Technodata and the Need of a Responsible Industry 4.0

2019 ◽  
pp. 1-19 ◽  
Author(s):  
Raúl Tabarés Gutiérrez ◽  
Javier Echeverría Ezponda
Keyword(s):  
Value Chain ◽  
Industry 4.0 ◽  
Global Economy ◽  
Policy Support ◽  
Labor Rights ◽  
Competitive Advantages ◽  
New Paradigm ◽  
Trace Back ◽  
European Industry

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.

Technodata and the Need of a Responsible Industry 4.0

2021 ◽  
pp. 1788-1806
Author(s):  
Raúl Tabarés Gutiérrez ◽  
Javier Echeverría Ezponda
Keyword(s):  
Value Chain ◽  
Industry 4.0 ◽  
Global Economy ◽  
Policy Support ◽  
Labor Rights ◽  
Competitive Advantages ◽  
New Paradigm ◽  
Trace Back ◽  
European Industry

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.

THE VALUE CHAIN OF COMPETENCY MODEL FOR VIETNAMESE EDUCATIONAL MANAGERS IN THE INDUSTRY 4.0 REVOLUTION ERA

2018 ◽  
Author(s):  
Le Thi My Hanh ◽  
Luis Alfaro ◽  
Tran Phuong Thao
Keyword(s):  
Value Chain ◽  
Industry 4.0 ◽  
Global Economy ◽  
Value Added ◽  
Chain Model ◽  
Individual Level ◽  
The Social ◽  
Comprehensive Development ◽  
Model Of Competency ◽  
Personal Competencies

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.

scholarly journals THE IMPACT OF THE COVID-19 PANDEMIC ON INDUSTRY 4.0 IN THE CONTEXT OF GLOBAL ECONOMIC DEVELOPMENT

InterConf ◽  
2021 ◽  
pp. 54-59
Author(s):  
Bohdana Hunko
Keyword(s):  
Economic Development ◽  
Industry 4.0 ◽  
Global Economy ◽  
Industrial Revolution ◽  
Negative Consequences ◽  
Negative Effects ◽  
Technology Industry ◽  
World Economic ◽  
The Impact

The paper analyzes the role of Industry 4.0 in the process of overcoming the global economy from the crisis situation associated with the total Covid-19 pandemic. The aspect of economic profitability of using the technologies of the fourth industrial revolution to improve world economic development in the context of the Covid-19 pandemic was also identified. The author identified the positive and negative consequences of the involvement of technology Industry 4.0, on the basis of which a number of recommendations for small and medium-sized businesses were formed in order to quickly overcome the negative effects of the crisis. Based on the work, the author formulated a number of trends and prospects for global economic development, taking into account the current conditions of the Covid-19 pandemic.

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

2021 ◽  
Vol 13 (15) ◽  
pp. 8241
Author(s):  
Livio Cricelli ◽  
Serena Strazzullo
Keyword(s):  
Value Chain ◽  
Industry 4.0 ◽  
Global Economy ◽  
New Technologies ◽  
Descriptive Analysis ◽  
Digital Technologies ◽  
Production Cycle ◽  
Environmental Aspects ◽  
Systematic Analysis ◽  
Innovation And Entrepreneurship

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.

scholarly journals THE ROLE OF THE WORLD TRADE ORGANIZATION IN COUNTERING THE GROWTH OF PROTECTIONISM DURING THE COVID-19 PANDEMIC

2021 ◽  
pp. 64-76
Author(s):  
Viktoriia SIDLIAR
Keyword(s):  
World Trade Organization ◽  
World Trade ◽  
Global Economy ◽  
New Paradigm ◽  
Trade Restrictions ◽  
Trade Disputes ◽  
Trade Relations ◽  
The World ◽  
The Times

Introduction. The global economy has been shaken by a wave of protectionism, which has led to trade restrictions and a deterioration in world trade and GDP. The spread of coronavirus infection COVID-19 has put the international community in a state of uncertainty and unpredictability, and world trade in a state of crisis due to a record rate of decline. Sharp confrontations in trade relations between world leaders have called into question the ability of international arbitrators, such as the WTO, to resolve trade disputes on the basis of existing rules and agreements reached. Today, WTO members recognize the need to reform the organization. The purpose of the article is to research the role of the World Trade Organization in countering the spread of protectionist policies and the COVID-19 pandemic. Results. Modern tendencies of world trade and pragmatism of introduction of trade restrictions are considered. The key problems of the WTO institutional crisis are revealed and the need for its reform is determined. Conclusions. The WTO needs to be reformed in order to a more flexible structure that will better meet the demands of the times and perform its core functions more effectively, in particular, providing mechanisms for settling international trade disputes and developing and adopting world trade standards. Effective WTO reforms, the resumption of dialogue between members and the choice of achievable goals are the basis of a multilateral trading system that meets the needs of today’s digital economy and promotes economic growth. The result of WTO reforms should not be a new paradigm that is not based on trade liberalization, but the development of corrective tools that will support the benefits of this institution, meet current and future needs.

scholarly journals The potential of cluster development and the role of cluster support policies in Latvia

