Empirical Analysis of Innovation Ecosystems in Advancement of the Internet of Things (IoT)

Digitalization of businesses and advancement of the Internet of Things (IoT) in the global economy have transformed the current industrial structure and competitive environment of traditional industries. As a response to such trend, Japanese firms must shift their strategic focus from "product-based innovation" to "solution provision" to customers. In addition, such strategic shift requires firms to take ecosystem-based actions, instead of an in-house development model. In this research project, we will conduct conceptualization of innovation in the digital economy to measure its advancement, database development, and empirical studies of innovation ecosystems in order to provide scientific evidence in innovation policy discussions.

May 1, 2017 - March 31, 2019