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The internet of things and corporate business models: A systematic literature review

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  • Palmaccio, Matteo
  • Dicuonzo, Grazia
  • Belyaeva, Zhanna S.

Abstract

The paper proposes a systematic literature review emphasising scholars’ view on the role of IoT in shaping and developing business models of companies. Providing a deep understanding of the state of the art, the paper drafts implications and valuable insights to address future research. A two-decade study of the connection of Internet of Things and business models has been investigated using Scopus and ISI web of science databases as leading sources to get access to the articles. The diffusion of Internet of things needs to be investigated along its implications for corporate business models, such as modifications in the production process, interaction with customers and in the identification of the corporate building blocks. This study provides for the first time a systematic connection among IoT and Business models towards the lens of business, management and accounting field, providing valuable implications, insights and emerging issues.

Suggested Citation

  • Palmaccio, Matteo & Dicuonzo, Grazia & Belyaeva, Zhanna S., 2021. "The internet of things and corporate business models: A systematic literature review," Journal of Business Research, Elsevier, vol. 131(C), pages 610-618.
    • Handle: RePEc:eee:jbrese:v:131:y:2021:i:c:p:610-618
    DOI: 10.1016/j.jbusres.2020.09.069
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    4. Kazemi, Maha Zadeh & Elamer, Ahmed A. & Theodosopoulos, Grigorios & Khatib, Saleh F.A., 2023. "Reinvigorating research on sustainability reporting in the construction industry: A systematic review and future research agenda," Journal of Business Research, Elsevier, vol. 167(C).
    5. Marta Negri & Alessandra Neri & Enrico Cagno & Gabriele Monfardini, 2021. "Circular Economy Performance Measurement in Manufacturing Firms: A Systematic Literature Review with Insights for Small and Medium Enterprises and New Adopters," Sustainability, MDPI, vol. 13(16), pages 1-27, August.
    6. Ferreira, João J. & Fernandes, Cristina I. & Guo, Ying & Rammal, Hussain G., 2022. "Knowledge worker mobility and knowledge management in MNEs: A bibliometric analysis and research agenda," Journal of Business Research, Elsevier, vol. 142(C), pages 464-475.
    7. Ya-Ting Chang & Ming-Kuen Chen & Yi-Chun Kung, 2022. "Evaluating a Business Ecosystem of Open Data Services Using the Fuzzy DEMATEL-AHP Approach," Sustainability, MDPI, vol. 14(13), pages 1-21, June.
    8. Dicuonzo, Grazia & Palmaccio, Matteo & Shini, Matilda, 2024. "ESG, governance variables and Fintech: An empirical analysis," Research in International Business and Finance, Elsevier, vol. 69(C).
    9. Mitsuhiro Fukuzawa & Ryosuke Sugie & Youngwon Park & Jin Shi, 2022. "An Exploratory Case Study on the Metrics and Performance of IoT Investment in Japanese Manufacturing Firms," Sustainability, MDPI, vol. 14(5), pages 1-21, February.
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