scholarly journals 'Solve for India, Solve for the World’: Strategies of India to Lead with New Age Disruptive Technologies

New age technologies like Blockchain, Artificial Intelligence, Data Analytics, Internet of Things, Cloud Computing, Data Analytics, also known as Industry 4.0 has become integral part of business organizations in developed countries. India along with other developing countries is also in the race to adopt these new disruptive technologies to bring in more efficiencies in the business processes. Though India was late to get into the 4IR wagon but it is trying hard to catch up with the major players globally. Establishment of Center for the Fourth Industrial Revolution, by World Economic Forum is a major achievement of the Government of India to catch up with the other countries globally, but there are several challenges which needs to addressed simultaneously, This paper focus on the level of adoption of these technologies in India, future prospects and the challenges being faced in successful adoption of these technologies.

2020 ◽  
Vol 12 (17) ◽  
pp. 6812
Author(s):  
Ane-Mari Androniceanu ◽  
Irina Georgescu ◽  
Manuela Tvaronavičienė ◽  
Armenia Androniceanu

The current phenomenon of the economy-accelerated digitalization, known as the “Industry 4.0”, will generate both an increased productivity, connectivity and several transformations on the labor force skills. Our research objectives are to determine the influence that digitalization has had on the workforce in several developed countries and to propose a new composite indicator that reflects these dynamics over time. We have used the Canonical Correlation Analysis (CCA) in order to identify and analyze the correlations between two sets of variables, an independent one and a dependent one. Data were collected from the World Bank and World Economic Forum for the years 2018–2019. Based on the results of our research we have determined and made a consistent analysis of the new composite index of digitalization and labor force in 19 countries. The results of our research are relevant and show not only the impact of digitalization on the labor force in different countries, but also the structural changes required by the new economic and social models. Our research can help decision-makers get in advance the necessary measures in the field of labor force in order to ensure a proper integration of these measures into the new economic model based on digitalization.


2021 ◽  
pp. 136-155
Author(s):  
Keun Lee

Chapter 6 assesses China’s catching-up and leapfrogging in key manufacturing sectors compared with the Korean experience. It explains the varying records of market catch-up by referring to diverse aspects of technological and market regimes, such as modularity, degrees of embodied technical change, tacitness of knowledge, knowledge accessibility, and frequency of innovations. Easy access to foreign technologies from developed countries (mobile phones vs. semiconductors), high degree of modularity (mobile phones vs. automobiles and semiconductors), and frequent changes in the generations of technologies or short cycle times of technologies (mobile phones and telecommunications systems vs. automobiles) generally help latecomers catch up. More importantly, sectors with a high degree of tacit knowledge (e.g., automobiles) tend to show a slower speed of catch-up than the manufacturers of telecommunications equipment with a high degree of explicit knowledge. Whether markets feature segmentation (or the existence of low-end niche segments for Chinese latecomers) seems to play an important role in the market regimes. Chinese firms manage to achieve initial success from a low-end market in segmented market conditions (e.g., telecommunications equipment and mobile phones) or markets protected by the government (e.g., telecommunications equipment). Conversely, they face high entry barriers in markets with no such segmentation (e.g., memory chips), which is one of the reasons for their slow progress in the memory chip sector (see also Chapter 4). These cases also suggest that technological regimes are not the only paramount determining factor; the outcomes are affected by the roles of actors, including firms and governments.


2020 ◽  
Vol 8 (1 SI) ◽  
pp. 98-102
Author(s):  
Tetiana Mamatova ◽  
Olexii Chykarenko ◽  
Iryna Chykarenko

The results of research work performed with the participation of the authors in 2019 by the Dnipropetrovsk Regional Institute of Public Administration of the National Academy of Public Administration under the President of Ukraine are highlighted.Modern processes of public administration reform in Ukraine are taking place against the background of global digitalization and deep transformation of business processes of organizations in all spheres of activity. According to the experience of developed countries, digitalization in public administration leads to the transformation of government on the model of "service" state, which is based on changing the role of citizens and civil society in public administration, and the basic function of the state is to provide services.Today, the issue of digitalization of public services is one of the priorities of the Government and the President of Ukraine, who have set ambitious plans - in the next 5 years Ukraine should become one of the world leaders in the development of e-government and e-democracy. In the context of further development of the decentralization reform, the implementation of these tasks requires the introduction of advanced digitalization of public services at the local level, and the main role in this process is given to the Centers for Administrative Services (CNAP). The results of the study show that improving the quality and digitalization of services provided by CNAPs, as well as bringing the CNAP network closer to each consumer are now priority areas for reforming the system of administrative services in Ukraine.


