Internet-of-things as a Playground for Participatory Innovation and Business Potentials in Complex Modern Economies

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    Abstrakt

    The Internet and the Web are evolving embracing semantics and pragmatics of data, information and knowledge. Part of this evolution is Internet-of-Things (IoT) in various forms. This includes design principles based on the original idea of the Internet and the Web: free of charge, bottom-up approach, self-organizing and co-creation. In this paper we will unfold how it is possible to
    use the IoT as a playground in a digital and social development, where the traditional simple dichotomy between state and market description of economies is challenged by the complexity of new institutional economies, transaction cost theories, commons based peer-production and governance of common pool resources. By using these new economies we envision that Participatory Innovation and Business Opportunity should take place in polycentric units of relations, where production, exchange and consumption of IoT resources are ‘designed’ based on selforganizing principles. We identify and combine four approaches to each of these three relations. Together they provide a diversity of 64 potentials for participatory innovation and business potentials in producing,
    exchanging and consuming IoT resources.
    OriginalsprogEngelsk
    Publikationsdato2015
    Antal sider6
    StatusUdgivet - 2015
    BegivenhedParticipatory Innovation Conference. PIN-C 2015 - The Hague University of Applied Sciences, Hague, Holland
    Varighed: 18 maj 201520 maj 2015
    Konferencens nummer: 4
    http://sites.thehagueuniversity.com/pinc2015

    Konference

    KonferenceParticipatory Innovation Conference. PIN-C 2015
    Nummer4
    LokationThe Hague University of Applied Sciences
    LandHolland
    ByHague
    Periode18/05/201520/05/2015
    Internetadresse

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