ABSTRACT. The paper aims to analyze and discuss the implementation of the industrial internet, the Industrial Internet of Things (IIoT) as an instrument to impel internal competitiveness and economic growth, and intrinsic tendencies impacting the Internet of Things (IoT) ecosystem. The overall results provide strong evidence for the IIoT’s capacity to determine economic growth, the consequences and soundness of the IIoT’s economic expansion, and the upshot of utilizing IoT technologies in outstanding economic spheres. pp. 86–91
JEL codes: L86; O14; Q57
Keywords: Industrial Internet of Things; economic growth; technology
How to cite: Popescu, Gheorghe H. (2015), “The Economic Value of the Industrial Internet of Things,” Journal of Self-Governance and Management Economics 3(2): 86–91.