scholarly journals Education for Entrepreneurship during Industrial Revolution 4.0: Opportunities and Challenges

2020 ◽  
Vol 16 (1) ◽  
Author(s):  
Hanna Nowak
Keyword(s):  
Industrial Revolution ◽  
Secondary Data ◽  
Economic Life ◽  
Relationship Building ◽  
Team Cooperation ◽  
Technological Entrepreneurship ◽  
New Type ◽  
Polish Economy ◽  
The Internet Of Things

Entrepreneurship 4.0 can be seen as a new type of technological entrepreneurship, based on advanced technologies (e.g. the internet of things, artificial intelligence) which should help to improve the productivity and innovativeness of the Polish economy. However, the development of Economy 4.0 is associated with certain dilemmas and even with the destruction of the existing ‘rules’ of socio-economic life. The purpose of the article is to identify the opportunities and challenges of entrepreneurship development in the context of the Fourth Industrial Revolution, regarding the role of education in this process. Thus, an explorative study was carried out based on the literature and secondary data (2015–2019) analysis (e.g. GUESS, PISA, GEM). The technical capabilities of Polish engineers and IT specialists can facilitate the development of innovative entrepreneurship 4.0. However, intensive educational efforts are required in order to improve the soft skills of the new generations (Y, Z), such as communication skills, relationship building and interdisciplinary team cooperation. Additionally, the role of education should concentrate on shaping ethical attitudes and social responsibility for the consequences of innovations introduced on the market.

Internet of Things as Engine of Economic Growth in Indonesia

2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Bambang Widagdo ◽  
Mochamad Rofik
Keyword(s):  
Economic Growth ◽  
Internet Of Things ◽  
Industrial Revolution ◽  
The Internet ◽  
Economic Diversification ◽  
Great Opportunity ◽  
Economic Basis ◽  
Network Quality ◽  
The Internet Of Things

The economic diversification concept gives hope for a country with rich natural resources to strengthen its economic basis. Thus industrial revolution era of 4.0 provides great opportunity to fasten the process. A study by McKensey in 2011 proved that the internet in the developing country contributes around 3.4% towards its GDP which means that the internet has become a new hope for the economy in the future. Indonesia is one of the countries that is attempting to maximize the role of the Internet of Things (IoT) for its economic growth.� The attempt has made the retail and tourism industries as the two main sectors to experience the significant effect of IoT. In the process of optimizing the IoT to support the economic growth, Indonesia faces several issues especially in the term of the internet network quality and its distribution, the inclusive access of financial access and the infrastructure

Toward a theory on workplaces for smart workers

Facilities ◽  
2019 ◽  
Vol 38 (3/4) ◽  
pp. 298-315
Author(s):  
Luisa Errichiello ◽  
Tommasina Pianese
Keyword(s):  
Web Sites ◽  
Participant Observation ◽  
Secondary Data ◽  
Primary Data ◽  
Innovative Design ◽  
Content Type ◽  
New Type ◽  
Smart Working ◽  
Research Propositions

Purpose The purpose of this paper is to identify the main features of smart work centers (SWCs) and show how these innovative offices would support the implementation of smart working and related changes in workspaces (“bricks”), technologies (“bytes”) and organizational practices (“behaviors”). Design/methodology/approach In this study, scientific literature is combined with white papers and business reports and visits to 14 workplaces, including offices designed as SWCs, co-working spaces, one telecenter, one accelerator and one fab lab. Primary data were collected through interviews with managers and users and non-participant observation, whereas secondary data included web-sites, brochures, presentations, press releases and official documents. Findings The authors developed research propositions about how the design of spaces and the availability of technology within SWCs would support the “bricks” and “bytes” levers of smart working. More importantly, the authors assumed that this new type of workplace would sustain changes in employees’ behaviors and managers’ practices, thus helping to overcome several challenges traditionally associated with remote working. Research limitations/implications The exploratory nature of the research only provides preliminary information about the role of SWCs within smart working programs. Additional qualitative and quantitative empirical investigation is required. Practical implications This study provides valuable knowledge about how the design of corporate offices can be leveraged to sustain the implementation of smart working. Originality/value This study advances knowledge on workplaces by focusing on an innovative design of traditional offices (SWC). It also lays the foundations for future investigation aimed at testing the developed propositions.