2021 ◽  
Vol 107 ◽  
pp. 04001
Author(s):  
Svitlana Radzivivska ◽  
Ivan Us

The overview of the country’s trade with all the continents during the period of 2000-2019 is given. The description of the commodity structure of exports/imports of goods, with particular attention to the industrial products, is followed by the detailed analysis of Ukraine’s foreign trade in 2020. The decrease in Ukraine’s foreign trade in 2020 by 6.4% is fully consistent with the projected WTO reduction of world trade in 2020 by 9.2%. Although COVID-19 had negative impact on Ukraine’s trade with the EU and the EAEU, it contributed to closer trade ties with Asia, improving Ukraine’s trade balance. The government and the national business elite should aim at solving the problems of increasing the volume and improving the commodity structure of Ukraine’s foreign trade with emphasis on the development of transport system for exporting agricultural and food products to the developed countries of the West and to the prospective economies of the East and the South. It is essential, on the one hand, to focus on the inflows of FDI and their appropriate use, and, on the other hand, on Ukraine’s participation in the formation of GVCs, global production networks. In the conditions of the Fourth industrial revolution, the economy finds itself transformed due to the fundamental changes. The optimization of foreign trade relations of Ukraine will not only improve the economy, but also enable the country to become a better functioning element of the global economic system.


2020 ◽  
Author(s):  
Andre Supratman

The administration of education in Indonesia is very important in education because it can help kelansung education, education is an effort made by individuals or groups of people, which aims to make the life of the nation and state, especially in Indonesia the government seeks to advance existing human resources in order to be able to carry out appropriate educational processes which in the future plans and able to catch up with the developed countries inEurope, the United States, and Asian countries that have been developed, based on education in developed countries, so that making education in Indonesia can benefit the education in developed countries.


2021 ◽  
Vol 258 ◽  
pp. 05037
Author(s):  
Svetlana Zenchenko ◽  
Alexsey Zaytsev ◽  
Anna Savtsova ◽  
Yana Radyukova

The main subject of the World Economic Forum 2016 in Davos was the Fourth Industrial Revolution (Industry 4.0), characterized by, according to the chairman of the world economic fund Klaus Schwab, a combination of technologies that blur the boundaries between the physical, digital and biological spheres. Modern technologies are changing as fast as ever, creating new challenges and identifying promising opportunities for development. Our response to the challenges of Industry 4.0 is the neo-industrialization of the Russian economy, based on the use of modern industrial technologies and the development of human capital. However, the upcoming fourth industrial revolution is a serious challenge for the government. Unfortunately, most experts are not inclined to be optimistic about Russia’s prospects in this race. The main competition of the new revolution is not that much about technologies themselves but about the skills and education that are necessary for their application. Competition is escalating at the level of education systems, but ready-made specialists in the context of globalization still need to be maintained, and so far, the low level of salaries in Russia only contributes to a further ‘brain drain’. Finally, national characteristics and systematic approach are important in the Industry 4.0 development. The development of new industrial revolution elements is uneven, which is why the additional advantages of interdisciplinary research and development are missed out on.The task delivered by the President of Russia Vladimir Putin was to create a ‘smart’ economy, which determines the need for the rapid development of science and the dynamic implementation of its achievements. Since this task covers many aspects of life, a special integrating indicator is required to assess the success of its implementation. The concept of ‘technological structure’ is claiming its role today.


1969 ◽  
Vol 9 (3) ◽  
pp. 349-351
Author(s):  
A. H. M. Nuruddin Chowdhury

There is no dearth of writings on international economic policies as even the limited bibliography appended to this volume will suggest. One is, there¬fore, justified in being somewhat fastidious in appraising yet another entry in this already crowded field. The book attempts to cover the entire domain of commercial policies. This makes the treatment of most of the topics, of necessity, cursory and elementary, since summarizing or synthesizing all the writings in such a broad field is impossible without running into encyclopaedic proportions. Let us, therefore, look at the work from the point of view of those for whom this is primarily meant. In the words of the author, "the manual, in the first place, is destined for ministries of economics, trade and finance in less-developed countries and for the training of all those who will eventually assume responsibilities in the field of commercial policy at all levels in the government, in semi-official and private business organizations, and even in private enterprises engaged in foreign


Economies ◽  
2018 ◽  
Vol 6 (3) ◽  
pp. 46 ◽  
Author(s):  
Petra Maresova ◽  
Ivan Soukal ◽  
Libuse Svobodova ◽  
Martina Hedvicakova ◽  
Ehsan Javanmardi ◽  
...  

