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This edited volume brings together a group of expert contributors to explorebthe opportunities and the challenges that Industry 4.0 (smart manufacturing) is likely to pose for regions, fi rms and jobs in Europe. Drawing on theory and empirical cases, it considers emerging issues like servitization, new innovation models for local production systems and the increase in reshoring. Industry 4.0 and Regional Transformations captures the complexity of this new manufacturing model in an accessible way and considers its implications for the future. It will be essential reading for advanced students and researchers and policy makers in regional studies, industrial policy, economic geography, innovation studies, operations management and engineering.
Book Synopsis Industry 4.0 and Regional Transformations by : Lisa De Propris
Download or read book Industry 4.0 and Regional Transformations written by Lisa De Propris and published by Routledge. This book was released on 2020-04-07 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume brings together a group of expert contributors to explorebthe opportunities and the challenges that Industry 4.0 (smart manufacturing) is likely to pose for regions, fi rms and jobs in Europe. Drawing on theory and empirical cases, it considers emerging issues like servitization, new innovation models for local production systems and the increase in reshoring. Industry 4.0 and Regional Transformations captures the complexity of this new manufacturing model in an accessible way and considers its implications for the future. It will be essential reading for advanced students and researchers and policy makers in regional studies, industrial policy, economic geography, innovation studies, operations management and engineering.
The information age is reshaping current socio-economic structures and processes and this book touches upon the nature of clusters in the fourth industrial revolution (Industry 4.0; I4.0). It focuses on the spatial perspective of digital business transformation and explores in natural context the interrelations between cluster and I4.0. It investigates the role of knowledge, business relations and policy in making cluster relevant for Industry 4.0 and uses the case study method and literature review to develop a conceptual framework outlining the functioning of Industry 4.0 cluster. This book argues that locally embedded knowledge accompanied by strong presence of industry and assisted by proper governance management facilitate the implementation of I4.0. The idiosyncrasies of Industry 4.0 impact also the functioning of cluster as they require more interdisciplinary integrative approach with the provision of industrial commons and development of related varieties. Natural processes of stretching of the cluster cannot be prevented, but should be harnessed for upgrading the core competences of cluster. This book can enrich existing literature on economic geography and regional studies by discussing the spatial aspects of digital transformation. It shows the cluster transformation as induced by the digital transformation, and will be of interest to researchers, academics, policymakers, and students who explore the regional and local development, competitiveness, or managerial aspects of fourth industrial revolution.
Book Synopsis Clusters, Digital Transformation and Regional Development in Germany by : Marta Götz
Download or read book Clusters, Digital Transformation and Regional Development in Germany written by Marta Götz and published by Routledge. This book was released on 2021-04-11 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: The information age is reshaping current socio-economic structures and processes and this book touches upon the nature of clusters in the fourth industrial revolution (Industry 4.0; I4.0). It focuses on the spatial perspective of digital business transformation and explores in natural context the interrelations between cluster and I4.0. It investigates the role of knowledge, business relations and policy in making cluster relevant for Industry 4.0 and uses the case study method and literature review to develop a conceptual framework outlining the functioning of Industry 4.0 cluster. This book argues that locally embedded knowledge accompanied by strong presence of industry and assisted by proper governance management facilitate the implementation of I4.0. The idiosyncrasies of Industry 4.0 impact also the functioning of cluster as they require more interdisciplinary integrative approach with the provision of industrial commons and development of related varieties. Natural processes of stretching of the cluster cannot be prevented, but should be harnessed for upgrading the core competences of cluster. This book can enrich existing literature on economic geography and regional studies by discussing the spatial aspects of digital transformation. It shows the cluster transformation as induced by the digital transformation, and will be of interest to researchers, academics, policymakers, and students who explore the regional and local development, competitiveness, or managerial aspects of fourth industrial revolution.
