Entrepreneurship

Industry 4.0 ◽

Industrial Revolution ◽

Strong Relationships

Many people will agree on the idea that entrepreneurship is one of the most important business concepts in recent days. In addition, it is said that we are experiencing the fourth industrial revolution (or Industry 4.0). Information and communication technologies are one of the key elements of this period. Therefore, some information about these two components, entrepreneurship and information and communication technologies, are given, and the possible and strong relationships between them are discussed in this chapter.

Towards the proposition of a Lean Automation framework

Journal of Manufacturing Technology Management ◽

10.1108/jmtm-01-2019-0032 ◽

2020 ◽

Vol ahead-of-print (ahead-of-print) ◽

Cited By ~ 1

Author(s):

Guilherme Tortorella ◽

Rapinder Sawhney ◽

Daniel Jurburg ◽

Istefani Carisio de Paula ◽

Diego Tlapa ◽

...

Keyword(s):

Continuous Improvement ◽

Design Methodology ◽

Industrial Revolution ◽

Holistic Approach ◽

Content Type ◽

Barriers And Challenges

PurposeThe objective of this research is twofold. First, we aim at identifying the pairwise relationships between Lean Production (LP) practices and Industry 4.0 (I4.0) technologies. Second, based on these results, we propose a framework for Lean Automation (LA) implementation, in which I4.0 technologies are integrated into LP practices.Design/methodology/approachTo achieve that, a cross-sector survey was performed with 147 manufacturers that are undergoing a LP implementation aided by novel information and communication technologies from I4.0. Multivariate data analysis was applied in order to underpin the proposed framework for LA.FindingsFindings indicate that I4.0 technologies are positively correlated with LP practices, providing evidence to bear the proposition of a LA framework that can potentially overcome traditional barriers and challenges of a LP implementation.Originality/valueAs previous studies have approached LA implementation from a narrow perspective or including a limited set of LP practices and I4.0 technologies, the proposition of an integrated framework unfolds a wider range of synergistic implementations that may corroborate to a holistic approach for continuous improvement in the Fourth Industrial Revolution era.

Organizational Transformation and Managing Innovation in the Fourth Industrial Revolution - Advances in Logistics, Operations, and Management Science ◽

The Reconfiguration of Human Capital in Organizations

10.4018/978-1-5225-7074-5.ch015 ◽

2019 ◽

pp. 287-302

Author(s):

Edgar Oliver Cardoso Espinosa

Keyword(s):

Human Capital ◽

Industrial Revolution ◽

The People ◽

Postgraduate Level ◽

Individual Knowledge ◽

Social Competences

The objective of the chapter is to describe the main competences to be developed in digital natives at the postgraduate level, based on the characteristics generated by information and communication technologies in the context of the fourth industrial revolution. From this perspective, individual knowledge, experience, initiative, and creativity are recognized as the unlimited resource of organizations and countries, so the talent of the people is the basis of the competitiveness and survival of organizations of any type. Three axes of training at the graduate level are identified: social competences, global competitions of investigation and innovation, and digital competitions with base in the inverted learning and gamification.

Book review: Mirosław Grewiński, Marek Kawa, Joanna Lizut, Gilberto Marzano: TOWARDS CHANGES OF THE LABOR MARKET, SKILLS AND COMPETENCES

Polityka Społeczna ◽

10.5604/01.3001.0014.9722 ◽

2021 ◽

Vol 562 (1) ◽

pp. 29-30

Author(s):

Łukasz Arendt

Keyword(s):

Labor Market ◽

Industrial Revolution ◽

Technological Development ◽

Economic Changes ◽

The Future ◽

Information And Communication

The monograph published in English, which is the result of the project "Transformers - for the future labor market", takes up important issues of changes in the labor market in the context of technological development, which recently focuses on topics such as labor market polarization, automation and robotization , the effects of the fourth industrial revolution. The main threads discussed in the following chapters of the monograph relate to social and economic changes conditioned by the development of technology, in particular information and communication technologies, as well as the fourth industrial revolution, referred to as Industry 4.0. The main areas of analysis in the project "Transformers - for the future labor market" were presented in a synthetic way: the future of skills and competences, the future of professions and jobs, challenges related to education, as well as the conclusions drawn from desk-research analyzes and focus groups.

