scholarly journals INTENSITY OF INNOVATION ACTIVITY AND ITS PROGRESSIVITY IN ENTERPRISES IN SLOVAKIA IN THE ERA OF INDUSTRY 4.0

2021 ◽  
Vol 11 (1) ◽  
pp. 250-254
Author(s):  
PATRIK RICHNÁK
Keyword(s):  
Competitive Advantage ◽  
Questionnaire Survey ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Innovation Activity ◽  
Sustainable Competitive Advantage ◽  
Environmental Consequences ◽  
Fourth Industrial Revolution ◽  
Innovative Potential ◽  
Social Environmental

At present, it is not easy to define and recognise the innovative potential of an enterprise in a market environment. It is about identifying the components, relationships and understanding the concepts, interconnections and achieving the expected economic, social, environmental consequences of introducing and managing innovation. Innovation is associated with increased performance, the creation of new markets and competitive advantage. Enterprises are innovating to defend their existing competitive positions as well as to seek a sustainable competitive advantage. The paper's main goal was to examine the degree of the introduction of innovations in enterprises in Slovakia in the era of Industry 4.0 on the basis of a knowledge base and a questionnaire survey. By applying theoretical knowledge and statistical methods of evaluating the questionnaire survey, we came to potential opportunities for the development of innovation activity in the ongoing fourth industrial revolution in the surveyed enterprises.

scholarly journals THE IMPACT OF THE DETERMINANTS OF FOURTH INDUSTRIAL REVOLUTION ON COMPETITIVE ADVANTAGE AND SUSTAINABILITY – A STUDY FOR MALAYSIAN SMES

2020 ◽  
Vol 6 (3) ◽  
pp. 283-289
Author(s):  
Dr Sreenivasan Jayashree ◽  
Chinasamy Agamudainambi Malarvizhi ◽  
Mohammad Nurul Hassan Reza
Keyword(s):  
Competitive Advantage ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Technical Innovation ◽  
Economic Factors ◽  
Time Data ◽  
Inherent Difficulty ◽  
Fourth Industrial Revolution ◽  
Smart Technologies ◽  
The Impact

Small and medium-sized enterprises (SMEs) constitute one of the leading economic factors with strong consumer and stakeholder aspirations. The Fourth Industrial Revolution may also be defined as Industry 4.0, because it has evolved through automation and technical innovation that can transform products and manufacturing processes by real-time data integration, allowing consumers to be satisfied through customized products. It is important to examine the uniqueness of Industry 4.0 and the inherent difficulty in understanding the determinants, as most recent studies address the technological dimension of the concept. This study addresses the effect of the core determinants of Industry 4.0 in achieving sustainability as well as competitive advantage. The findings will serve to offer valuable insights for the SMEs to adopt smart technologies in the production system concerning Industry 4.0. This paper presents a conceptual model including hypotheses that can be tested further through a quantitative analysis.

Resource-Based Logistics (RBL) and Competitive Advantage

2020 ◽  
pp. 181-194
Author(s):  
Noorliza Karia ◽  
H.M. Emrul Kays
Keyword(s):  
Competitive Advantage ◽  
Fast Moving ◽  
Industry 4.0 ◽  
Dynamic Capabilities ◽  
Industrial Revolution ◽  
Competitive Advantages ◽  
Logistics Industry ◽  
Logistics Service ◽  
Fourth Industrial Revolution ◽  
Knowledge Based

Logistics service is more complex and knowledge-based in the fourth industrial revolution era. Given this significance, this chapter emphasizes the logistics industry and its specific dynamic capabilities, and measures generating the Industry 4.0 by extending the resource-based logistics (RBL) of Noorliza (2011). The chapter has three parts: Logistics in the fourth industrial revolution, RBL theory, and its impacts and Logistics 4.0 models in the fast-moving environment. This explains how logisticians or logistics firms obtain competitive advantages in the fourth industrial revolution era.

scholarly journals 4.0 Industry: understanding the impact of technological changes of the fourth industrial revolution on competitiveness in sandal factories of Cariri Region

2019 ◽  
Vol 10 (1) ◽  
pp. 31-42
Author(s):  
Alana Vitória Rodrigues Barreto ◽  
Antônio Wilson dos Santos ◽  
Antoniel Dos Santos Gomes Filho
Keyword(s):  
Competitive Advantage ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
New Technologies ◽  
Field Research ◽  
Fourth Industrial Revolution ◽  
Footwear Industry ◽  
Technological Advances ◽  
Descriptive Approach ◽  
The Impact

New technologies are increasingly appearing to assist people in all areas. In the footwear industry it would not be different, where the industry 4.0 or fourth industrial revolution characterizes the current moment. This research examined how the managers of some sandal factories in the Cariri Region are realizing the changes and technological advances of industry 4.0 as a source of competitive advantage. A field research of a basic nature, with a qualitative and descriptive approach, where interviews were applied with the managers of sandal factories in the Region of Cariri, chosen for convenience and judgment of the researcher. The study is relevant due to the existence of great changes that have been taking place within the companies along with new technologies that are emerging, but it is not known how managers receive these changes and use them to benefit the company and in the search for a differential for competitive advantage in the market. At the end of the research it was possible to conclude that from the reality of each manager and company the way they receive and use the technologies of the fourth industrial revolution changes, and the lack of knowledge, structure, and money in the smaller companies makes the potential use competitive advantage is not so much taken advantage of.

