scholarly journals INDUSTRY 4.0 - DEVELOPMENT AND CONSEQUENCES FOR SUSTAINABLE DEVELOPMENT OF BULGARIA

Author(s):  
Neli Nikolova

The report presents analytical information about the state of play of the processes of the Fourth Industrial Revolution in different areas of the Bulgarian economy and industry. Based on a survey conducted in Bulgarian SMEs, the respondents' idea of the challenges and obstacles faced by company guides in its implementation in production, digital education, qualification and training in the course of the work is summarized. Data from a survey on key skills and competences needed to work in digitalization conditions have been released. Recommendations and sample applications have been formulated to ensure a successful symbiosis of Industry 4.0 with Industry 5.0. 

2019 ◽  
Vol 20 ◽  
pp. 137-145 ◽  
Author(s):  
Lucia Kohnová ◽  
Ján Papula ◽  
Nikola Salajová

Radical changes resulting from the Fourth Industrial Revolution strongly affect industrialized European countries. In particular, due to the new technologies that are characteristic of Industry 4.0, it will be essential for companies to make the necessary changes and achieve competitiveness through the implementation of these technologies. In order for companies to be able to make radical changes and innovations, they need to secure all the supporting areas in their organization. This research paper is focused on comparison of companies from Slovakia, Czech Republic, Austria, Germany and Switzerland in the context of readiness for Industry 4.0. This research was part of a research project, while data were collected in the period of 2015–2016. We have analysed companies from selected countries based on 7 areas which are closely interconnected with the business transformation and technology transformation coming from Industry 4.0. The main analysed questions focused on areas such as employee education and training, organizational culture, strategy, or organizational processes, that will be most affected by radical changes in the environment. Research has highlighted the differences between countries as a result of long-standing cultural differences, but at the same time identified the unified influence of the ongoing global debate on the need for technological innovation. With Slovak and Czech companies being below stronger innovators in the maturity of education systems, we strongly advise considering partnering in education which can bring valuable information to businesses that want to take on the wave of innovation.


2020 ◽  
Vol 13 (10) ◽  
pp. 224
Author(s):  
Quan-Hoang Vuong

Enterprises and entrepreneurs in emerging economies face a different set of opportunities and challenges from the fourth industrial revolution, Industry 4.0. This volume comprises a number of analyses on entrepreneurial finance with a focus on the emerging markets, covering topics such as debt financing, stock market efficiency, resource consumption, and sustainable development.


2020 ◽  
Vol 4 (2) ◽  
pp. 45-60 ◽  
Author(s):  
Andrija Popović

We are at the cusp of the Fourth Industrial Revolution, and its implications on the society are far-reaching. The purpose of this paper is to give a comprehensive overview of the implications that Industry 4.0 has on the Sustainable Development Goals from the UN Agenda 2030, based on the review and the analysis of the available literature. The paper is structured to give an insight into the basic concepts of Industry 4.0 and Sustainable Development, then moves through the implications of new technologies on the Sustainable Development Goals, and finally, points out the areas that need to be addressed by policymakers. This paper just tapped into the potentials and issues that the Fourth Industrial Revolution brings while leaving the room for in-depth research of any of the analyzed areas.


2021 ◽  
Vol 32 (5) ◽  
pp. 422-432
Author(s):  
Antonio Guerrero González ◽  
Daniel Robles Quiñonero ◽  
Samuel Fraile Vega

This work analyzes how the so-called Industry 4.0 technologies are being implemented in companies in the Region of Murcia, in Southeastern Spain. The objective was to determine through questionnaires and face-to-face interviews the current state of 4.0 technologies in Murcia, including additional data of the companies, such as age, number of employees and turnover. Most types of companies in the Region were represented in terms of size, age, turnover, profits and profitability. This study analyzes the relationship between the degree of implementation of 4.0 technologies, investment and training of workers, with companies’ seniority, number of employees, turnover, profits and profitability. The results obtained are significantly higher in companies with higher turnover, profits and profitability, which in turn, have the best levels of investment and training of their workers in 4.0 technologies. The opinions of the companies determined the factors that drove the companies to implement these technologies, the factors perceived as barriers, the opportunities in the current context that encourage the adoption of technologies, as well as the threats that may jeopardize their progress in digital transformation. The conclusions obtained can be taken into account in regional policies that implement appropriate actions to help drive the fourth industrial revolution in the region.