scholarly journals International Trade in Transport Services between Poland and the European Union

2021 ◽  
Vol 13 (1) ◽  
pp. 424
Author(s):  
Agnieszka Malkowska ◽  
Arkadiusz Malkowski
Keyword(s):  
European Union ◽  
Sustainable Development ◽  
Foreign Trade ◽  
Secondary Data ◽  
The European Union ◽  
Eu Countries ◽  
Transport Services ◽  
Polish Economy ◽  
Polish Foreign

The structure of international trade in today’s global economy is undergoing transformation. The increase in the importance of services is a clear trend. In Polish foreign trade with the European Union countries, it is transport services that to the greatest extent create the trade surplus. These services significantly affect the environment, which makes it necessary to take measures aimed at the implementation of the green transport principles. The aim of the study was to provide a detailed description of transport services in Polish foreign trade with European Union (EU) countries and to assess the role of these services in Polish economy, including in terms of sustainable development. The study concerned transport services, consisting of four separate types: maritime transport, air transport, other transport services (except maritime and air) and postal and courier services. The time span of the study was 2010–2018. The latest secondary data from the official statistics of the National Bank of Poland and the Central Statistical Office were used for the purpose of the analysis. The research methods included: critical analysis of the source literature, analysis of secondary data (desk-research) and graphic methods (tables and diagrams), by means of which the results of the study were presented. The conclusions drawn are inductive and deductive in nature. The article describes in detail Polish trade in transport services with EU countries. It focuses on export, import and balance. The role of the examined services in foreign trade and Polish economy was assessed based on the analysis of the structure of export and import and the rate of export and import, geographical orientation of trade, as well as the activity of enterprises from the transport service sector, registered in Poland, including joint ventures. Research has shown that between 2010 and 2018 Polish export and import of transport services as part of trade relations with EU countries increased considerably. The conducted research indicates that transport services are a crucial element of Polish trade. The role of EU countries in the Polish trade in transport services was recognised as significant and growing. This has a positive impact on the country’s economy. The increasing role of road transport in the structure of the Polish trade indicates that Polish entities providing transport services are thriving in this demanding market. However, the analysis of the source literature indicated changes in the preferences of consumers, who increasingly often expect the implementation of sustainable development principles in the distribution of goods. Green marketing or green transport are concepts more and more frequently used to gain competitive advantage in the market. The transport sector in Poland is facing a major trend towards the implementation of sustainable development principles. In order to maintain sales growth internationally, the entities will have to implement sustainable development principles.

scholarly journals Science in the modern world: from value to complexity

2021 ◽  
pp. 53-60
Author(s):  
Leonid Hubersky ◽  
Oksana Zhylinska
Keyword(s):  
Economic Life ◽  
Modern World ◽  
Complex World ◽  
Complex Thinking ◽  
Technological Potential ◽  
Science And Culture ◽  
New Type ◽  
Independent Decision ◽  
Theory Of Complexity

The paper focuses on the problem of actualizing the role of science as a complex system in the prospects of development of society and man. The development of science is shown to have led to the formation and assertion of information and digital reality. It has accelerated the pace of globalization in all spheres of life— from obtaining information to knowledge, from the expansion of visual communication to stimulating the movement of people, technology and finance. At the same time, the introduction of scientific innovations deepens the polarization of countries, continents and regions in terms of technological potential. The growing complexity of the modern world can be realized by appropriate complex thinking. The paper has revealed the main stages of formation of a new type of personality capable of understanding the complex world, independent decision-making, in the process of cognition and freedom of behavior in a situation of radical transformation of values of science and culture. The dynamics of changes in science, technology, socio-cultural and economic life is determined as well. This situation gives rise to a new “reflective society”, corresponding to the initial levels of information theory of complexity, in the context of which human activity becomes non-linear, innovative and chaotic. It is emphasized that understanding the dynamics of a complex world and its systems stimulates the emergence of new approaches in management theory. In their context, the task of forming complex thinking is set, the ways of its active introduction into the culture of scientific knowledge and learning are determined.

scholarly journals Perspectives

1984 ◽  
Vol 9 (1) ◽  
pp. 43-48
Keyword(s):  
Economic Life ◽  
Cultural Planning ◽  
Competition And Cooperation ◽  
Cultural Life ◽  
Basic Source ◽  
New Type ◽  
The Masses ◽  
The Third World

