The dark corners of industry 4.0 – Grounding economic governance 2.0

Kovács, Olivér

doi:10.1016/j.techsoc.2018.07.009

Cited by 103 publications

(73 citation statements)

References 8 publications

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“…Schröder et al [18] leaves an open question, whether it is even worth implementing I4.0, especially for SMEs, despite the consensus we find among authors describing reduced costs and more efficient processes and environment as a consequence of I4.0. We argue that such dynamics within the industries should be examined deeply, and various elements of sustainable development, not only the economic point of view, should be evaluated [19,20]. The opposite to mentioned cost-saving and cost-reducing is initial need of significant financial expenditures, that are in many occasions out of reach for companies, especially SMEs.…”

Section: Introductionmentioning

confidence: 99%

Industry 4.0—Awareness in South India

et al. 2020

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Industry 4.0 (I4.0) approaches, frameworks, and technologies have gained an increasing relevance in order to gain sustainable and competitive advantages for industrial enterprises and for small and medium enterprises (SMEs), as well. Contrary to previous studies, which are mainly focused on companies, we conducted a questionnaire-based survey on inhabitants, in an attempt to examine general awareness about I4.0 concepts, in the region of South India. Our findings revealed a rather poor informational level of I4.0 concept and its components, which consequently leads to inadequate future actions and expectations. Moreover, respondents with prior information about I4.0 framework tend to have rather positive opinions and expectations of possible future trends. We emphasize that insufficient knowledge of the potential workforce regarding I4.0 concepts, especially in a region with ascending demographic development, can be considered as one of the main barriers for a successful and sustainable future development towards the 4th industrial revolution.

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Section: Introductionmentioning

confidence: 99%

Industry 4.0—Awareness in South India

et al. 2020

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“…The Fourth Industrial Revolution has drawn considerable attention from the academic sector as a new trend towards automation, and a positive response to address feeble growth of emerging industries (30). The healthcare schools of the future are predicted to use advanced technology that has the potent to disrupt existing?…”

Section: Health Science Educationmentioning

confidence: 99%

Research, Technology, Education & Scholarship in the Fourth Industrial Revolution [4IR] : Influences in Nursing and the Health Sciences

Diño

Ong

2019

J. Med. Invest.

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“…According to Klimova et al (2018), some segments of the population are not ready to use new technologies. Kovacs (2018) highlights the negative consequences of the transition to Industry 4.0, such as cybersecurity issues, less attention to qualitative than quantitative indicators, and the transformation of labour and investment markets.…”

Section: Previous Researchmentioning

confidence: 99%

Some Approaches to Evaluation Macroeconomic Efficiency of Digitalisation

Stremousova

Buchinskaia

2019

Business, Management and Education

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Purpose – the purpose of the article is to study the effect of digitalisation development indicators on per-capita GDP growth. Research methodology – the basic research method is the fixed-effects panel regression that describes the effect of the digitalisation development indicators on per-capita GDP between 1999 and 2017. Findings – research showed the most critical factors for per-capita GDP growth are the ones that linked with fixed and mobile subscriptions. Research limitations – The limitations of the research stem from the limitations of analysis as the method that has been employed makes it possible to measure the effect of the selected variables on per-capita GDP, but further research requires a detailed analysis of the factors being studied in application to each country. Practical implications – The findings can be used as a basis for choosing areas of more detailed factor analysis of the digitalisation process effectiveness and can support investment decision-making. Originality/Value – The study enables one to identify the most and the least important factors that are reflected by digitalisation indicators that have an impact on the per-capita GDP.

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The dark corners of industry 4.0 – Grounding economic governance 2.0

Cited by 103 publications

References 8 publications

Industry 4.0—Awareness in South India

Industry 4.0—Awareness in South India

Research, Technology, Education & Scholarship in the Fourth Industrial Revolution [4IR] : Influences in Nursing and the Health Sciences

Some Approaches to Evaluation Macroeconomic Efficiency of Digitalisation

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