scholarly journals The Economic Aspect of Digital Sustainability: A Systematic Review

2021 ◽  
Vol 13 (15) ◽  
pp. 8241
Author(s):  
Livio Cricelli ◽  
Serena Strazzullo

In recent years, sustainability and Industry 4.0 have become crucial aspects of the global economy. Numerous studies focus on the link between environmental aspects of sustainability and Industry 4.0. On the contrary, few studies address the issue of the integration of economic sustainability and digital technologies. This paper aims to fill this gap through a systematic analysis of the literature. In particular, 32 articles were selected and following a descriptive analysis to evaluate the evolution of the theme, a content analysis was performed. The findings of this study highlight and categorize the main sustainability metrics associated with digital technologies. Specifically, the digitalization process enhances the connection of products and factories, the value chain and users to achieve a production cycle as sustainable as possible. The new technologies developed allow companies to foster innovation and entrepreneurship, increase the market share, reduce energy waste, recover and reuse the material, etc. Finally, managerial and academic contributions were identified.

Author(s):  
Le Thi My Hanh ◽  
Luis Alfaro ◽  
Tran Phuong Thao

This world is constantly changing and rapidly moving,-particular in the Industry 4.0 revolution, people must change to follow and keeping with this new trend. Education is the human foundation toward the “Truth - Good - Beautiful”, and comprehensive development of personal competencies as knowledge, skills and behaviors. A nation, such as Vietnam, if they want to integrate into global economy and affirming their position, they will need the “Talented - Virtuous” human resource who could meet the high demand of society. The purpose of this study was to propose a model of competency value chain at individual level for the educational managers, analyzing some factors of this value chain model and how to apply to Vietnamese education system in the fourth Industry era. The authors wanted to focus on the social value added that the educational managers’competency could bring as the result of this research.


Author(s):  
Raúl Tabarés Gutiérrez ◽  
Javier Echeverría Ezponda

The great transformation that will face European industry is driven by the need of digitizing the entire value chain around manufacturing for creating competitive advantages to maintain a dominant position in the global economy. This new paradigm is commonly known as Industry 4.0, and it has a significant policy support from the European Commission as well as different member states. However, this transition is full of uncertainties as the digitization of industry creates different concerns about employment, privacy, labor rights, and other issues related with this technological revolution. In this chapter, the authors trace back the origins of Industry 4.0 to the Web 2.0 phenomenon as well as they reflect upon the role of technodata and technofactories in a postindustrial society. Finally, they stress the need to reflect about developing a responsible digitization of industry that will consider societal concerns.


2020 ◽  
Vol 27 (4) ◽  
Author(s):  
Yan Feng ◽  
Jean-François Audy

Abstract: Forest industry plays an important role in global economy and has significant influences in our lives and the environment that we live in. With the rapid advancement of digital technologies and industrial transformations towards Industry 4.0, similar trend has been found in the forest industry and especially on its forest procurement side. Forestry 4.0 has been proposed as research initiatives in recent years. However, publications have largely focused on the digital technologies. This article is aimed at presenting a framework to provide a holistic view of Forestry 4.0 from a forest supply chain perspective. The framework consists of four major components including the digital technologies pertinent to each of the supply chain business activities; the network infrastructure; the next generation system intelligence; and the collaborative forest supply chain digital ecosystem. These components are essential for the forest industry transformation to become truly interconnected among its supply chain actors. Some economic, environmental, and social expected benefits of Forestry 4.0 are discussed as well as potential impacts and challenges.


Author(s):  
Leyla A. Gamidullaeva ◽  
Sergey M. Vasin ◽  
Elena V. Shkarupeta ◽  
Tatyana O. Tolstykh ◽  
Alexey G. Finogeev ◽  
...  

Innovations in the modern world are not simply connected with the opportunities of digital technologies but also largely based on them. This is exactly why the full-fledged successive industrial sector's digitization will become a platform for qualitative changes of the economy and long-term opportunities. Thus, the transition to digital technologies is inevitable, but from another perspective, this very transition cannot be the absolute goal. In this chapter, the authors aimed at providing a better understanding for Industry 4.0 concept and its application benefits for Russia. The main problem is how the Russian Federation acts against the economically developed countries, which are the creators of Industry 4.0. This chapter mainly focuses on presenting the authors' views on how to sustain and increase competitive advantage of the Russian Federation by catching and implementing Industry 4.0. With Industry 4.0, Russian Federation gets a bigger share of the world manufacturing value chain.


2017 ◽  
Vol 25 (3) ◽  
pp. 174-184 ◽  
Author(s):  
Roger Strange ◽  
Antonella Zucchella

Purpose This paper aims to provide an assessment of how the widespread adoption of new digital technologies (i.e. the Internet of things, big data and analytics, robotic systems and additive manufacturing) might affect the location and organisation of activities within global value chains (GVCs). Design/methodology/approach The approach in this paper is to review various sources about the potential adoption and impact of the new digital technologies (commonly known collectively as Industry 4.0), to contrast these technologies with existing technologies, and to consider how the new technologies might lead to new configurations involving suppliers, firms and customers. Findings The authors report that the new digital technologies have considerable potential to disrupt how and where activities are located and organised within GVCs), and who captures the value-added within those chains. They also report that Industry 4.0 is still in its infancy, but that its effects are already having an impact upon the nature of competition and corporate strategies in many industries. Social/implications In particular, the authors draw attention to the potential cyber-risks and implications for the privacy of individuals, and hence, the need for regulation. Originality/value This is the first published paper to consider the likely separate and joint impacts of the new digital technologies on the practice and theory of international business.


