Exploring the Determinants of Successful IoT Adoption: The Case of German Manufacturing

Aigerim Zhuankhan and Jaco Renken
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Aigerim Zhuankhan: The University of Manchester, Manchester, UK
Jaco Renken: The University of Manchester, Manchester, UK

International Journal of Innovation and Technology Management (IJITM), 2023, vol. 20, issue 07, 1-31

Abstract: In this study, we explore the factors influencing the successful IoT adoption. Based on the technology–organization–environment (TOE) theory and literature analysis, 14 propositions were formulated, and their validity was explored through three cases in the German manufacturing sector. The research shows that successful IoT adoption involves more than just introducing new technology; it requires organizational changes that create customer value through IoT solutions. Companies should anchor IoT adoption in their digitalization strategy and develop service-based business models before addressing technological aspects. A hybrid IoT adoption model, comprising organizational and technological factors, assists practitioners in preparing for IoT initiatives.

Keywords: IoT adoption by organizations; innovation adoption; digital transformation; organizational transformation (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1142/S0219877023500463

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