Mapping the values of IoT

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Title: Mapping the values of IoT
Author(s): Nicolescu, R
Huth, MRA
Radanliev, P
De Roure, D
Item Type: Journal Article
Abstract: We investigate the emerging meanings of “value” associated with the Internet of Things. Given the current political economy, we argue that the multiple meanings of “value” cannot be reduced to a single domain or discipline, but rather they are invariably articulated at the juxtaposition of three domains: social, economic, and technical. We analyse each of these domains and present domain challenges and cross-domain implications – drawing from an interdisciplinary literature review and gap analysis across sources from academia, business, and governments. We propose a functional model that aggregates these findings into a value-driven logic of the emerging global political economy enabled by digital technology in general and IoT in particular. These conceptual contributions highlight the critical need for an interdisciplinary understanding of the meaning of “value”, so that IoT services and products will create and sustain such concurrent meanings during their entire lifecycle, from design to consumption and retirement or recycling.
Publication Date: 1-Dec-2018
Date of Acceptance: 20-Feb-2018
ISSN: 0268-3962
Publisher: Palgrave Macmillan
Start Page: 345
End Page: 360
Journal / Book Title: Journal of Information Technology
Volume: 33
Issue: 4
Sponsor/Funder: Engineering & Physical Science Research Council (E
Engineering & Physical Science Research Council (E
Funder's Grant Number: EP/N023242/1
Copyright Statement: © Association for Information Technology Trust 2018. This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (, which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Keywords: 08 Information And Computing Sciences
15 Commerce, Management, Tourism And Services
17 Psychology And Cognitive Sciences
Information Systems
Publication Status: Published
Online Publication Date: 2018-03-26
Appears in Collections:Faculty of Engineering

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