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The transformative direction of innovation toward an IoT-based society - Increasing dependency on uncaptured GDP in global ICT firms

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  • Naveed, Kashif
  • Watanabe, Chihiro
  • Neittaanmäki, Pekka

Abstract

Driven by the possibilities of the Internet of Things (IoT), global information and communication technology (ICT) firms have taken significant steps forward in recent years.

Suggested Citation

  • Naveed, Kashif & Watanabe, Chihiro & Neittaanmäki, Pekka, 2018. "The transformative direction of innovation toward an IoT-based society - Increasing dependency on uncaptured GDP in global ICT firms," Technology in Society, Elsevier, vol. 53(C), pages 23-46.
    • Handle: RePEc:eee:teinso:v:53:y:2018:i:c:p:23-46
    DOI: 10.1016/j.techsoc.2017.11.003
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    References listed on IDEAS

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    1. Jack E. Triplett, 1999. "The Solow productivity paradox: what do computers do to productivity?," Canadian Journal of Economics, Canadian Economics Association, vol. 32(2), pages 309-334, April.
    2. Nadim Ahmad & Paul Schreyer, 2016. "Are GDP and Productivity Up to the Challenges of the Digital Economy?," International Productivity Monitor, Centre for the Study of Living Standards, vol. 30, pages 4-27, Spring.
    3. Naveed, Kashif & Watanabe, Chihiro & Neittaanmäki, Pekka, 2017. "Co-evolution between streaming and live music leads a way to the sustainable growth of music industry – Lessons from the US experiences," Technology in Society, Elsevier, vol. 50(C), pages 1-19.
    4. Watanabe, Chihiro & Naveed, Kashif & Neittaanmäki, Pekka, 2016. "Co-evolution of three mega-trends nurtures un-captured GDP – Uber’s ride-sharing revolution," Technology in Society, Elsevier, vol. 46(C), pages 164-185.
    5. Kraemer, Kenneth L. & Dedrick, Jason, 1994. "Payoffs from investment in information technology: Lessons from the Asia-Pacific region," World Development, Elsevier, vol. 22(12), pages 1921-1931, December.
    6. Watanabe, Chihiro & Naveed, Kashif & Zhao, Weilin, 2015. "New paradigm of ICT productivity – Increasing role of un-captured GDP and growing anger of consumers," Technology in Society, Elsevier, vol. 41(C), pages 21-44.
    7. Watanabe, Chihiro & Naveed, Kashif & Neittaanmäki, Pekka, 2015. "Dependency on un-captured GDP as a source of resilience beyond economic value in countries with advanced ICT infrastructure: Similarities and disparities between Finland and Singapore," Technology in Society, Elsevier, vol. 42(C), pages 104-122.
    8. Watanabe, Chihiro & Naveed, Kashif & Neittaanmäki, Pekka & Tou, Yuji, 2016. "Operationalization of un-captured GDP - Innovation stream under new global mega-trends," Technology in Society, Elsevier, vol. 45(C), pages 58-77.
    9. Watanabe, Chihiro & Naveed, Kashif & Neittaanmäki, Pekka, 2017. "ICT-driven disruptive innovation nurtures un-captured GDP – Harnessing women's potential as untapped resources," Technology in Society, Elsevier, vol. 51(C), pages 81-101.
    10. Erik Brynjolfsson & Lorin Hitt, 1996. "Paradox Lost? Firm-Level Evidence on the Returns to Information Systems Spending," Management Science, INFORMS, vol. 42(4), pages 541-558, April.
    11. Watanabe, Chihiro & Naveed, Kashif & Neittaanmäki, Pekka, 2017. "Co-evolution between trust in teachers and higher education toward digitally-rich learning environments," Technology in Society, Elsevier, vol. 48(C), pages 70-96.
    12. Watanabe, Chihiro & Naveed, Kashif & Neittaanmäki, Pekka & Fox, Brenda, 2017. "Consolidated challenge to social demand for resilient platforms - Lessons from Uber's global expansion," Technology in Society, Elsevier, vol. 48(C), pages 33-53.
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    Cited by:

    1. Watanabe, Chihiro & Tou, Yuji & Neittaanmäki, Pekka, 2018. "A new paradox of the digital economy - Structural sources of the limitation of GDP statistics," Technology in Society, Elsevier, vol. 55(C), pages 9-23.
    2. Pal, Debajyoti & Zhang, Xiangmin & Siyal, Saeed, 2021. "Prohibitive factors to the acceptance of Internet of Things (IoT) technology in society: A smart-home context using a resistive modelling approach," Technology in Society, Elsevier, vol. 66(C).
    3. Andrea Ferrari & Giulio Mangano & Anna Corinna Cagliano & Alberto De Marco, 2023. "4.0 technologies in city logistics: an empirical investigation of contextual factors," Operations Management Research, Springer, vol. 16(1), pages 345-362, March.
    4. Cheryl, Barr-Kumarakulasinghe & Ng, Boon-Kwee & Wong, Chan-Yuan, 2021. "Governing the progress of internet-of-things: Ambivalence in the quest of technology exploitation and user rights protection," Technology in Society, Elsevier, vol. 64(C).
    5. Sindhwani, Rahul & Afridi, Shayan & Kumar, Anil & Banaitis, Audrius & Luthra, Sunil & Singh, Punj Lata, 2022. "Can industry 5.0 revolutionize the wave of resilience and social value creation? A multi-criteria framework to analyze enablers," Technology in Society, Elsevier, vol. 68(C).
    6. Hidemichi Fujii & Akihiko Shinozaki & Shigemi Kagawa & Shunsuke Managi, 2019. "How Does Information and Communication Technology Capital Affect Productivity in the Energy Sector? New Evidence from 14 Countries, Considering the Transition to Renewable Energy Systems," Energies, MDPI, vol. 12(9), pages 1-16, May.
    7. Khayer, Abul & Talukder, Md. Shamim & Bao, Yukun & Hossain, Md. Nahin, 2020. "Cloud computing adoption and its impact on SMEs’ performance for cloud supported operations: A dual-stage analytical approach," Technology in Society, Elsevier, vol. 60(C).
    8. Aggarwal, Nitin & Albert, Leslie J. & Hill, Timothy R. & Rodan, Simon A., 2020. "Risk knowledge and concern as influences of purchase intention for internet of things devices," Technology in Society, Elsevier, vol. 62(C).
    9. Tou, Yuji & Watanabe, Chihiro & Moriya, Kuniko & Naveed, Nasir & Vurpillat, Victor & Neittaanmäki, Pekka, 2019. "The transformation of R&D into neo open innovation- a new concept in R&D endeavor triggered by amazon," Technology in Society, Elsevier, vol. 58(C).
    10. Tou, Yuji & Watanabe, Chihiro & Moriya, Kuniko & Neittaanmäki, Pekka, 2019. "Harnessing soft innovation resources leads to neo open innovation," Technology in Society, Elsevier, vol. 58(C).
    11. Thomas Scherngell & Charlotte Rohde & Martina Neuländtner, 2020. "The dynamics of global R&D collaboration networks in ICT: Does China catch up with the US?," PLOS ONE, Public Library of Science, vol. 15(9), pages 1-17, September.

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