Internet of Things and Co-creation of Value

This paper introduces a discussion and a conceptual model on value creation considering the concept of the Internet of Things. It is proposed that value creation occurs in different layers that take advantage of the development of the Internet of Things. The three parts are based on manufacturing, s...

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Main Author: Mejtoft, T.
Format: Conference Proceeding
Language:English
Subjects:
co-creation
Industries
Internet
internet of things
Manufacturing
Media
Organizations
Presses
value
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creator Mejtoft, T.
description This paper introduces a discussion and a conceptual model on value creation considering the concept of the Internet of Things. It is proposed that value creation occurs in different layers that take advantage of the development of the Internet of Things. The three parts are based on manufacturing, supporting and co-creative behavior of things. These parts of value creation are not mutually exclusive and value creation can, and should, coexist in all these layers. Hence, for different phases in the development, firms and situations, the layers fit differently into a value creation process.
doi_str_mv 10.1109/iThings/CPSCom.2011.75
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identifier ISBN: 9781457719769
ispartof 2011 International Conference on Internet of Things and 4th International Conference on Cyber, Physical and Social Computing, 2011, p.672-677
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language eng
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source IEEE Electronic Library (IEL) Conference Proceedings
subjects co-creation
Industries
Internet
internet of things
Manufacturing
Media
Organizations
Presses
value
title Internet of Things and Co-creation of Value
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