A conceptual model of entrepreneurial competencies needed to utilise technologies of Industry 4.0

Abstract

<jats:p> The Fourth Industrial Revolution, also known as Industry 4.0 (I4), has provided an unprecedented platform for innovation in various spheres. For entrepreneurs then, who are known to drive innovation and progress in various fields, I4 offers a wide scope of opportunities. The purpose of this article is to provide a conceptual model of needed entrepreneurial competencies to effectively utilise novel technologies I4 has to offer. To develop the model, this exploratory study adopts an action research approach. Using predefined questions developed from previous literature, a representative sample was obtained from 17 in-depth interviews with entrepreneurs. From the data analyses, where machine learning technologies were used, it was found that to respond and navigate the layers of I4 technologies and enable new possibilities, entrepreneurs require certain competencies in this globally connected and technology-fuelled world. This article advances entrepreneurial research as it provides a platform to guide and support their development, which has been a key focus area both internationally and in South Africa, to address one of the key sustainable development goals, economic growth. Despite this contribution, further investigation is required on how to develop these competencies through supportive mechanisms and corresponding education relating to I4. </jats:p>

Diagnosis of the Maturity Level of Implementing Industry 4.0 Solutions in Selected Functional Areas of Management of Automotive Companies in Poland

“…A systematic review of Industry 4.0 technologies developed for sustainability is presented by [88,89]. Researchers also show that still, many manufacturing companies do not identify and evaluate the environmental value of their technologies [15,90,91].…”

Recursos Humanos Na Era Da Quarta Revolução Industrial: Revisão Sistemática Da Literatura Sobre Competências Para a Indústria 4.0

“…Para além destes artigos mais genéricos, outros se podem encontrar que procuram um estudo mais pormenorizado com objetivos mais específicos, como sejam aqueles que procuram estudar as competências necessárias em algum setor de negócio (I Arcelay et al, 2021;Bruzzi et al, 2021;Kwiotkowska et al, 2021;Lenarčič, 2019;Peña-Jimenez et al, 2021;Santoso et al, 2020;Wang & Ha-Brookshire, 2018), em determinadas funções ou níveis hierárquicos (Mazurchenko & Maršíková, 2019;Spöttl & Windelband, 2021;Uys & Webber-Youngman, 2019), ou mais especificamente em alguma profissão (Liszka et al, 2019;Whisper Maisiri et al, 2019;Santos et al, 2021;Venter et al, 2019). Entre as publicações deste conjunto existem também aquelas que, para além de identificarem as competências para a Indústria 4.0, focam também outros desenvolvimentos, como uma publicação que procura identificar aspetos estratégicos para o desenvolvimento de competências para a indústria 4.0 (Saari et al, 2021), uma outra que procura estabelecer relações entre diversos tipos de competências (Kruger & Steyn, 2021), e um estudo de caso que analisa ações de empresas para a identificação de competências relevantes (Cimini et al, 2021).…”

Achieving superior performance in international markets: the roles of organizational agility and absorptive capacity

“…Due to the potential influence of Industry 4.0, recent literature highlighted the importance of understanding and applying the core technologies of Industry 4.0 (Kruger and Steyn, 2021; Mubarak and Petraite, 2020). Especially most literature heavily focused on the effect of adopting key technologies in manufacturing or supply chain disciplines, including advanced manufacturing technologies (AMT), AI, IoT, big data, robotics (Agostini and Filippini, 2019; Agostini and Nosella, 2019; Chalmers et al , 2020; Dalenogare et al , 2018; Raj et al , 2020; Strange and Zucchella, 2017).…”