THE FOURTH INDUSTRIAL REVOLUTION (INDUSTRY 4.0) A SOCIAL INNOVATION PERSPECTIVE

2018 ◽  
Author(s):  
Klaus Schwab
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Social Innovation ◽  
Holistic Approach ◽  
Socioeconomic Impact ◽  
Fourth Industrial Revolution ◽  
Technological Developments ◽  
Rapid Pace ◽  
Sustainable System ◽  
Industrial Revolutions

The rapid pace of technological developments played a key role in the previous industrial revolutions. However, the fourth industrial revolution (Industry 4.0) and its embedded technology diffusion progress is expected to grow exponentially in terms of technical change and socioeconomic impact. Therefore, coping with such transformation require a holistic approach that encompasses innovative and sustainable system solutions and not just technological ones. In this article, we propose a framework that can facilitate the interaction between technological and social innovation to continuously come up with proactive, and hence timely, sustainable strategies. These strategies can leverage economic rewards, enrich society at large, and protect the environment. The new forthcoming opportunities that will be generated through the next industrial wave are gigantic at all levels. However, the readiness for such revolutionary conversion require coupling the forces of technological innovation and social innovation under the sustainability umbrella.

Emerging Industrial Revolution: Symbiosis of Industry 4.0 and Circular Economy: The Role of Universities

2020 ◽  
Vol 25 (3) ◽  
pp. 505-525 ◽  
Author(s):  
Seeram Ramakrishna ◽  
Alfred Ngowi ◽  
Henk De Jager ◽  
Bankole O. Awuzie
Keyword(s):  
Economic Growth ◽  
Circular Economy ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
New Technologies ◽  
Production Systems ◽  
Fourth Industrial Revolution ◽  
New Jobs

Growing consumerism and population worldwide raises concerns about society’s sustainability aspirations. This has led to calls for concerted efforts to shift from the linear economy to a circular economy (CE), which are gaining momentum globally. CE approaches lead to a zero-waste scenario of economic growth and sustainable development. These approaches are based on semi-scientific and empirical concepts with technologies enabling 3Rs (reduce, reuse, recycle) and 6Rs (reuse, recycle, redesign, remanufacture, reduce, recover). Studies estimate that the transition to a CE would save the world in excess of a trillion dollars annually while creating new jobs, business opportunities and economic growth. The emerging industrial revolution will enhance the symbiotic pursuit of new technologies and CE to transform extant production systems and business models for sustainability. This article examines the trends, availability and readiness of fourth industrial revolution (4IR or industry 4.0) technologies (for example, Internet of Things [IoT], artificial intelligence [AI] and nanotechnology) to support and promote CE transitions within the higher education institutional context. Furthermore, it elucidates the role of universities as living laboratories for experimenting the utility of industry 4.0 technologies in driving the shift towards CE futures. The article concludes that universities should play a pivotal role in engendering CE transitions.

scholarly journals GREEN MARKETING: STRATEGY FOR GAINING SUSTAINABLE COMPETITIVE ADVANTAGE IN INDUSTRY 4.0

2019 ◽  
Vol 9 (2) ◽  
Author(s):  
Ika Purwanti ◽  
Muhammad Dzikri Abadi ◽  
Umar Yeni Suyanto
Keyword(s):  
Competitive Advantage ◽  
Environmental Sustainability ◽  
Industrial Revolution ◽  
Green Marketing ◽  
Environmental Damage ◽  
Business Practices ◽  
Sustainable Competitive Advantage ◽  
Public Concern ◽  
Library Research ◽  
Definition Of

This study would like to explains conceptual green marketing and its role as a source sustainable competitive advantage in industrial revolution 4.0. The environmental issue is a sizzling topic nowadays as almost every country’s government and society has started to be more aware of these issues. Plus, there is currently a phenomenon of industrial revolution 4.0 which demands business practices to be more consumer-oriented. Public concern over environmental damage has made marketers know the needs and value of environmentally friendly marketing, namely green marketing. which is a new strength to create a sustainable competitive advantage. This study is a library research gathering and analyzing information from related references and theories, which have become the basic foundation and sources in analyzing problems in this research. This study seeks to offer Green Marketing ideas as the latest approach in dealing with various business threats. The results show that green marketing able to encourage companies to prepare themselves faster and better, the definition of green marketing has changed over time according to the growing relevance of environmental sustainability. 