The Regional Economics of Technological Transformations provides a comprehensive overview of 4.0 technological transformations in Europe and their socio-economic impact, with a particular emphasis on the regional dimension of the phenomena. The authors employ extensive original data and robust quantitative methods to analyse technological change in all regions of the 27 EU countries plus the UK and shed light on this trend for Europe and beyond. Structured in four parts, the book first looks at conceptual definitions, empirical measurements and expected impacts on both the economic performance (GDP and productivity growth) and the labour market, and then moves on to analyse where 4.0 technological transformation actually takes place in Europe and the reasons for this. Next, it offers original empirical evidence on the impacts of the different transformations, and of their intertwined effects, on both the economy and the society. Finally, the book explores the policy implications of this technological transformation. This book will be valuable reading for advanced students, researchers and policymakers working across regional economics, industrial economics and innovation policy. It will be of primary interest to regional scientists interested in the field, who may enjoy the conceptual and empirical solutions to the study of a very complex, timely and still largely unexplored theme. Sociologists, engineers and political economists can benefit from the book’s analysis, noting the urgency of the development of new ethical rules governing the new digital and labour markets. Finally, the book may appeal to policymakers interested in opportunities to increase regional competitiveness and sustainability goals through the advent of 4.0 technologies.
Book Synopsis The Regional Economics of Technological Transformations by : Roberta Capello
Download or read book The Regional Economics of Technological Transformations written by Roberta Capello and published by Routledge. This book was released on 2021-08-30 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Regional Economics of Technological Transformations provides a comprehensive overview of 4.0 technological transformations in Europe and their socio-economic impact, with a particular emphasis on the regional dimension of the phenomena. The authors employ extensive original data and robust quantitative methods to analyse technological change in all regions of the 27 EU countries plus the UK and shed light on this trend for Europe and beyond. Structured in four parts, the book first looks at conceptual definitions, empirical measurements and expected impacts on both the economic performance (GDP and productivity growth) and the labour market, and then moves on to analyse where 4.0 technological transformation actually takes place in Europe and the reasons for this. Next, it offers original empirical evidence on the impacts of the different transformations, and of their intertwined effects, on both the economy and the society. Finally, the book explores the policy implications of this technological transformation. This book will be valuable reading for advanced students, researchers and policymakers working across regional economics, industrial economics and innovation policy. It will be of primary interest to regional scientists interested in the field, who may enjoy the conceptual and empirical solutions to the study of a very complex, timely and still largely unexplored theme. Sociologists, engineers and political economists can benefit from the book’s analysis, noting the urgency of the development of new ethical rules governing the new digital and labour markets. Finally, the book may appeal to policymakers interested in opportunities to increase regional competitiveness and sustainability goals through the advent of 4.0 technologies.
This book includes studies on regions, industries and tendencies of industrial change and spatial concentration of competences and industrial potentials. The chapters in this volume provide for discussions concerning a wider understanding of situations related to Industry 4.0 and digitization. It also reaches out further than towards technology and economy because it includes regional and metropolitan societies, workforces and the divergencies of effects and opportunities. Industry 4.0 and digitization are new transformations for regions and metropolises where technologies are applied but regionally can appear as a continuation of innovative processes where it is developed. The divergent presence of competences creates a selectivity process among regions. There are individual industry-location-nexuses formed out of competences of industries, labour force and research which are complemented by public policies providing support towards such adaptation of innovation and change. Regional societies formed from skilled and educated labour become an important basis for participation in innovation and supply chains. Since smart factories widely can be managed remotely, this also shows a concentration of decision making. Simultaneously, it forms a polycentric de-concentration, indicating some more important locations as central within the networks. These systematic changes continue to deepen over time. While public policies may match innovative opportunities at the appropriate moment, they also contribute to a continuation of uneven development and divergent societal tendencies. Industry 4.0 and digitization indicate a wide and selective change of organization associated with new technologies and innovation. While some regions and metropolises can continue to build both innovative competences and innovative societies based on innovative labour force, others will participate because of their position in supply chains. The chapters in this book were originally published as a special issue of the journal, European Planning Studies.
