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Word of Mouth, Digital Media, and Open Innovation at the Agricultural SMEs

Tutur Wicaksono, Agus Dwi Nugroho, Zoltán Lakner, Anna Dunay, Csaba Bálint Illés · 2021 · Journal of Open Innovation Technology Market and Complexity

Summary. Agricultural SMEs in Hungary's local markets rely on two main information channels: word-of-mouth and digital media. Research with 156 consumers at Budapest's Central Market Hall found that older consumers prefer word-of-mouth, while educated, foreign, or socially isolated consumers choose digital platforms. The study recommends SMEs strengthen product quality and develop two-way digital communication strategies to reach diverse customer segments.

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Wicaksono, T., Nugroho, A. D., Lakner, Z., Dunay, A., & Illés, C. B.. (2021). Word of Mouth, Digital Media, and Open Innovation at the Agricultural SMEs. Journal of Open Innovation Technology Market and Complexity. https://doi.org/10.3390/joitmc7010091

Details

DOI
10.3390/joitmc7010091
Countries
Hungary
Regions
Europe
Categories
agtech, entrepreneurship, innovation-networks
Added
2026-04-28