Entrepreneurial orientation vignettes into open innovation of the internet of things: Advancing into the age of service dominant reasoning

Publisher:
Inderscience Publishers
Publication Type:
Journal Article
Citation:
International Journal of Services, Technology and Management, 2021, 27, (4-6), pp. 324-336
Issue Date:
2021-01-01
Full metadata record
Open innovation internet of things (OI-IoT) is in a nascent stage of development. IoT vignettes enable an understanding of the entrepreneurial orientation and open innovation in nurturing IoT and achieving enormous future growth and pervasiveness in everyday life. The interplay of open innovation in IoT (OI-IoT) suggests a two-step long run arrival of the IoT revolution during 2012–2030 with OI-IoT becoming a fabric of successful IoT implementations emerging in 2020 and beyond. Several propositions provide guidance for entrepreneurs developing IoT products as a service with new revenue streams and business models and builds on the early stage of IoT and entrepreneurial moves away from a closed technology assemblage towards embracing service dominant reasoning with an OI-IoT.
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