro-Soriano, 2023. "Leveraging SMEs technologies adoption in the Covid-19 pandemic: a case study on Twitter-based user-generated content," The Journal of Technology Transfer, Springer, vol. 48(5), pages 1696-1722, October.
    • Handle: RePEc:kap:jtecht:v:48:y:2023:i:5:d:10.1007_s10961-023-10023-z
    DOI: 10.1007/s10961-023-10023-z
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    Cited by:

    1. David B. Audretsch & Maksim Belitski & Rosa Caiazza & Farzana Chowdhury & Matthias Menter, 2023. "Entrepreneurial growth, value creation and new technologies," The Journal of Technology Transfer, Springer, vol. 48(5), pages 1535-1551, October.

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    More about this item

    Keywords

    Small-medium sized enterprises; Entrepreneurs; SMEs technologies; Covid-19; UGC;
    All these keywords.

    JEL classification:

    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M3 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management

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