scholarly journals Local Productive Systems’ Transitions to Industry 4.0+

2021 ◽  
Vol 13 (23) ◽  
pp. 13052
Author(s):  
Marco Bellandi ◽  
Lisa De Propris
Keyword(s):  
Technological Change ◽  
Conceptual Framework ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
National Level ◽  
Sustainability Transitions ◽  
Fourth Industrial Revolution ◽  
Productive Systems

The paper is positioned in the emerging debate on the technological change brought about by the Fourth Industrial Revolution, often referred to as Industry 4.0. Our analysis is at the local, sub-national level. The aim is to explore what drivers and barriers local productive systems might face when seeking to embark on transitions that reconcile smart, equitable, and sustainable priorities, under enhanced models called Industry 4.0+. The novelty of the paper is to develop such models by designing a conceptual framework that juxtaposes the drivers and the barriers of sustainability transitions with local productive systems. This novel framework suggests possible pathways that local productive systems can initiate to achieve more equitable and green outcomes for their economy and society by directing the development of digital-related solutions.

scholarly journals Internal factors supporting business and technological transformation in the context of Industry 4.0

2019 ◽  
Vol 20 ◽  
pp. 137-145 ◽  
Author(s):  
Lucia Kohnová ◽  
Ján Papula ◽  
Nikola Salajová
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
New Technologies ◽  
Employee Education ◽  
Technological Transformation ◽  
Internal Factors ◽  
Fourth Industrial Revolution ◽  
Culture Strategy ◽  
Technology Transformation ◽  
And Training

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.

scholarly journals Shipbuilding 4.0: modern technologies and perspectives of the concept

2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Kseniya Reznikova ◽  
Valery Maximov ◽  
Dmitry Popov
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Human Life ◽  
Huge Number ◽  
Heavy Industry ◽  
Shipbuilding Industry ◽  
Fourth Industrial Revolution ◽  
Advanced Technologies ◽  
State And Market ◽  
Modern Technologies

Together with the fourth industrial revolution Industry 4.0 in the field of shipbuilding came the concept of Shipbuilding 4.0. Despite its separation from Industry 4.0, the concept also implies the automation of production and implementation of the most advanced technologies. Such technologies include cloud computing, Internet of Things, artificial intelligence, augmented reality and blockchain. Today, all these technologies are heard and familiar to a huge number of people. They continue to be actively developed and implemented in various industries and areas of human life. Heavy industry, namely shipbuilding, was no exception. This article examines the concept of Shipbuilding 4.0 and information technology, it characterizes. Examples of the implementation of the above technologies in the shipbuilding industry are given: at shipyards, in design. Applications in logistics and shipping have also been studied. This work considers such a problem of the Russian shipbuilding industry as poorly developed digitalization. With a high probability, these technologies will soon be actively consolidated in this area and will start everywhere, including at Russian shipyards. The use of innovative developments will improve competitiveness and strengthen positions in the state and market economy. Maritime activity is a very responsible field, where the slightest mistake can lead to bad consequences on a colossal scale. Therefore, the advanced technologies considered in the work have yet to be brought to perfection. However, they already have the potential and direction of development.

scholarly journals Smart Mechanical Systems for Manufacturing in the Era of Industry 4.0: Condition-Based Predictive Maintenance and Dynamic System Modification for Small and Medium-Sized Enterprises

2021 ◽  
Vol 20 (2) ◽  
Author(s):  
Giovanni Carabin ◽  
Erich Wehrle ◽  
Renato Vidoni
Keyword(s):  
Dynamic System ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Mechanical Systems ◽  
Predictive Maintenance ◽  
Condition Based Maintenance ◽  
Specific Target ◽  
New Class ◽  
Fourth Industrial Revolution ◽  
Potential Benefits

We are in the era of the fourth industrial revolution. Which highlights adaptability, monitoring, digitisation and efficiency in manufacturing as a result of the design of new smart mechanical systems. A central role in Industry 4.0 is played by maintenance and, within this framework, we define and review condition-based predictive maintenance. Thereafter, we propose a new class of smart mechanical systems that self-optimise utilising both condition-based maintenance and dynamic system modification. Akin to smart structures, smart mechanical systems will recognise and predict faults or malfunctions and, subsequently, self-optimise to restore desirable system behaviour. Potential benefits include increased reliability and efficiency while reducing cost without the requirement of highly skilled technicians. Thus, small and medium-sized enterprises are a specific target of such technology due to their increasing level of automatisation within Industry 4.0.

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