Challenges and Opportunities for SMEs in Industry 4.0 - Advances in Business Strategy and Competitive Advantage ◽

Challenges for Pakistani SMEs in Industry 4.0

10.4018/978-1-7998-2577-7.ch002 ◽

2020 ◽

pp. 12-21

Author(s):

Qaisar Iqbal ◽

Noor Hazlina Ahmad

Keyword(s):

Industry 4.0 ◽

Industrial Revolution ◽

Small And Medium Enterprises ◽

Vital Role ◽

Raw Material ◽

Current Economic Situation ◽

Medium Enterprises

Small and medium enterprises (SMEs) play a vital role in the development of any economy. The disruptive technologies of the fourth industrial revolution have ignited the flexibility and dynamic nature of the market. Industry 4.0 requires firms to deliver highly customized and high-quality products at low price and on time. However, the SMEs sector is not performing up to the standard, which is quite disturbing in the current economic situation of the country. This chapter has elaborated the application of advanced information and communication technologies of Industry 4.0 in the context of SMEs. Based on the requirements of Industry 4.0, this chapter has also explored the challenges faced by SMEs in Pakistan. The SMEs in Pakistan are presently coping the challenges such as limited access to finance, the undue compliance and excessive paperwork imposed by regulators, lacking mechanism of talent management, lacking skilled workforce, absence of networking and collaboration, mismanagement of raw material, and insufficient infrastructure.

Challenges for Pakistani SMEs in Industry 4.0

Research Anthology on Cross-Industry Challenges of Industry 4.0 ◽

10.4018/978-1-7998-8548-1.ch098 ◽

2021 ◽

pp. 1959-1967

Author(s):

Qaisar Iqbal ◽

Noor Hazlina Ahmad

Keyword(s):

Industry 4.0 ◽

Industrial Revolution ◽

Small And Medium Enterprises ◽

Vital Role ◽

Raw Material ◽

Current Economic Situation ◽

Medium Enterprises

Small and medium enterprises (SMEs) play a vital role in the development of any economy. The disruptive technologies of the fourth industrial revolution have ignited the flexibility and dynamic nature of the market. Industry 4.0 requires firms to deliver highly customized and high-quality products at low price and on time. However, the SMEs sector is not performing up to the standard, which is quite disturbing in the current economic situation of the country. This chapter has elaborated the application of advanced information and communication technologies of Industry 4.0 in the context of SMEs. Based on the requirements of Industry 4.0, this chapter has also explored the challenges faced by SMEs in Pakistan. The SMEs in Pakistan are presently coping the challenges such as limited access to finance, the undue compliance and excessive paperwork imposed by regulators, lacking mechanism of talent management, lacking skilled workforce, absence of networking and collaboration, mismanagement of raw material, and insufficient infrastructure.

The Position of Industry 4.0 in the Worldwide Logistics Chains

LOGI – Scientific Journal on Transport and Logistics ◽

10.2478/logi-2018-0003 ◽

2018 ◽

Vol 9 (1) ◽

pp. 18-23 ◽

Cited By ~ 8

Author(s):

Bibiana Bukova ◽

Eva Brumercikova ◽

Lenka Cerna ◽

Pawel Drozdziel

Keyword(s):

Industry 4.0 ◽

Global Economy ◽

Industrial Revolution ◽

Added Value ◽

New Information ◽

Basic Production ◽

Definition Of

Abstract Optimisation and stimulation of production, digital business, the fourth industrial revolution - this is how the current global economy is perceived. Continuous development of new information and communication technologies, economic globalisation, integration of financial markets, growing pressure on boosting higher added value, just as well as the ever- increasing differentiation of demand schemes became a challenge for the global economy. The article elaborates on the implementation of Industry 4.0 in the logistics, logistic chains as well as use of the Industry 4.0 in logistics. The article includes a new definition of logistics due to the Industry 4.0, which extends the basic production factors by a new term - „information“.