Perspectives presents abstracts of select articles by well-known practitioners and academicians. Readers are welcome to contribute their own thoughtprovoking pieces or those of others that they have come across. Please send three type-written copies of the article to Professor Ranjit Gupta. Where are the workers of yesteryear? The transformation of the role of the proletariat has been caused by several developments, chief among which are the increasing trend of automation in the production processes in the industrial world, and the emergence of a hybrid proletariat in the Third World. Judging by the growing trend in displacement of labour by machines, it seems that the future centre of growth of revolutionary consciousness will no longer be the shopfloor, but the streets. Approach to cultural planning: Planning for access to culture for the masses involves planning for their access to the fruits of material production. There is thus an indissoluble bond between economic planning and cultural planning. Further, the economic structure will also determine the scope and quality of culture. If this structure promotes a balance between competition and cooperation, and surplus accumulation without class exploitation in production process, only then will possibilities emerge for the growth of a cultural superstructure of a new type. Distortion of economic life or alienation in economic life is the basic source of disorientation in the cultural life of a country.

scholarly journals Future Competition Law In Indonesia: Analysis Of The Phenomenon Of Disruptive Innovation

2021 ◽  
Vol 21 (2) ◽  
Author(s):  
Izzy Al Kautsar
Keyword(s):  
Legal Status ◽  
Industrial Revolution ◽  
Secondary Data ◽  
Social Engineering ◽  
Disruptive Innovation ◽  
Modern Technology ◽  
Product Choices ◽  
Policy Direction ◽  
The Internet Of Things ◽  
Economic Capacity

This research aims to analyze the legal status of the existence of disruptive innovation in relation to the competition act, as well as outline the policy direction of business competition regulations. In conducting this research the author uses normative research methods, by utilizing secondary data. Legal issues related to business competition in recent years have culminated in the presence of innovations that can change the paradigm of producers and consumers towards market activity habits, which are accustomed to conducting direct transactions. The emergence of modern technology has created a new, fourth industrial revolution that combines automation and computing with the internet of things. Disruptive innovation is able to enable producers to offer their products and services in an easy and effective way through online-based offerings so as to provide consumers with a variety of product choices so that they can determine their needs easily and according to economic capacity. This paradigm shift must be balanced with regulations that can limit the legal corridors that have been adjusted so as to create prosperity for consumers and producers. It can be concluded that the existence of disruptive innovation has made competition acts very intensive, for consumers, making it easier for consumers to make choices according to economic capacity. In connection with the legal politics of business competition regulation, the law must be directed as a means of social control and a means of social engineering in order to make business competition effective and efficient by still paying attention to Article 33 of the 1945 Constitution as the basis for policy direction..

scholarly journals PERSPECTIVES OF THE TRANSITION TO THE DIGITAL ECONOMY IN EU

2021 ◽  
Vol IV (4) ◽  
pp. 103-111
Author(s):  
Angela Albu ◽  
◽  
Maria Sabina Albu ◽  
Keyword(s):  
Autonomous Vehicles ◽  
Industrial Revolution ◽  
Transition Process ◽  
Digital Economy ◽  
New Era ◽  
Eu Countries ◽  
The People ◽  
Accelerated Evolution ◽  
New Type ◽  
The Internet Of Things

The Fourth Industrial Revolution or Industry 4.0 refers, in simple terms, to the way in which the technologies like artificial intelligence, autonomous vehicles, augmented reality and the internet of things are merging with the physical life of the people all around the globe. This new “era” is expected to transform in a revolutionary way the economies, employment and even the society in which we live today. The digital economy is very different in comparison to the traditional one and it is the result of the accelerated evolution of telecommunications, internet and electronics, and their integration in our everyday life. This arising economy is favoring the development of a new type of business, i.e. e-business. The process of the transformation of the actual economy in a digital one needs a set of favorable factors and a period of time, named period of transition. In this context, it is necessary to understand and to assess how advanced the transition process is in each EU country so that to be able to create and implement the suitable strategies who will lead to the digital economy. At EU level it was create an index - Digital Economy and Society Index (DESI) – with the aim to measure the progress of EU countries towards a digital economy and society. Our paper presents this index and make a comparative analysis of its evolution during the last 5 years. The results show an intense preoccupation of all EU countries for the improvement of the sectors considered in the calculation of DESI and the progress made by some states in this field.

