Ecosystem Effects of the Industrial Internet of Things on Manufacturing Companies

Arnold C, Voigt KI (2017)

Publication Language: English

Publication Type: Conference contribution, Conference Contribution

Publication year: 2017

Event location: Istanbul TR

URI: https://www.researchgate.net/publication/321769867_Ecosystem_Effects_of_the_Industrial_Internet_of_Things_on_Manufacturing_Companies

Abstract

The Industrial Internet of Things (IIoT) represents a novel, future-oriented paradigm of industrial value creation, which facilitates the creation of networks across and within manufacturing companies. Consequently, the IIoT is associated with an adjusted characterization of respective business ecosystems. As current research has primarily focused on the IIoT’s technical fundamentals, economic research is still in its infancy. This article aims at examining the effects of IIoT on manufacturing companies’ business ecosystems by applying a mixed-method approach. Thus, we carried out a quantitative survey among 198 German manufacturers from several industries based on insights of 15 expert interviews. This study contributes to the sparse body of scientific IIoT literature from an economic perspective by revealing that IIoT adoption is associated with greater openness of manufacturers toward participants of all analyzed ecosystem dimensions, i.e., customers, suppliers, organizations external to the own industry, and research institutions. Moreover, an intensified ecosystem integration is expected over time.

Authors with CRIS profile

Christian Arnold Lehrstuhl für Betriebswirtschaftslehre, insbesondere Industrielles Management Kai-Ingo Voigt Lehrstuhl für Betriebswirtschaftslehre, insbesondere Industrielles Management

How to cite

APA:

Arnold, C., & Voigt, K.-I. (2017). Ecosystem Effects of the Industrial Internet of Things on Manufacturing Companies. In Proceedings of the International Management Information Systems Conference (IMISC). Istanbul, TR.

MLA:

Arnold, Christian, and Kai-Ingo Voigt. "Ecosystem Effects of the Industrial Internet of Things on Manufacturing Companies." Proceedings of the International Management Information Systems Conference (IMISC), Istanbul 2017.

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