2021 ◽  
Vol 69 (6-7) ◽  
pp. 385-401
Author(s):  
Mladen Krstić ◽  
Snežana Tadić ◽  
Slobodan Zečević

Technological development, automation, digitalization, networking, new forms of communication, etc. initiated a new industrial revolution, also known as Industry 4.0. It represents a new form of organization and control of the value chain in the product life cycle. By connecting and synergizing existing and new solutions and technologies of communication, data collection, exchange and analysis, production, process management, trade, etc. a new paradigm of human action, business and living has been created. A concept that is intensively changing production processes has emerged, but its effects are also visible in other areas of human activity, primarily trade, health, agriculture, logistics, etc. By applying the solutions and technologies of Industry 4.0 in the field of logistics, the concept of Logistics 4.0 was developed with the aim of achieving greater efficiency of logistics systems and processes. New technologies and solutions appear every day, but the backbone of the development of the Logistics 4.0 concept is comprised of several key technologies, such as: Internet of Things (IoT), Autonomous Vehicles (AV) and Automatic Guided Vehicles (AGV), Artificial Intelligence (AI), Virtual Reality (VR) and Augmented Reality (AR), Big data, Data mining, Blockchain, Cloud Computing (CC), 3D printing, etc. The aim of this paper was to define and describe in detail the aforementioned technologies, as well as the possibilities of their application in the logistics systems and processes through a review of the relevant literature in this field. It can be concluded that logistics, as a multidisciplinary science, represents a fertile ground for the acceptance and further development of existing modern technologies, but also the initiator and incubator of new technologies that could easily go beyond logistics and become part of the family of Industry 4.0 solutions.


Author(s):  
Iwona PISZ ◽  

Purpose: The aim of this study is to discuss the impact COVID-19 pandemic on implementation 4.0 technologies in enterprises and supply chains. Design/methodology/approach: The study performs review of literature to identify key aspects of Industry 4.0, the COVID-19 pandemic in the economy. Findings: The paper explained the changes in the functioning of enterprises and supply chains and their transformation towards Industry 4.0. The authors defined the impact of the COVID-19 pandemic in the context of applying technology trends of the Industry 4.0 by enterprises and supply chains. We claim that in the enterprises and supply chains will be the need to invest in new technologies for the long term and implement new infrastructures. The COVID-19 pandemic is likely to help us push the accelerator pedal on Industry 4.0 in the industries, especially manufacturing industry. Originality/value: The study is one of the analysis of the relationships between enterprises and supply chains in the framework of Industry 4.0 and the aspects the COVID-19 pandemic in creating value chain. The study can be addressed to project managers and supply chains managers responded for implementation technologies of Industry 4.0.


2019 ◽  
Vol 9 (14) ◽  
pp. 2934 ◽  
Author(s):  
Jon Kepa Gerrikagoitia ◽  
Gorka Unamuno ◽  
Elena Urkia ◽  
Ainhoa Serna

The fourth industrial revolution is characterized by the introduction of the Internet of things (IoT) and Internet of Services (IoS) concepts into manufacturing, which enables smart factories with vertically and horizontally integrated production systems. The main driver is technology, as Industry 4.0 is a collective term for technologies and concepts of value chain organization. Digital manufacturing platforms play an increasing role in dealing with competitive pressures and incorporating new technologies, applications, and services. Motivated by the difficulties to understand and adopt Industry 4.0 and the momentum that the topic has currently, this paper reviews the concepts and approaches related to digital manufacturing platforms from different perspectives: IoT platforms, digital manufacturing platforms, digital platforms as ecosystems, digital platforms from research and development perspective, and digital platform from industrial equipment suppliers.


Author(s):  
Mark Schofield ◽  
Aniekan Emmanuel Essien

Although the concept of Industry 4.0 is still in its infancy, the ramifications of this emerging technology are beginning to be felt across various industries. This chapter deals with the application of new technology, such as the internet of things (IoT), big data and analytics, robotic systems, and additive manufacturing, in global value chains (GVCs). Secondary sources about Industry 4.0 are explored in order to compare new technologies and understand how they could impact manufacturers, companies, and consumers. The effects of digital technologies on location and coordination of work, as well as the capture of value in global value chains, are also discussed in this chapter. In particular, the chapter highlights the risks of cyberattacks and their consequences for individuals' privacy, calling for regulation in international and remote work contexts.


Author(s):  
Raúl Tabarés Gutiérrez ◽  
Javier Echeverría Ezponda

The great transformation that will face European industry is driven by the need of digitizing the entire value chain around manufacturing for creating competitive advantages to maintain a dominant position in the global economy. This new paradigm is commonly known as Industry 4.0, and it has a significant policy support from the European Commission as well as different member states. However, this transition is full of uncertainties as the digitization of industry creates different concerns about employment, privacy, labor rights, and other issues related with this technological revolution. In this chapter, the authors trace back the origins of Industry 4.0 to the Web 2.0 phenomenon as well as they reflect upon the role of technodata and technofactories in a postindustrial society. Finally, they stress the need to reflect about developing a responsible digitization of industry that will consider societal concerns.


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