The introduction of information technology into all aspects of our lives has brought forth qualitative and quantitative changes on such a large scale that this process has come to be known as the Fourth Industrial Revolution, or Industry 4.0. The aim of this paper is to fill in the gaps and provide an overview of studies dealing with Industry 4.0 from the business and economic perspectives. A scoping review is performed regarding business, microeconomic and macroeconomic economic problems. Four investigators performed a literature search of the Web of Science, Scopus, and Science Direct. The selected period spanned from 2014 to 2018, and the following keywords were used for the search: Industry 4.0, economics, economic development, production economics, and financial sector. A total of 2275 results were returned. In all, 67 full papers were screened. Results obtained from the relevant studies were, furthermore, divided into the following categories: work and skills development; economy growth and macroeconomic aspect; sustainability; intelligent manufacturing; policy; and change in business processes. Findings show that the aspects of work and skills development, smart technology adoption, intelligent manufacturing, and digitalization are very well described. The government and its policies usually play the role of a needed supportive element. Usually studies lack a coherent view of the topic in question and solve partial questions.


10.26458/1741 ◽  
2017 ◽  
Vol 17 (4) ◽  
pp. 11-15
Author(s):  
Elena Gurgu

At the end of 2017, according to World Economic Forum Agenda, it seems that economic competitiveness matters, but not as an end in itself. It matters because nations that are more competitive are more productive, and are therefore more able to provide for the social needs of their people. The world has changed dramatically over the last decade, and measuring the factors that determine competitiveness continues to be a highly complex process. It is certainly true that the Fourth Industrial Revolution (4IR) – new, rapidly changing technologies in many different fields – has changed the way we need to measure some aspects of competitiveness, particularly in relation to innovation and ideas. We need to stress, for example, the value of ideas and collaboration within companies; the values of open-mindedness, of connectivity, and the value of an entrepreneurial spirit. And we have had to emphasize a new kind of education: one that is more conducive to students’ creativity, their ability to observe and generate ideas. The new industrial revolution, also known as the 4IR, has forced us to put more emphasis on all these aspects of a nation’s innovation ecosystem. The appearance of very disruptive technologies has been incredibly rapid. If we go back 10 years, the iPhone didn’t even exist. We have seen huge developments in artificial intelligence, new materials, synthetic biology, big data and on-demand technologies, and all these are changing the business landscape at a planetary level. Significantly, many of these innovations did not occur in those countries where technology used to be produced almost monopolistically. It is no longer the case that only the US and Europe innovate; the new industrial revolution has created opportunities for nations across the globe. This is a hugely important trend.


2020 ◽  
Vol 8 (1) ◽  
pp. 28-35
Author(s):  
Sentikom 2019

One of the Nawa Cita programs established by the government is to develop Indonesia from the periphery by strengthening human resources, infrastructure and services to be the basis of the government's commitment to develop the East Nusa Tenggara (NTT) region. As a province bordering the Democratic Republic of Timor-Leste, NTT has become a target for the development of border areas, namely the construction of an Integrated Cross-border Post (PLBN) with various supporting facilities. Integrated PLBN is a "home" for CIQ services (Customs / customs, Immigrate / immigration, and Quarantine / quarantine) under the authority of 5 ministries. At present, each service does not yet have an integrated system and does not yet have supporting infrastructure to optimize coordination and collaboration between institutions so that it affects the effectiveness and efficiency of one-stop services. The purpose of this research is to create a cross platform information system architecture model to support business processes carried out by the customs, immigration and quarantine authorities in three (3) Integrated State Border Posts (PLBN) in the NTT region by applying the concept of Enterprise Architecture Planning (EAP). The proposed information system architecture aims to solve the problems encountered in carrying out business processes and services as well as supporting national government policies and strategies in managing border regions between countries. The results of this study are expected to be applied to support the business processes carried out by connecting all relevant institutions in order to realize good governance in the era of the industrial revolution 4.0.    


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