Emerging markets and the IoT

Yorgos D. Marinakis, Inder Thukral, Makarand Pandey, Jorge Hernandez, Aard Groen, Steven Walsh

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

2 Citations (Scopus)

Abstract

Emerging market economies rarely lead the commercialization of emerging technologies. This was understandable when emerging hnologies were based on costly physical product technologies that produced products like airplanes, automobiles and more recently semiconductors and MEMS devices. Yet we are now in the information-or knowledge economy-based Schumpeterian cycle where exceptional infrastructure cost no longer apply. Emerging markets today have in many cases both the technological expertise and the infrastructure capital to embrace at least the IoT emerging service product technology base. If this is so, then what are the business models that are appropriate for emerging markets? Our research focuses on adding to the literature by investigating the differences between physical product-based and service product-based emerging technology adoption in emerging markets. We construct and demonstrate a comprehensive policy-based tool for the review of IoT-based (i.e., Software as a Service-based) opportunities.

Original languageEnglish
Title of host publicationPICMET 2018 - Portland International Conference on Management of Engineering and Technology
Subtitle of host publicationManaging Technological Entrepreneurship: The Engine for Economic Growth, Proceedings
EditorsDundar F. Kocaoglu, Timothy R. Anderson, Dilek Cetindamar Kozanoglu, Kiyoshi Niwa, Harm-Jan Steenhuis, Gary Perman
PublisherIEEE
Number of pages12
ISBN (Electronic)978-1-890843-37-3
DOIs
Publication statusPublished - 4 Oct 2018
Externally publishedYes
Event2018 Portland International Conference on Management of Engineering and Technology, PICMET 2018 - Waikiki Beach Marriott Resort & Spa, Honolulu, United States
Duration: 19 Aug 201823 Aug 2018
http://www.picmet.org/new/conferences/18/

Conference

Conference2018 Portland International Conference on Management of Engineering and Technology, PICMET 2018
Abbreviated titlePICMET 2018
CountryUnited States
CityHonolulu
Period19/08/1823/08/18
Internet address

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