The Study On The Key Impact Factors For The Development Of The Internet Of Things Industry

The Internet of Things (IOT) is called the third revolution of the informationindustry following computers and the Internet. It will have a significant impact onsocial and economic development，and it is an important source of economic growth.Therefore, it is necessary to study the key development factors of China’s Internet ofThings, so that the IOT industry stakeholders to develop a reasonable plan andmeasures.Our research about IOT industry is mostly in the area of technology, and aboutthe point of management or economics is fewer. This article is just from theperspective of economic management, empirical research on the key factors for theindustrial development of China’s Internet of Things.First of all, through the review and analysis of the research which are bothdomestic and foreign experts and scholars on IOT to determine the content andframework of the study. And9factors from the level of economic development,social development level, the government, legal, market, human capital, standard,enterprise and technology are establishde as a system of indicators of thedevelopment of China’s Internet of Things industry.Secondly, we use SPSS software to analyze each impact factors which can measurethe difference anout the degree of each influence factors. In fact, the certificate partinclude:(1) through the pre-survey analysis, we fix the set of initial indicators of thisarticle, and delete an assumption of the level of social development, the remaining8impact factors and assumptions enter the further research analysis.(2) through the testof reliability and validity，we verify the reliability of the questionnaire, and theeffectiveness and the feasibility of subsequent empirical research.(3) through thefactor analysis，we verify the match between the eight-level indicators of the impactfactors and41specific indicators. Eight key factor extracted for subsequent analysis,to simplify the process of data analysis.(4) through the correlation analysis，weprove that a positive correlation between the eight factors and industrial developmentof IOT, and verify the proposed eight hypotheses.(5) the results of the regressionanalysis show that5of the proposed eight hypotheses pass the validation, which isthe key factors affecting the development of China’s IOT industrial,.The ultimately5 factors are the government, market, standards, enterprises and technology, while theremaining three factors: the level of economic development, legal and human capitalfor is not significant, that is not the key influencing factors.Finally, based on the empirical results of the study, we put forward specificproposals from the five key factors of the IOT industrial, and then pointed out theinadequacies of this article and research prospects.