Book Synopsis Industry 4.0 and Digitization by : Ulrich Hilpert
Download or read book Industry 4.0 and Digitization written by Ulrich Hilpert and published by Routledge. This book was released on 2022-06-15 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book includes studies on regions, industries and tendencies of industrial change and spatial concentration of competences and industrial potentials. The chapters in this volume provide for discussions concerning a wider understanding of situations related to Industry 4.0 and digitization. It also reaches out further than towards technology and economy because it includes regional and metropolitan societies, workforces and the divergencies of effects and opportunities. Industry 4.0 and digitization are new transformations for regions and metropolises where technologies are applied but regionally can appear as a continuation of innovative processes where it is developed. The divergent presence of competences creates a selectivity process among regions. There are individual industry-location-nexuses formed out of competences of industries, labour force and research which are complemented by public policies providing support towards such adaptation of innovation and change. Regional societies formed from skilled and educated labour become an important basis for participation in innovation and supply chains. Since smart factories widely can be managed remotely, this also shows a concentration of decision making. Simultaneously, it forms a polycentric de-concentration, indicating some more important locations as central within the networks. These systematic changes continue to deepen over time. While public policies may match innovative opportunities at the appropriate moment, they also contribute to a continuation of uneven development and divergent societal tendencies. Industry 4.0 and digitization indicate a wide and selective change of organization associated with new technologies and innovation. While some regions and metropolises can continue to build both innovative competences and innovative societies based on innovative labour force, others will participate because of their position in supply chains. The chapters in this book were originally published as a special issue of the journal, European Planning Studies.
Book Synopsis Regional Transformation and Industrial Revolution by : Derek Gregory
Download or read book Regional Transformation and Industrial Revolution written by Derek Gregory and published by Palgrave. This book was released on 1982 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt:
This book focuses on how digital technologies and rapid developments in artificial intelligence are shaping a new generation of cyber-physical systems based on the convergence among robots, sensors, and 3D printing. The book tells a story based on data and indicators to compare the resilience to this transformation in some key manufacturing regions. As a specific case study, the book discusses in length the transformation of the manufacturing processes in the Italian automotive industry. The authors conclude the book by providing policy implications for regions and cities.
Book Synopsis Resilience and Digital Disruption by : Aldo Geuna
Download or read book Resilience and Digital Disruption written by Aldo Geuna and published by Springer Nature. This book was released on 2021-12-01 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on how digital technologies and rapid developments in artificial intelligence are shaping a new generation of cyber-physical systems based on the convergence among robots, sensors, and 3D printing. The book tells a story based on data and indicators to compare the resilience to this transformation in some key manufacturing regions. As a specific case study, the book discusses in length the transformation of the manufacturing processes in the Italian automotive industry. The authors conclude the book by providing policy implications for regions and cities.
The Regional Economics of Technological Transformations provides a comprehensive overview of 4.0 technological transformations in Europe and their socio-economic impact, with a particular emphasis on the regional dimension of the phenomena. The authors employ extensive original data and robust quantitative methods to analyse technological change in all regions of the 27 EU countries plus the UK and shed light on this trend for Europe and beyond. Structured in four parts, the book first looks at conceptual definitions, empirical measurements and expected impacts on both the economic performance (GDP and productivity growth) and the labour market, and then moves on to analyse where 4.0 technological transformation actually takes place in Europe and the reasons for this. Next, it offers original empirical evidence on the impacts of the different transformations, and of their intertwined effects, on both the economy and the society. Finally, the book explores the policy implications of this technological transformation. This book will be valuable reading for advanced students, researchers and policymakers working across regional economics, industrial economics and innovation policy. It will be of primary interest to regional scientists interested in the field, who may enjoy the conceptual and empirical solutions to the study of a very complex, timely and still largely unexplored theme. Sociologists, engineers and political economists can benefit from the book’s analysis, noting the urgency of the development of new ethical rules governing the new digital and labour markets. Finally, the book may appeal to policymakers interested in opportunities to increase regional competitiveness and sustainability goals through the advent of 4.0 technologies.
Book Synopsis The Regional Economics of Technological Transformations by : Roberta Capello
Download or read book The Regional Economics of Technological Transformations written by Roberta Capello and published by Taylor & Francis. This book was released on 2021-08-30 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Regional Economics of Technological Transformations provides a comprehensive overview of 4.0 technological transformations in Europe and their socio-economic impact, with a particular emphasis on the regional dimension of the phenomena. The authors employ extensive original data and robust quantitative methods to analyse technological change in all regions of the 27 EU countries plus the UK and shed light on this trend for Europe and beyond. Structured in four parts, the book first looks at conceptual definitions, empirical measurements and expected impacts on both the economic performance (GDP and productivity growth) and the labour market, and then moves on to analyse where 4.0 technological transformation actually takes place in Europe and the reasons for this. Next, it offers original empirical evidence on the impacts of the different transformations, and of their intertwined effects, on both the economy and the society. Finally, the book explores the policy implications of this technological transformation. This book will be valuable reading for advanced students, researchers and policymakers working across regional economics, industrial economics and innovation policy. It will be of primary interest to regional scientists interested in the field, who may enjoy the conceptual and empirical solutions to the study of a very complex, timely and still largely unexplored theme. Sociologists, engineers and political economists can benefit from the book’s analysis, noting the urgency of the development of new ethical rules governing the new digital and labour markets. Finally, the book may appeal to policymakers interested in opportunities to increase regional competitiveness and sustainability goals through the advent of 4.0 technologies.
