scholarly journals The Influence of the Fourth Industrial Revolution on the Entrepreneur Leadership Attributes

Author(s):  
Ronnen Avny

Innovation, and especially innovation leadership, is a critical factor in enhancing a firm’s success in today’s changing markets. This research investigates changes in the entrepreneurial leadership attributes amid the fourth industrial revolution and how these changes relate to the fast pace of technology advancement. As part of the fourth industrial revolution, the barrier to introducing innovative technology has decreased due to the accessibility of high-end commercial capabilities, such as cloud computing, big-data capacities, open-source codes, and more, which reduce their need for in-house development. This research taps into the current academic knowledge gap and aims to understand how leadership traits (or attributes) may help fully exploit this significant revolution’s advantages and gain a competitive advantage over rivals. This paper also contributes to the knowledge of innovation study and entrepreneur leadership study. The research utilizes automated techniques of content analysis of published interviews and entrepreneurs’ biographies from recent years and the distant past. The results reveal that current entrepreneurs tend to be open-minded while avoiding rejecting innovation from other firms (avoiding “the not invented here” concept) and are willing to share the experience with the adjacent technology eco-system. The main conclusion of the research is that the entrepreneur in the current era should utilize the open innovation eco-system and gather the ingredients for innovation initiatives, and also have the ability to accurately seek the best offthe- shelf solution to use and integrate it while avoiding time- and budget-consuming development procedures.

Author(s):  
Kapila Fonseka ◽  
Dr. Adam Amril Jaharadak ◽  
Dr. Murali Raman ◽  
Dr. Isuri Roche Dharmaratne

With the onset of the fourth industrial revolution, technology has become a decisive part of human lives, and is used to speed up the processes of individuals and firms. The connected life employing the internet such as the adoption of e-commerce, which is an innovative technology adoption by firms as part of their business strategies is also one of the elements in the fourth industrial revolution, The successful innovative adoption is a critical task for any company and therefore, during the past few decades, the researchers have applied a few technological adoption models for their studies at the firm level.This paper aims to find-out the technological adoption models which were adopted by the researchers during the recent past for their technology adoption studies at a firm-level, especially on e-commerce adoption and implementation. Hence, this study focused on 50 empirical studies related to the technology adoption in different contexts within the past ten years and identified TOE and DOI theories, which are mostly applied or adopted by the researchers.


2021 ◽  
Vol 13 (2) ◽  
pp. 871
Author(s):  
Hyuk Chung

Firms have been undergoing a fundamental transformation of the Fourth Industrial Revolution, and the transformation is driven by the adoption and development of innovative technology such as big data or artificial intelligence. While the impacts of the Fourth Industrial Revolution technology on economic performance have been actively documented, Korean firm-level data indicates that still, the majority of firms have not yet utilized the Fourth Industrial Revolution technology. Hence, this study examines determinants and propensity for adopting and developing the Fourth Industrial Revolution technology. Probit model estimations show that size, internal R&D intensity, the ratio of intangible assets to the sum of intangible and tangible assets, and patent rights are positively associated with adopting and developing the innovative technology, while there are sectoral differences. Notably, a strategic alliance is the most substantial factor for the propensity of adopting and developing the Fourth Industrial Revolution technology. In sum, this study finds that not only internally accumulated intangibles and R&D investment but also active collaboration with other firms can facilitate diffusion of the Fourth Industrial Revolution technology. Therefore, building up the environment to prompt collaboration can be another effective way to accelerate transformation in addition to supporting R&D and intangible investment.


India is a developing and leading country in the field of technology. We are facing the fourth industrial revolution. In this era, technology advancement plays a crucial role in all the part of industries. In banking sectors also technology plays an important role. Due to the technology advancement traditional banking operations are changing to modern banking methodologies. One of the most important modern banking methods is Mobile Banking or M-Banking. This study attempts to fathom the customers’ perception towards M-Banking with reference to Chennai city. The aim of the study is to know the reasons for using M-Banking services by the respondents and to identify the level of awareness of the respondents. In the sample survey method, questionnaire technique is used to collect the primary data. The sample size is 60 banking customers in Chennai city. After analysing the data, it is observed that banks and government need to motivate and create awareness among the customers to widely use M-Banking services.


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