TY - JOUR
T1 - Rethinking Industry 4.0
T2 - Is there life beyond manufacturing?
AU - Ferrás-Hernández, X.
N1 - Publisher Copyright:
© 2020 Inderscience Enterprises Ltd.. All rights reserved.
PY - 2020
Y1 - 2020
N2 - Industry 4.0 is a concept born within the business and institutional domain. As a result of its popularity, it has been a focus of academic research since 2012. Industry 4.0 is the result of the convergence of different digital technologies in industrial productive systems. It refers to a digitised model of manufacturing, but there is no consensus on what exactly Industry 4.0 is, where its borders are, what organisational domains it comprises, or what technologies support this model. In practical terms, any company operating under an Industry 4.0 framework is subjected to intense technological change. Therefore, Industry 4.0 must be understood as a dynamic and evolving concept. From the academic perspective, it is necessary to clarify the term, understand the underlying factors and connect Industry 4.0 with other management research streams, such as digital transformation, open innovation or corporate venturing. At the crossroads between Industry 4.0 and these fields, new research opportunities appear.
AB - Industry 4.0 is a concept born within the business and institutional domain. As a result of its popularity, it has been a focus of academic research since 2012. Industry 4.0 is the result of the convergence of different digital technologies in industrial productive systems. It refers to a digitised model of manufacturing, but there is no consensus on what exactly Industry 4.0 is, where its borders are, what organisational domains it comprises, or what technologies support this model. In practical terms, any company operating under an Industry 4.0 framework is subjected to intense technological change. Therefore, Industry 4.0 must be understood as a dynamic and evolving concept. From the academic perspective, it is necessary to clarify the term, understand the underlying factors and connect Industry 4.0 with other management research streams, such as digital transformation, open innovation or corporate venturing. At the crossroads between Industry 4.0 and these fields, new research opportunities appear.
KW - Advanced manufacturing
KW - Artificial intelligence
KW - Corporate venturing
KW - Digital transformation
KW - Industry 4.0
KW - Internet of things
KW - IoT
KW - New business models
KW - Open innovation
UR - http://www.scopus.com/inward/record.url?scp=85097011720&partnerID=8YFLogxK
U2 - 10.1504/IJBE.2020.111403
DO - 10.1504/IJBE.2020.111403
M3 - Article
AN - SCOPUS:85097011720
SN - 1740-0589
VL - 11
SP - 404
EP - 416
JO - International Journal of Business Environment
JF - International Journal of Business Environment
IS - 4
ER -