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7 - Digital Entrepreneurship and the Internet of Things (IoT)

from Part II - Digital Business Systems

Published online by Cambridge University Press:  16 December 2021

Vincenzo Morabito
Vincenzo Morabito
Affiliation:
Università Commerciale Luigi Bocconi, Milan
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Summary

The Internet of Things (IoT) plays a vital role in the implementation and success of digital entrepreneurship. The IoT refers to the interconnection of smart devices, physical devices, buildings as well as other objects and devices that have inherent software, electronics, actuators, network connectivity and sensors that make it possible for these objects and devices to exchange and collect data. The use of the IoT for entrepreneurship can bring about a level playing field in various sectors of the economy in which opportunities such as working remotely at any time and on-the-go are created. This chapter gives a clear understanding of the IoT, its advantages for digital entrepreneurship as well as its potential future.

Keywords

digital entrepreneurshipInternet of ThingsIndustry 4.0smart production systemscase studies
Type
Chapter
Information
Digital Entrepreneurship
Management, Systems and Practice
 , pp. 135 - 149
Publisher: Cambridge University Press
Print publication year: 2022

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