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Towards a theoretical framework of strategic decision, supporting capability and information sharing under the context of Internet of Things

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Abstract

The effective strategy of Internet of Things (IoT) can help firms to grasp the emerging opportunities from the IoT and then improve their competitive advantage. In this article, based on organizational capability perspective, we provide a theoretical framework which classifies IoT strategies into four archetypes from two dimensions of managers’ strategic intent and industrial driving force, and propose that market-based exploratory capabilities play a more important role for firms adopting get-ahead strategy, and market-based exploitative capabilities play a more important role for firms adopting catch-up strategy in market. The technology-based exploratory capabilities play a more important role for firms adopting get-ahead strategy in technology, and technology-based exploitative capabilities play a more important role for firms adopting catch-up strategy in technology. Especially, external industry information sharing more efficiently contributes to the enhancement of both market-based and technology-based exploratory capabilities, and internal industry information sharing more efficiently contributes to the enhancement of both market-based and technology-based exploitative capabilities.

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Acknowledgments

We thank both Guest Editors for their excellent editorial guidance and two reviewers for their constructive comments. This article is supported by Natural Science Foundation of China (NSFC: 71132006).

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Authors and Affiliations

  1. Antai College of Economics and Management, Shanghai Jiao Tong University, Shanghai, 200052, China

    Yuan Li & Yi Liu

  2. School of Management, Xi’an Jiaotong University, Xi’an, 710049, Shaanxi, China

    Mingjun Hou

  3. Lingnan College, Sun Yat-sen University, Guangzhou, 510275, Guangdong, China

    Heng Liu

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  1. Yuan Li
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  4. Yi Liu
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Correspondence to Yuan Li.

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Li, Y., Hou, M., Liu, H. et al. Towards a theoretical framework of strategic decision, supporting capability and information sharing under the context of Internet of Things. Inf Technol Manag 13, 205–216 (2012). https://doi.org/10.1007/s10799-012-0121-1

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