Microblogging websites such as Twitter have caused sentiment analysis research to increase in popularity over the last several decades. However, most studies focus on the English language, which leaves other languages underrepresented. Therefore, in this paper, we compare several modeling techniques for sentiment analysis using a new dataset containing Flemish tweets. The key contribution of our paper lies in its innovative experimental design: we compared different preprocessing techniques and vector representations to find the best-performing combination for a Flemish dataset. We compared models belonging to four different categories: lexicon-based methods, traditional machine-learning models, neural networks, and attention-based models. We found that more preprocessing leads to better results, but the best-performing vector representation approach depends on the model applied. Moreover, an immense gap was observed between the performances of the lexicon-based approaches and those of the other models. The traditional machine learning approaches and the neural networks produced similar results, but the attention-based model was the best-performing technique. Nevertheless, a tradeoff should be made between computational expenses and performance gains.

Mapping innovation in companies for the purpose of official statistics is usually done through business surveys. However, this traditional approach faces several drawbacks like a lack of responses, response bias, low frequency, and high costs. Alternatively, text-based models trained on web-scraped text from company websites have been developed to complement or substitute traditional business surveys. This paper utilises web scraping and text-based models to map the business innovation in Flanders with a focus on identifying different types of innovation through topic modelling. More specifically, the scraped web texts are used to identify innovative economic sectors or topics, and to classify firms into these topics using Top2Vec and Lbl2Vec. We conclude that both models can be successfully combined to discover topics (or sectors) and classify companies into these topics which results in an additional parameter for mapping innovation in different regions.