2011 ◽  
Vol 56 (191) ◽  
pp. 35-67 ◽  
Author(s):  
Vera Boronenko ◽  
Zane Zeibote
Keyword(s):  
Labour Force ◽  
Policy Support ◽  
Competitive Advantages ◽  
Regional Economies ◽  
Economic Sectors ◽  
Location Quotient ◽  
Cluster Development ◽  
Cluster Identification

The objective of this paper is to examine the role of institutional and policy support for cluster development, and the competitive advantages of regions based on regional labour force concentration. The tool of cluster identification in regional economies - Location Quotient (LQ) - has been applied to measure the concentration of the labour force in the main economic sectors of Latvia and Finland. This comparative analysis has shown that Finland has much stronger regional labour force concentration in certain sectors of the economy, which is not typical for Latvia and reveals that the regional economy of Latvia has much lower potential for cluster development and competitiveness in global markets. The results of this research confirm that governments should support cluster development to achieve sustainable long-term development based on natural growth poles, exploiting the potential of regional comparative advantages such as specific concentration of skills and knowledge (labour force), concentration of industries, natural resources, etc., but not concentrate on short-term priorities in cluster development.

Industry 4.0 as the Last Industrial Revolution and Its Opportunities for Developing Countries

2021 ◽  
pp. 1113-1128
Author(s):  
Egemen Hopali ◽  
Özalp Vayvay
Keyword(s):  
Developing Countries ◽  
Competitive Advantage ◽  
Emerging Economies ◽  
Value Chain ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Business Partners ◽  
The World ◽  
New Perspective

In this chapter, better understanding of Industry 4.0 is presented by investigating the role of different technologies and business partners on success of Industry 4.0. Enablers for smart factory are discussed in detail, and how to match these enablers with value chain partners of Industry 4.0 are identified as a new perspective on Industry 4.0. Furthermore, the aim of this chapter is to present actions to be taken from the point of the emerging economies to sustain and increase competitive advantage by catching and implementing Industry 4.0. Consequently, Industry 4.0 can enable developing countries to get a bigger slice of the world manufacturing value chain.

Schumpeterian Customers? How Active Users Co-create Innovations

2018 ◽  
Author(s):  
Gernot Grabher ◽  
Oliver Ibert
Keyword(s):  
Economic Geography ◽  
Value Creation ◽  
Value Chain ◽  
New Paradigm ◽  
Creation Process ◽  
Value Creation Process ◽  
Innovation Processes

Up until recently, the role of the customer in economic geography seems to have been confined to a passive recipient of products at the end of the value chain. Innovation, in particular, has been conceived as an affair within and between firms. More recently, however, this traditional perception has been challenged. Consumers, in fact, are no longer seen as mere buyers of commodities but are more and more perceived (and perceive themselves) as competent users who contribute valuable knowledge to innovation processes and who have the power and capacity to intervene at all stages in the value creation process. Value co-creation has emerged as a new paradigm that signifies this transformation of the role of consumers. The prime aim of this chapter is to map out the evolving terrain of value co-creation and to draw conclusions for economic geographical inquiry into innovation processes.

scholarly journals Technological solutions in Logistics 4.0

2021 ◽  
Vol 69 (6-7) ◽  
pp. 385-401
Author(s):  
Mladen Krstić ◽  
Snežana Tadić ◽  
Slobodan Zečević
Keyword(s):  
Value Chain ◽  
Industry 4.0 ◽  
Product Life Cycle ◽  
Industrial Revolution ◽  
New Technologies ◽  
Technological Development ◽  
Relevant Literature ◽  
Human Action ◽  
New Paradigm ◽  
Logistics Systems

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.

Digital retrofit: A first step toward the adoption of Industry 4.0 to the manufacturing systems of small and medium-sized enterprises

2020 ◽  
Vol 234 (8) ◽  
pp. 1156-1169 ◽  
Author(s):  
José I García ◽  
Ruth E Cano ◽  
Juan D Contreras
Keyword(s):  
Value Chain ◽  
Industry 4.0 ◽  
Manufacturing Systems ◽  
Manufacturing System ◽  
Manufacturing Sector ◽  
New Paradigm ◽  
Manufacturing Resources ◽  
Employment Generation ◽  
Large Investment ◽  
The Way

In recent years, Industry 4.0 has gained relevance in the manufacturing sector. On one hand, it is expected that this new paradigm will affect the entire value chain and increase the capabilities of the manufacturing system as a whole, in terms of interoperability and communication throughout factories and beyond. On the other hand, considering that small and medium-sized enterprises represent one of the main forces in economic development and employment generation, focus is shifting toward said manufacturing paradigm in order to ensure competitiveness in the market in the nearby future. However, economic factors could stand in the way of this migration. Thus, digital retrofit is seen as a possibility for the integration of Industry 4.0, paving the way for unappealing technologies to large investment opportunities. In this article, a thorough literary review is performed regarding the formal implementation of Industry 4.0 applications. The result is the Asset Administration Shell model. Afterward, a methodology is proposed for the design and implementation of the Asset Administration Shell, leading to a digital retrofit approach for manufacturing resources. Finally, the methodology is applied in a turning station, thereby validating an increase in the communication and interoperability of the station, which can be used to add overall value to the manufacturing system.

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