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Opportunities and Threats from Implementing Internet of Things

Author

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  • Luben Boyanov

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

The present paper offers an extract of the results from the university research project named “Creation of platforms for the research of Internet of Things application approaches”. It researches the application areas of Internet of Things (IoT), the main factors and players in it. The process of the creation of a platform for IoT research and education is described. Opportunities for the application of educational processes with IoT – “smart education” – are presented. The environment and methodology, where students and lecturers can experiment and develop skills and techniques are described. An assessment of the development and the tendencies during the last few years is also made. The threats in IoT are also reviewed and the expected development, including economic benefits, in the future of this new technological realm, is given.

Suggested Citation

  • Luben Boyanov, 2018. "Opportunities and Threats from Implementing Internet of Things," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 114-120, April.
  • Handle: RePEc:nwe:iisabg:y:2018:i:2:p:114-120
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    More about this item

    Keywords

    Internet of things; education; smart objects; economic development; cyberthreats;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • I20 - Health, Education, and Welfare - - Education - - - General
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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