An Evolutionary Approach to Market Adoption of I-o-T

DOI

10.2991/icsd-16.2017.108How to use a DOI?

Keywords

Optimum distribution; Innovation ecosystem; Construction industry; Internet of things

Abstract

An evolutionary approach suggested in Alchian (1950) will be used to provide a new framework for understanding the emergence of the ecosystem of I-o-T in the construction industry. The framework entails a measure of buyers and sellers complementarity and the focus of how information in the industry are shared. The concept of Smart Construction Objects (SCO) is found useful in delineating the role of information in shaping the emergence of an ecosystem via the interplay of the optimum distributions of players.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Frank Lorne
PY  - 2016/12
DA  - 2016/12
TI  - An Evolutionary Approach to Market Adoption of I-o-T
BT  - Proceedings of the 2nd 2016 International Conference on Sustainable Development (ICSD 2016)
PB  - Atlantis Press
SP  - 495
EP  - 497
SN  - 2352-5401
UR  - https://doi.org/10.2991/icsd-16.2017.108
DO  - 10.2991/icsd-16.2017.108
ID  - Lorne2016/12
ER  -