Design Framework for Preparing Workforce Towards Industry 4.0 Implementation in Small and Medium-Sized Enterprises

2020 ◽  
Author(s):  
Sagil James ◽  
Anupam Shetty
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Manufacturing Sector ◽  
Implementation Process ◽  
Secondary Data ◽  
Smart Manufacturing ◽  
New Paradigm ◽  
Skill Gaps ◽  
Adoption And Implementation ◽  
The Internet Of Things

Abstract The fourth industrial revolution, also known as Industry 4.0 is a new paradigm that is significantly influencing several manufacturing industries across the globe. Industry 4.0 synchronizes concepts such as Smart Manufacturing, Smart Factory, and the Internet of Things with existing factory automation technologies in order to improve value in manufacturing by monitoring key performance indicators and creates value in all manufacturing related aspects. Currently, several large companies industries have started early initiatives for implementing these technologies. However, small and medium-sized enterprises (SMEs) face massive challenges in adopting Industry 4.0 technologies. As the SMEs are evaluating their readiness for implementing the Industry 4.0 concepts, several challenges need to be addressed, including high initial investment, lack of standardization, data security, and lack of skilled labor. A strategic roadmap towards implementing the Industry 4.0 paradigms is still unclear in the SME sector as well as in academia. This research focuses on designing a framework for training/retraining the strong workforce for SMEs to enable Industry 4.0 adoption and implementation. The framework is created using qualitative research methods followed by the secondary data collection approach. The study suggests the use of a three-step implementation process consisting of 1) creating new jobs, 2) recruiting, and 3) retraining and retaining the talent. The results of this study are expected to create a platform to train the workforce for Industry 4.0, reduce skill gaps, and retain incumbent workers in the manufacturing sector.

scholarly journals Managing family businesses in light of methodological assumptions for higher education

2021 ◽  
Vol 307 ◽  
pp. 06003
Author(s):  
Mariola Dźwigoł-Barosz ◽  
Henryk Dźwigoł
Keyword(s):  
Industrial Revolution ◽  
Family Businesses ◽  
Academic Education ◽  
Educational Methods ◽  
Baby Boomer Generation ◽  
Fourth Industrial Revolution ◽  
Family Enterprises ◽  
Succession Process ◽  
Polish Economy

Family businesses play a key role in the Polish economy, accounting for approx. 36 % of the MMSP sector. Development of family companies is connected with dilemmas regarding, among others, continuity and succession. In Polish business, a long-awaited moment of handing over the power and ownership to the next generation has appeared – the so-called generation of millennials, which is currently being educated at universities. The aim of this study is to identify areas of cooperation between universities and family businesses in the context of preparing potential successors to manage Polish family businesses at the dawn of the fourth industrial revolution. The article presents differences in the perception of the role of education in the succession process by successors and doyens of Silesian family enterprises on the basis of the author's own research. An attempt was made here to explain the divergence of opinions between the successors from the millennials generation and the representatives of the baby boomer generation (doyens). The main part of the study consists of a proposal of areas of academic education for future managers of family businesses under the conditions of Industry 4.0, including the use of educational methods adapted not only to requirements of the market, but also expectations of the millennials generation.

Emerging Auditing Perspectives in the Age of the Fourth Industrial Revolution

2021 ◽  
pp. 999-1014
Author(s):  
Mahmut Sami Ozturk
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Internet Of Things ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Methodological Approach ◽  
The Internet ◽  
Fourth Industrial Revolution ◽  
The Internet Of Things

The purpose of this chapter is to investigate the role of audit activities and auditors in Industry 4.0. The preferred methodological approach in the study is a general analysis of auditing in Industry 4.0 in the form of a literature review. According to the purpose of the study, the effect and role of auditing big data, the internet of things, the cloud, artificial intelligence, and other components in Industry 4.0 are investigated. Furthermore, auditing activities that can be implemented in Industry 4.0 are presented as suggestions in the study. The study explains the role of auditing as a whole in Industry 4.0 as a consequence of examining audit activities for each component in Industry 4.0.

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