Print Email Facebook Twitter The Internet of Everything Smart things and their impact on business models Title The Internet of Everything Smart things and their impact on business models Author Langley, D.J. van Doorn, J. Ng, I.C.L. Stieglitz, S. Lazovik, A. Boonstra, A. Publication year 2021 Abstract The internet of everything (IoE), connecting people, organizations and smart things, promises to fundamentally change how we live, work and interact, and it may redefine a wide range of industry sectors. This conceptual paper aims to develop a vision of how the IoE may alter business models and the ways in which individuals and organizations create value. We review literature on networked business models and service ecosystems, and show that a clearer understanding is needed of how the IoE will impact on the ways that organizations go about their business at the micro, meso and macro levels. Combining this with an inductive, vignette-based approach, we present a new taxonomy of smart things based on their capabilities and their connectivity. We derive their implications for business models and conclude the paper with propositions that form a research agenda for business researchers. Subject Artificial intelligenceNetworked business modelsService-dominant logicValue creation To reference this document use: http://resolver.tudelft.nl/uuid:3b101e2c-bc1b-4e59-beb7-8231a53c2946 TNO identifier 946588 Publisher Elsevier Inc. ISSN 0148-2963 Source Journal of Business Research, 122 (122), 853-863 Document type article Files To receive the publication files, please send an e-mail request to TNO Library.