IDEAS home Printed from https://ideas.repec.org/a/eee/teinso/v53y2018icp23-46.html
   My bibliography  Save this article

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

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0160791X17302014
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techsoc.2017.11.003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    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. 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.
    4. 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.
    5. 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.
    6. 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.
    7. 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.
    8. 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.
    9. 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.
    10. 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.
    11. 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.
    12. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. 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).
    2. 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).
    3. 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).
    4. 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.
    5. 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.
    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. 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.
    8. 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).
    9. 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).
    10. 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).
    11. 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).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    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. 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).
    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, 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.
    5. Watanabe, Chihiro & Tou, Yuji & Neittaanmäki, Pekka, 2020. "Institutional systems inducing R&D in Amazon- the role of an investor surplus toward stakeholder capitalization," Technology in Society, Elsevier, vol. 63(C).
    6. Tou, Yuji & Watanabe, Chihiro & Neittaanmäki, Pekka, 2020. "Fusion of technology management and financing management - Amazon's transformative endeavor by orchestrating techno-financing systems," Technology in Society, Elsevier, vol. 60(C).
    7. 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).
    8. 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.
    9. 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.
    10. 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.
    11. Chen, Yueh H. & Lin, Winston T., 2009. "Analyzing the relationships between information technology, inputs substitution and national characteristics based on CES stochastic frontier production models," International Journal of Production Economics, Elsevier, vol. 120(2), pages 552-569, August.
    12. Zand, Fardad & Van Beers, Cees & Van Leeuwen, George, 2011. "Information technology, organizational change and firm productivity: A panel study of complementarity effects and clustering patterns in Manufacturing and Services," MPRA Paper 46469, University Library of Munich, Germany.
    13. Young Lee & Jeong Hun Oh & Hwan-Joo Seo, 2002. "Digital Divide and Growth Gap: A Cumulative Relationship," WIDER Working Paper Series DP2002-88, World Institute for Development Economic Research (UNU-WIDER).
    14. Ajoy Ketan Sarangi & Rudra Prakash Pradhan, 2020. "ICT infrastructure and economic growth: a critical assessment and some policy implications," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 47(4), pages 363-383, December.
    15. Watanabe, Chihiro & Akhtar, Waleed & Tou, Yuji & Neittaanmäki, Pekka, 2021. "Amazon's initiative transforming a non-contact society - Digital disruptionleads the way to stakeholder capitalization," Technology in Society, Elsevier, vol. 65(C).
    16. Concetta Castiglione, 2012. "Technical efficiency and ICT investment in Italian manufacturing firms," Applied Economics, Taylor & Francis Journals, vol. 44(14), pages 1749-1763, May.
    17. Ian Goldin & Pantelis Koutroumpis & François Lafond & Julian Winkler, 2024. "Why Is Productivity Slowing Down?," Journal of Economic Literature, American Economic Association, vol. 62(1), pages 196-268, March.
    18. Enoch, Marcus & Potter, Stephen, 2023. "MaaS (Mobility as a Service) market futures explored," Transport Policy, Elsevier, vol. 134(C), pages 31-40.
    19. Lal, K., 1999. "Information Technology and Exports: A Case Study of Indian Garments Manufacturing Enterprises," Discussion Papers 280137, University of Bonn, Center for Development Research (ZEF).
    20. Federico Biagi, 2013. "ICT and Productivity: A Review of the Literature," JRC Working Papers on Digital Economy 2013-09, Joint Research Centre.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:teinso:v:53:y:2018:i:c:p:23-46. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/technology-in-society .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.