Development of a Theoretical Model for Digital Risks Arising from the Implementation of Industry 4.0 (TMR-I4.0)

Abstract

This study aims to develop a theoretical model for digital risks arising from implementing Industry 4.0 (represented by the acronym TMR-I4.0). A systematic literature review was initially conducted using the Methodi Ordinatio methodology to map the principal dimensions and digital risks associated with Industry 4.0 in order to achieve this objective. After completing the nine steps of Methodi, a bibliographic portfolio with 118 articles was obtained. These articles were then subjected to content analysis using QSR Nvivo® version 10 software to categorize digital risks. The analysis resulted in the identification of 9 dimensions and 43 digital risks. The categorization of these risks allowed the construction of maps showing the digital risks and their impacts resulting from the implementation of Industry 4.0. This study advances the literature by proposing a comprehensive categorization of digital risks associated with Industry 4.0, which resulted from an exhaustive literature review. At the conclusion of the study, based on the proposed Theoretical Risk Model for Digital Risks arising from the implementation of Industry 4.0, a research agenda for future studies will be proposed, enabling other researchers to further explore the landscape of digital risks in Industry 4.0.