2019
DOI: 10.1016/j.procs.2019.09.123
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The Measurement of Industry 4.0 Performance through Industry 4.0 Index: An Empirical Investigation for Turkey and European Countries

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Cited by 25 publications
(15 citation statements)
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“…However, although "performance 4.0" management has been widely handled in recent literature, there is still no clarity in the definition of the paradigm or its evolution. Frameworks dealing with the digitalisation contribution to the global performance have been proposed [42][43][44][45]. Performance 4.0 is either considered through the impact of the use of the technologies on the global performance: "Firms' performance is measured in terms of the absolute number of opportunities perceived by firms when adopting Industry 4.0 technologies" [46] or the maturity of the system to integrate those technologies [47].…”
Section: From a Historical To A Modern Vision Of Performancementioning
confidence: 99%
“…However, although "performance 4.0" management has been widely handled in recent literature, there is still no clarity in the definition of the paradigm or its evolution. Frameworks dealing with the digitalisation contribution to the global performance have been proposed [42][43][44][45]. Performance 4.0 is either considered through the impact of the use of the technologies on the global performance: "Firms' performance is measured in terms of the absolute number of opportunities perceived by firms when adopting Industry 4.0 technologies" [46] or the maturity of the system to integrate those technologies [47].…”
Section: From a Historical To A Modern Vision Of Performancementioning
confidence: 99%
“…This index has been computed using the methodology of the World Economic Forum, and the approach has also been used by e.g. Atik & Ünlü (2019). Basically, secondary indicators are used to calculate the new indicator, while the basic formula has the following form:…”
Section: Methodology and Datamentioning
confidence: 99%
“…Thus is the value of the selected statistical indicator I for the given state n in time t. Min ( ) represents the minimum statistical indicator and the value in sample n and, analogically, max ( ) represents the maximum value. Contrary to Atik & Ünlü (2019) calculation of the Industry 4.0 relative performance index is wider; these aforementioned authors have focused only on statistics concerning the integration of internal processes. Selected indicators in this study attempt to encompass three progresses that are linked to Industry 4.0 (see Almada-Lobo, 2015;Schlechtendahl et al, 2015).…”
Section: Methodology and Datamentioning
confidence: 99%
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“…In terms of technological developments, the intake of several technologies that are considered in European industrial strategy until 2020 as key technologies were extremely low in the Slovenian manufacturing companies [ 70 ]. Slovenia was also named as a traditionalist when it comes to the readiness of the countries towards Industry 4.0 [ 71 ]. Nevertheless, empirical evidence undertaken by Hojnik and Ruzzier [ 72 ] highlighted that competitive pressure was the most influential driving force of eco-innovation process, followed by managerial environmental concern and customer demand in Slovenia.…”
Section: Energy Efficiency: a Case Study Of Sloveniamentioning
confidence: 99%