دانلود رایگان مقاله انگلیسی تأثیر اجرای اینترنت اشیا در عملکرد شرکت - الزویر 2018

Abstract

Recently, the Internet of things (IoT) has become most popular topic in various industries. For enterprises, IoT is not just the biggest buzz word but a developing trend, a proven strategy, and an innovative technology. Enterprises conducting IoT reach a turning point, but might also face diverse challenges related to technical or managerial aspects. Various challenges will be encountered, depending on different perspectives, i.e. the industry’s first movers or second movers. Therefore, the impact of implementing conducting IoT will also vary. Previous studies have only focused on background technologies of IoT and applications. Meanwhile, no studies have discussed the impact of IoT implementation on firm performance. This study attempts to fill this gap. From the internal perspective, we want to comprehend the view of managers or shareholders to explore performance after enterprises have adopted IoT. In order to measure such practices have positive impacts on enterprises’ financial performance, this study adopts three approaches to estimate the performance of IoT implementation vis-à-vis financial performance, productivity, and market value. We collected secondary data to perform a quantitative analysis with three dummy variables, including IoT adopters, first movers, and better performers. We hope to provide a complete reference to enterprises through different indicators, which will facilitate assessment of enterprises’ implementation of IoT and also provide a more in-depth understanding of the impact of IoT.

6. Conclusion and Implication

According to the established framework of performance analysis, we investigate the impact of IoT implementation on firm performance. The findings, implications, and limitations of this study are offered below. We also provide suggestions for future research and conclusions.

6.1. Summary of results

Basically, the majority of results reveal the positive impacts IoT investments. First of all, our study confirms that IoT implementation has a positive impact on firms’ Tobin’s q and financial performance. In particular, it enhances return on assets (ROA). We discuss the details as follows.

(1) Consideration of IoT implementation As expected, across a variety of measurements, the results indicate that IoT adopters have higher performance and market value than do non-IoT adopters. Although the results show that IoT implementation provides a positive impact on productivity performance, the intensity of support is not as strong as those of financial performance and market value. This means that the consistency of productivity should be considered as companies attempt to implement IoT technologies.

(2) Consideration of first movers First movers have to take a higher risk and pay more attention to IoT-related investment, compared with second movers. On the other hand, first movers have pioneering advantages that go along with early implementation of IoT technologies, especially in profitability, productivity, and labor productivity. First movers also show great ability to allocate resources and labor