Potential impacts of national absorptive capacity in internet of things to socio-economic aspects in some countries and lessons for Vietnam

Authors

  • Bach Tan Sinh
  • Duong Khanh Duong

Keywords:

National absorptive capacity, Technological and economic spillover, Industrial IoT

Abstract

From study of experience of some countries in determination of potential impacts of national absorptive capacity in Internet of Things (IoT) to socio-economic aspects, particularly to contributions to national GDP growth, as well as some international studies on the nature of national absorptive capacity and the linkage between this capacity and the extent of socio-economic impacts and its spillover effects, the paper will present the proposal of the research team on the project of analysis frame of national absorptive capacity in IoT of Vietnam in compatibility to socio-economic development and particularly in context of transition of economic structure to market mechanisms and international integration. Also, the paper provides some initial recommendations for policies to enhance the national absorptive capacity in IoT of Vietnam.

Code: 18121401

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References

1. World Bank. 2010. Innovation Policy - A Guide for Developing Countries.
2. Shanzhi, Chen at.al. 2014. “A Vision of IoT: Applications, Challenges, and Opportunities with China Perspective”. IEEE Internet of Things Journal, Vol.1, No.4, August 2014 (pages 349-359).
3. Purday, M. 2014. How to ensure that the Industrial Internet of Thingsdelivers on its promises. Accenture. Outlook.
4. Purdy, M và Davarzani, L., 2015. The Growth Game-Changer: How the Industrial Internet of Things can drive progress and prosperity.
5. Frontier-economics, 2018. The Economic Impact of IoT - PUTTING NUMBERS ON A REVOLUTIONARY TECHNOLOGY
6. Miraz, M., Ali, M., Exell, P. and Picking, R, 2018. Internet of Nano-Things, Things and Everything: Future Growth Trends. Future Internet. MDPI. July 2018.

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Published

08-01-2019

How to Cite

Sinh, B. T., & Duong, D. K. (2019). Potential impacts of national absorptive capacity in internet of things to socio-economic aspects in some countries and lessons for Vietnam. Journal SCIENCE AND TECHNOLOGY POLICIES AND MANAGEMENT, 7(4), 52–68. Retrieved from https://vietnamstijournal.net/index.php/JSTPM/article/view/283

Issue

Vol. 7 No. 4 (2018)

Section

STUDIES OF STRATEGIES AND MANAGEMENT

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