Fourth Industrial Revolution (4IR) in the Global South

2021 ◽  
pp. 259-278
Author(s):  
Unathi Sonwabile Henama ◽  
Portia Pearl Siyanda Sifolo
Keyword(s):  
Research Method ◽  
Industrial Revolution ◽  
Global South ◽  
Tourism Industry ◽  
Future Trends ◽  
Tourism Research ◽  
Fourth Industrial Revolution ◽  
Literature Reviews ◽  
The Future ◽  
The Common

Future trends within the field of tourism research vary, whilst the predictions continue to be at the forefront of the discussions among the tourism practitioners and researchers. The change is so evident and continues to accelerate at a tremendous speed while at the same time the tourism industry remains fragmented and interdisciplinary. This chapter intends to present the view from the global south on the fourth industrial revolution concept in the tourism industry. Reviewing the literature on tourism and the 4IR as a research method is more relevant than ever because literature reviews play an important role as a foundation for all types of research. The future trends in the tourism industry are highlighted in this chapter, together with the common pitfalls and advantages of the 4IR in the tourism industry.

scholarly journals A REPRESENTATIVE REVIEW OF FUZZY LOGIC APPLICATIONS IN TOURISM RESEARCH

2020 ◽  
pp. 324-336
Author(s):  
J. Eugene
Keyword(s):  
Fuzzy Logic ◽  
Real Life ◽  
Dynamic Modelling ◽  
Computing Methods ◽  
Tourism Industry ◽  
Holistic View ◽  
Tourism Research ◽  
Course Of Action ◽  
The Future ◽  
Research Studies

Tourism offers many tangible benefits to society with the industry playing an important contributory role in the growth and development of the domestic economy. The quantum of research studies on tourism has increased substantially over the last twenty years in tandem with the upward trajectory of the global tourist industry. The many different dimensions and aspects of tourism have been explored by a wide and varied spectrum of research studies. As the entire world came to a standstill with the Covid-19 pandemic induced global lockdown, tourism research witnessed a steady growth in research publications although the industry itself as well as the intertwined hotel and hospitality sector were crippled by a miniscule virus and left battling for their very survival. This increased quantum of literary publication was particularly evident in Scopus and Web of Science which put forth several notable publications on the changing dynamics of the tourism industry. The present study is envisaged to offer a holistic view of the future growth trends of the tourism industry, which has been forced to rethink the very fabric of its functioning and reinvent itself to adapt to a changed environment that curbs the social interaction that the industry depends on to function. Fuzzy logic, a mathematical modelling that can predict outcomes based on inputted data, has gained a lot of attention in recent years as it is an effective tool that can be deployed to envisage a course of action for future scenarios and devise feasible solutions that can help tackle uncertain and ambiguous situations. The current research paper, comprehensively reviews highly cited noteworthy articles on fuzzy logic and its application in tourism, to offer a good understanding of the applications and advantages of this dynamic modelling tool whose use in a number of different fields may soon make it indispensable to research and development. This qualitative paper is constructed on the basis of content analysis of numerous important articles that were reviewed in-depth. Based on the observations and findings of the study, research directions for the future are proffered. This paper is novel in that it focuses on one particular segment of research, i.e. new computing methods based on fuzzy logic, and can greatly help upcoming researchers to explore the large number of real-life applications of this extremely useful tool and add meaningful knowledge to the existing literature with further research in the field of fuzzy logic models.

scholarly journals HUMAN CAPITAL AND ITS ROLE IN THE FOURTH INDUSTRIAL REVOLUTION

2021 ◽  
Author(s):  
Yelyzaveta Snitko ◽  
Yevheniia Zavhorodnia
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Labor Market ◽  
Technological Change ◽  
Industrial Revolution ◽  
Skilled Workers ◽  
Fourth Industrial Revolution ◽  
Modern Economy ◽  
The Future ◽  
The Impact

The development of a modern economy, in the context of the fourth industrial revolution, is impossible without the accumulation and development of human capital, since the foundation of the transformation of the economic system in an innovative economy is human capital. In this regard, the level of development and the efficiency of using human capital are of paramount importance. This article attempts to assess the role of human capital in the fourth industrial revolution. In the future, human talent will play a much more important role in the production process than capital. However, it will also lead to a greater division of the labor market with a growing gap between low-paid and high-paid jobs, and will contribute to an increase in social tensions. Already today, there is an increase in demand for highly skilled workers, especially in high-income countries, with a decrease in demand for workers with lower skills and lower levels of education. Analysis of labor market trends suggests that the future labor market is a market where there is simultaneously a certain demand for both higher and lower skills and abilities, combined with the devastation of the middle tier. The fourth industrial revolution relies heavily on the concept of human capital and the importance of finding complementarity between human and technology. In assessing the impact of the fourth industrial revolution, the relationship between technology, economic growth and human resources was examined. The analysis was carried out in terms of three concepts of economic growth, technological change and human capital. Human capital contributes to the advancement of new technologies, which makes the concept of human capital an essential factor in technological change. The authors emphasize that the modern economy makes new demands on workers; therefore it is necessary to constantly accumulate human capital, develop it through continuous learning, which will allow the domestic economy to enter the trajectory of sustainable economic growth. The need to create conditions for a comprehensive increase in the level of human capital development is noted.

