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The Role of Internet of Things, Knowledge Management, and Open Innovation in SME Sustainability

The Role of Internet of Things, Knowledge Management, and Open Innovation in SME Sustainability
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Author(s): Muhammad Imran (The Islamia University of Bahawalpur, Pakistan), Jawad Iqbal (The Islamia University of Bahawalpur, Pakistan)and Hassan Mujtaba Nawaz Saleem (The Islamia University of Bahawalpur, Pakistan)
Copyright: 2020
Pages: 9
Source title: Innovative Management and Business Practices in Asia
Source Author(s)/Editor(s): Patricia OrdoƱez de Pablos (The University of Oviedo, Spain), Xi Zhang (Tianjin University, China)and Kwok Tai Chui (The Open University of Hong Kong, Hong Kong)
DOI: 10.4018/978-1-7998-1566-2.ch015

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Abstract

The main objective of the chapter is to discuss the relationship between internet of things and knowledge management; knowledge management and open innovation; open innovation and SMEs sustainability. The relationship between the constructs developed and discuss on the behalf of past studies. The present chapter found that Internet of Things is playing an important role in knowledge generation and management, further, knowledge management is very important for open innovation environment in SMEs. Moreover, the open innovation sustains the SMEs performance. In respect of implications, the owner / managers of SMEs should consider the Internet of Things, knowledge management, and open innovation capabilities during the decision making for SME sustainability. Moreover, this is a process framework which brings the effect of one variable to other variables. However, the future studies should empirically validate the proposed research framework.

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