2022 ◽  
Author(s):  
Universitätsbibliothek Braunschweig

The advent of the fourth industrial revolution, Industry 4.0, brings about both opportunities and challenges that are likely to set developed economies even farther apart from emerging economies. This book, through the perspective of researchers in the emerging markets, presents analyses on a number of issues important to entrepreneurial finance, such as debt financing, mergers and acquisitions, stock market efficiency, resource allocation and consumption, and sustainable development.


2020 ◽  
Vol 12 (20) ◽  
pp. 8497
Author(s):  
Vasja Roblek ◽  
Oshane Thorpe ◽  
Mirjana Pejic Bach ◽  
Andrej Jerman ◽  
Maja Meško

(1) Background: The article provides a methodologically coherent analysis of technological development in the context of the fourth industrial revolution or Industry 4.0 and its impact on changes in sustainable development policy. (2) Methods: Using a Comparative Automated Content Analysis (ACA) approach, the article compares recent scientific work on sustainable development and the fourth industrial revolution with the discourse in the news media on sustainable development and industry 4.0. (3) Results: The scientific literature focuses more on changes in business models, production processes, and technologies that enable sustainable development. Newspaper and magazine articles write more about sustainable or green investments, sustainable standards, and sustainable reporting. The focus is on topics that are directly relevant to current sustainable business development and the promotion of research and development of clean and smart technologies and processes. (4) Conclusions: The ACA allows a more systematic comparison of different data sources. The article provides a starting point for sustainable development professionals to gain useful insights into a specific context with the help of the ACA.


Author(s):  
Nataliia Svishchova

The article provides an systematic analysis of the development of innovative technologies during the first, second, third and fourth industrial revolutions. The stages of industrialization, from the introduction of mechanical production equipment to digitalization and automation, to "Industry 4.0" with the establishment of links between all stakeholders. The essence of Industry 4.0 (the fourth industrial revolution) is defined. Two views on the influence of intellectual property on the development of industrial revolutions are considered: as those that led to a series of changes in all sectors of the economy and the spread of new patents and designs, and one that points to the shortcomings of patenting as a monopolistic deterrent to development and enforcement industrial revolutions. The conclusion on the influence of intellectual property on the development of industrial revolutions is stated. An analysis of the state and stages, achievements of industrial revolutions in Ukraine is given.


2019 ◽  
pp. 134-152
Author(s):  
Hoa Tran Thi Van ◽  
Dong Do Thi

This research investigates Vietnamese students’ awareness of the Fourth Industrial Revolution also called Industry 4.0. The study used a questionnaire survey and in-depth interviews. Research results from 443 Vietnamese students in Hanoi and Ho Chi Minh City show that students’ awareness of the revolution and capabilities need to improve. Based on data analysis, recommendations are given to education and training institutions in order to create a skilled and qualified human resource. Key recommendations are about promoting students’ awareness of Industry 4.0 through communication, improving students’ IT skills, focusing on English training, improving teachers’ capabilities and enhancing cooperation between training institutions and organizations.


Author(s):  
A. L. Lisovsky

The influence of technologies of the Industry 4.0 on optimization business processes of the industrial companies for achievement of a sustainable development is analyzed. Effects of the changes caused by technologies of the Industry of 4.0 in the Russian and foreign companies are considered. It is shown that achievement of a sustainable development is impossible without the process innovations caused by introduction of new technologies. The algorithm of carrying out audit and an assessment of the new technologies “business processes” most ready to introduction is offered for their introduction..


2022 ◽  
Author(s):  
Bui Quang Khiem

The advent of the fourth industrial revolution, Industry 4.0, brings about both opportunities and challenges that are likely to set developed economies even farther apart from emerging economies. This book, through the perspective of researchers in the emerging markets, presents analyses on a number of issues important to entrepreneurial finance, such as debt financing, mergers and acquisitions, stock market efficiency, resource allocation and consumption, and sustainable development.


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