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Text mining to explore the influencing factors of sharing economy driven digital platforms to promote social and economic development

Author

Listed:
  • Li Cui
  • Ying Hou
  • Yang Liu
  • Lu Zhang

Abstract

As the sharing economy develops rapidly, associated sharing economy driven digital platforms are becoming increasingly important and are linked to social and economic development. Identifying the influencing factors of sharing economy driven digital platforms to promote social and economic development can provide relevant knowledge and suggestions for firms running these types of platforms. Therefore, this paper proposes an approach based on text mining that uses different models to explore the influencing factors of sharing economy driven digital platforms to promote social and economic development. The results show that sharing economy driven digital platforms with consumer-to-consumer business models emphasize social connections, while platforms with a business-to-consumer model focus more on economic benefits. Technological and regulatory innovation is the new driving force for sharing economy driven digital platforms to promote social and economic development in the future. Suggestions for sharing economy driven digital platforms to promote social and economic development are provided.

Suggested Citation

  • Li Cui & Ying Hou & Yang Liu & Lu Zhang, 2021. "Text mining to explore the influencing factors of sharing economy driven digital platforms to promote social and economic development," Information Technology for Development, Taylor & Francis Journals, vol. 27(4), pages 779-801, October.
    • Handle: RePEc:taf:titdxx:v:27:y:2021:i:4:p:779-801
    DOI: 10.1080/02681102.2020.1815636
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    Cited by:

    1. Ruohan Wang & Qingjin Wang & Renbo Shi & Kaiyun Zhang & Xueling Wang, 2023. "How the Digital Economy Enables Regional Sustainable Development Using Big Data Analytics," Sustainability, MDPI, vol. 15(18), pages 1-16, September.
    2. Carson Duan, 2023. "A State-of-the-Art Review of Sharing Economy Business Models and a Forecast of Future Research Directions for Sustainable Development: A Bibliometric Analysis Approach," Sustainability, MDPI, vol. 15(5), pages 1-37, March.
    3. Xiaolong Wei & Jianwei Zhang & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "The Role of Digital Economy in Enhancing the Sports Industry to Attain Sustainable Development," Sustainability, MDPI, vol. 15(15), pages 1-21, August.
    4. Xing Zhang & Jian Zhong & Huanfang Wang, 2023. "Does the Development of Digital Economy Affect Environmental Pollution?," Sustainability, MDPI, vol. 15(12), pages 1-18, June.
    5. Aurelija Burinskienė & Virginija Grybaitė & Olga Lingaitienė, 2024. "Sharing Economy Development: Empirical Analysis of Technological Factors," Sustainability, MDPI, vol. 16(4), pages 1-30, February.
    6. Haisen Wang & Gangqiang Yang & Ziyang Yue, 2023. "Breaking through ingrained beliefs: revisiting the impact of the digital economy on carbon emissions," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-13, December.

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