Adjustment of enterprises to the requirements of the fourth industrial revolution – regional approach

2021 ◽  
Vol 66 (1) ◽  
pp. 32-48
Author(s):  
Andrzej Sokołowski ◽  
Małgorzata Markowska
Keyword(s):  
Experimental Research ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Composite Indicator ◽  
Composite Indicators ◽  
Regional Approach ◽  
Fourth Industrial Revolution ◽  
The Future

The aim of the paper is to propose a composite indicator characterising the level of development of Polish NUTS 2 regions with respect to the implementation and results of the changes the fourth industrial revolution (Industry 4.0) entails, and to present a ranking of regions illustrating the degree to which enterprises have adjusted to the requirements of Industry 4.0. Data used for the calculations have been based on the results of an experimental research conducted by Statistics Poland (GUS) in 2019. Two methods for constructing the composite indicators have been used – classical and iterative which is to assess the indicator’s resilience to the influence of any potential outliers. 10 sub-criteria, covered by 21 variables have been taken into account. Opolskie region appeared to be the best NUTS 2 region in Poland in terms of the implementation of the requirements outlined by Industry 4.0. The evaluation of the proposed composite indicator will be possible when comparing it with the results of similar surveys carried out by GUS in the future.

Disruptions of the Fourth Industrial Revolution

2021 ◽  
pp. 189-199
Author(s):  
Idris Olayiwola Ganiyu ◽  
Ola Olusegun Oyedele ◽  
Evelyn Derera
Keyword(s):  
Artificial Intelligence ◽  
Technological Innovation ◽  
Industrial Revolution ◽  
Technological Innovations ◽  
Fourth Industrial Revolution ◽  
Skill Gaps ◽  
The World ◽  
The Future ◽  
The Impact ◽  
And Robotics

The Fourth Industrial Revolution has resulted in the disruption of the world of work whereby technological innovation such as artificial intelligence (AI) and robotics. These disruptions may be creative in that as some jobs are lost due to the development of artificial intelligence, new ones are created. This chapter explored the impact of disruptive technological innovations on the future of work. The skill gaps brought about by the emergence of the Fourth Industrial Revolution was also explored in this chapter.

Corporate Governance and the Future of Work, Work-Family Satisfaction, and Employee Well-Being

2021 ◽  
pp. 1-11
Author(s):  
Alfred Kent Van Cleave
Keyword(s):  
Corporate Governance ◽  
Industrial Revolution ◽  
Work Satisfaction ◽  
Well Being ◽  
Family Satisfaction ◽  
Future Of Work ◽  
Fourth Industrial Revolution ◽  
The Future ◽  
Work Family

This chapter examines the issues of work satisfaction, employee well-being, and the future of work from the perspective of and as impacted by two prominent and contemporary models of corporate governance. It begins with an examination of work satisfaction and leadership, informed by motivation, leadership, and workplace attachment theories, then discusses how these theories have been impacted by changes in corporate governance. Present-day implications of corporate governance on work satisfaction and well-being are examined, followed by the implications of these considerations for the future of work in the fourth industrial revolution.

Digital Transformation and Industry 4.0

2021 ◽  
pp. 1-17
Author(s):  
Hanaa Abdulraheem Yamani ◽  
Waleed Tageldin Elsigini
Keyword(s):  
Customer Service ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Digital Transformation ◽  
Fourth Industrial Revolution ◽  
Industrial Companies ◽  
The Future ◽  
Information And Communication ◽  
Definition Of

The current era is witnessing many changes on various levels. The information and communication revolutions are considered one of the important changes which has cast a shadow over how different institutions in society work via the phenomenon of digitization. As some of the most important institutions of society, industrial companies have been responding to this phenomenon of digital transformation to improve products and customer service while achieving a significant profitable return. This response by these institutions to the digital transformation has resulted in the emergence of the so-called fourth industrial revolution. In this context, this chapter reviews the definition of digital transformation as well as its dimensions, benefits, and obstacles. It also comments on the future of digital transformation and its relationship with industry. Ultimately it presents the fourth industrial revolution in terms of its definition, history, criteria, benefits, and the challenges it faces moving into the future.

Accessible@tourism 4.0

2021 ◽  
pp. 1444-1463
Author(s):  
Pedro Teixeira ◽  
Leonor Teixeira ◽  
Celeste Eusébio
Keyword(s):  
Industry 4.0 ◽  
Essential Role ◽  
Industrial Revolution ◽  
Tourism Industry ◽  
Fourth Industrial Revolution ◽  
Tourism Sector ◽  
Challenges And Opportunities ◽  
The Government ◽  
Set Up

This chapter describes how Tourism 4.0 is a concept that combines tourism and the fourth industrial revolution, and although the literature in this field is very scarce, this concept has been explored in some research projects, such as the government-sponsored research project in Slovenian tourism. People with various kinds of access requirements represent a combination of challenges and opportunities for the tourism industry. Tourism 4.0 set up the main goals of making tourism accessible to everyone at any time. Therefore, this new phenomenon may have an essential role in the development of accessible tourism. The adoption of technological components in accessible tourism enables the development of a new technological solution that can facilitate access to tourism products for disabled people, contributing to the development of accessible tourism. The new term Accessible@Tourism 4.0 is the answer to the role of the fourth industrial revolution in accessible tourism, emphasizing the effect of Industry 4.0 components in the tourism sector.

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