Geographical approach of Industry 4.0 based on information and communication technologies at Hungarian enterprises in connection with industrial space

Hungarian Geographical Bulletin ◽

10.15201/hungeobull.69.2.2 ◽

2020 ◽

Vol 69 (2) ◽

pp. 99-117

Author(s):

Éva Kiss ◽

Erzsébet Nedelka

Keyword(s):

Spatial Pattern ◽

Industry 4.0 ◽

Industrial Revolution ◽

Close Correlation ◽

Main Question ◽

Economic Space ◽

History Of

In the short history of Hungarian industry there were relevant changes several times, which had a great impact not only on industrial production and employment, but also on the spatial pattern of industry. After the regime change and latest economic crisis Industry 4.0 or/and the fourth industrial revolution mean(s) newer challenge. Due to information and communication technologies (ICT), which can be considered the basis of Industry 4.0 radical changes can be expected in all fields of life and numerous questions will emerge. The primary aim of this paper is to reveal the geography of older and newer information and communication technologies and their relationship with the spatial pattern of Hungarian industry. The main question is whether the digital divide follows the industrial divide in the Hungarian economic space or not. According to the analysis based on different ICT and industrial indicators, there is no close correlation between the digital and industrial spaces. The geography of Industry 4.0 is characterised by a sharp north-south division.

Start-Ups as One of the Elements Triggering the Development of Industry 4.0

MATEC Web of Conferences ◽

10.1051/matecconf/201929708002 ◽

2019 ◽

Vol 297 ◽

pp. 08002 ◽

Cited By ~ 1

Author(s):

Ryszard Pukala

Keyword(s):

Industry 4.0 ◽

Business Models ◽

Industrial Revolution ◽

Main Components ◽

Start Ups ◽

Push Model

The study analyses the significance of start-ups in the contemporary economy in the light of the industrial revolution – Industry 4.0. It presents the essence of the fourth industrial revolution and its main components that are aimed at creating intelligent value chains on the basis of dynamic, self-organising and self-optimising sociotechnical systems. Modern information and communication technologies that are increasingly integrated with production processes are used to this end. In this aspect, new digital client access channels are of key significance, as they allow departing from the traditional “push” model (pushing products into the market) and moving towards the “pull” model (production on demand). Start-ups play an important role as regards these relationships, since they operate in an ecosystem tailored to their needs and, as a result, they become more important in creating digital business models. These models, in turn, enable them to gain competitive advantage under volatile market conditions. Competition is an immanent feature of start-ups: operating under in an environment marked by high risk forces them to accept challenges that lead them to achieving market success and stable long-term development. The results of conducted analyses indicate that competition, treated as the main hazard for the operation and development of start-ups, depends on the developmental status of such enterprises and their market lifespan.

Engineering Education Trends in the Digital Era - Advances in Higher Education and Professional Development ◽

Emerging Technologies and Educational Requirements in Engineering Education for the Fourth Industrial Revolution

10.4018/978-1-7998-2562-3.ch002 ◽

2020 ◽

pp. 26-52

Author(s):

Issa Alghatrifi ◽

Ali S. Al Musawi

Keyword(s):

Engineering Education ◽

Industrial Revolution ◽

Emerging Technologies ◽

Vital Role ◽

Educational Requirements ◽

Effective Use

Higher education institutions and their engineering departments have a vital role in fulfilling the new requirements and opportunities of the information and communication technologies (ICT). Therefore, understanding the guidelines to adapt to the new ICT innovations in relation with the Fourth Industrial Revolution such as the internet of things, cloud computing, virtual reality, and artificial intelligence is vital to determine the emerging patterns in their development, delivery, implementation, and assessment. This study aims to define the new educational requirements in engineering education based on the developments of the Fourth Industrial Revolution. Conducting an in-depth analysis of the current literature revealed that although these emerging technologies have been widely used, there are some challenges being faced for their effective use in engineering education. Therefore, the authors provide some guidelines and discuss possible research directions for the use of these technologies in near future.