Perspectives on management theory’s application in the internet of things research

Payam Hanafizadeh (), Ferdos Hatami Lankarani () and Shahrokh Nikou ()
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Payam Hanafizadeh: Allameh Tabataba’i University
Ferdos Hatami Lankarani: Allameh Tabataba’i University
Shahrokh Nikou: Åbo Akademi University

Information Systems and e-Business Management, 2022, vol. 20, issue 4, No 6, 749-787

Abstract: Abstract The growing use of the internet of things (IoT) has provided businesses with a new opportunity. This study performed a systematic literature review and analyzed 179 peer-reviewed empirical studies using IoT technology to uncover prone theories in IoT implementation in business. The findings showed that Resource Dependence Theory, Game Theory, and Contingency Theory are the most extensively employed in research to understand better how businesses interact with their surrounding business environments. Furthermore, while Stakeholder Theory was employed in IoT research to understand how technology supports the improvement of the business environment, other theories such as Resource-Based View and Dynamic Capability theories have been used in prior studies to comprehend IoT capabilities. The theoretical and practical contributions are discussed.

Keywords: Internet of things (IoT); IoT application; IoT property; IoT technology stack; Management theory; Organizational theory (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s10257-022-00569-0

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