An Empirical Study of Standardisation, Open Architecture, andPro tability in an Internet of Things Business

Fumihiko Isada and Yuriko Isada
Additional contact information
Fumihiko Isada: Kansai University, Takatsuki, Japan
Yuriko Isada: Kwansei Gakuin University, Sanda, Japan

International Journal of Business and Economic Affairs (IJBEA), 2017, vol. 2, issue 4, 253-259

Abstract: The objective of this research is to clarify the actual condition of a technological strategy in which acompany opens its technology and contributes to the construction of an industry standard for the Internet of Things (IoT)industry, which at present is in the dawn or growth phase. In particular, it veri es the in uence of the growth potentialand the pro tability of a company on the industry aggregate. In preceding research in other industries, although openingits own technology is not necessarily linked directly to a pro t, it has been shown that it can contribute to long-termpro tability by a strategic e ort. As an examination method, a questionnaire was conducted among companies that haveentered the IoT industry. As a result of this research, it also became clear that, in the IoT industry, prior investmentin standardization can contribute indirectly to long-term revenue. In addition, the necessity for a strategic shift in thebusiness model was observed

Keywords: Standardisation; Open architecture; Platform leadership; Internet of things (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ijbea.com/ojs/index.php/ijbea/article/view/84 (application/pdf)
https://ijbea.com/ojs/index.php/ijbea/article/view/84/73 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aya:ijbeaa:2017:p:253-259

DOI: 10.24088/IJBEA-2017-24004

Access Statistics for this article

International Journal of Business and Economic Affairs (IJBEA) is currently edited by Sana N. Maswadeh

More articles in International Journal of Business and Economic Affairs (IJBEA) from Sana N. Maswadeh H # 15, Street # 9, Margalla view Housing Society, D-17, Islamabad.
Bibliographic data for series maintained by Sana N. Maswadeh ().