This book provides a comprehensive guide to Industry 4.0 applications, not only introducing implementation aspects but also proposing a conceptual framework with respect to the design principles. In addition, it discusses the effects of Industry 4.0, which are reflected in new business models and workforce transformation. The book then examines the key technological advances that form the pillars of Industry 4.0 and explores their potential technical and economic benefits using examples of real-world applications. The changing dynamics of global production, such as more complex and automated processes, high-level competitiveness and emerging technologies, have paved the way for a new generation of goods, products and services. Moreover, manufacturers are increasingly realizing the value of the data that their processes and products generate. Such trends are transforming manufacturing industry to the next generation, namely Industry 4.0, which is based on the integration of information and communication technologies and industrial technology.The book provides a conceptual framework and roadmap for decision-makers for this transformation
Book Synopsis Industry 4.0: Managing The Digital Transformation by : Alp Ustundag
Download or read book Industry 4.0: Managing The Digital Transformation written by Alp Ustundag and published by Springer. This book was released on 2017-09-14 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive guide to Industry 4.0 applications, not only introducing implementation aspects but also proposing a conceptual framework with respect to the design principles. In addition, it discusses the effects of Industry 4.0, which are reflected in new business models and workforce transformation. The book then examines the key technological advances that form the pillars of Industry 4.0 and explores their potential technical and economic benefits using examples of real-world applications. The changing dynamics of global production, such as more complex and automated processes, high-level competitiveness and emerging technologies, have paved the way for a new generation of goods, products and services. Moreover, manufacturers are increasingly realizing the value of the data that their processes and products generate. Such trends are transforming manufacturing industry to the next generation, namely Industry 4.0, which is based on the integration of information and communication technologies and industrial technology.The book provides a conceptual framework and roadmap for decision-makers for this transformation
World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
Book Synopsis The Fourth Industrial Revolution by : Klaus Schwab
Download or read book The Fourth Industrial Revolution written by Klaus Schwab and published by Currency. This book was released on 2017-01-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
This book focuses on industrial development, design, implementation, and transformation using technologies such as Artificial Intelligence, Machine Learning, the Internet of Things (IoT), Big Data Analysis, and Blockchain. It incorporates complex processes, functions, and various other elements as one central component of digital systems. Industrial Transformation: Implementation and Essential Components and Processes of Digital Systems discusses the industry transformation aligned with the computerization of manufacturing and the required skills needed to build a new workforce. This book covers the role that AI plays in the management of resource flow and decision-making in the transformation of operations, as well as supply chain management. It presents sustainability and efficiency with IoT, Machine Learning, Data Analysis, and Blockchain technologies as it focuses on industrial development, design, and implementation. This book showcases the incorporation of complex processes and functions as one central component of digital systems and explores current trends that are working to accelerate industrial transformation. Case studies are also included, depicting the technologies that are influencing the transition into the fourth Industrial Revolution, such as industrial infrastructure, biodiversity, and enhanced productivity. This book is aimed at researchers, scholars, and students that require real-time knowledge and applications where the transformation and implementation of digital systems in the manufacturing sector are needed.
Book Synopsis Industrial Transformation by : Om Prakash Jena
Download or read book Industrial Transformation written by Om Prakash Jena and published by CRC Press. This book was released on 2022-05-09 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on industrial development, design, implementation, and transformation using technologies such as Artificial Intelligence, Machine Learning, the Internet of Things (IoT), Big Data Analysis, and Blockchain. It incorporates complex processes, functions, and various other elements as one central component of digital systems. Industrial Transformation: Implementation and Essential Components and Processes of Digital Systems discusses the industry transformation aligned with the computerization of manufacturing and the required skills needed to build a new workforce. This book covers the role that AI plays in the management of resource flow and decision-making in the transformation of operations, as well as supply chain management. It presents sustainability and efficiency with IoT, Machine Learning, Data Analysis, and Blockchain technologies as it focuses on industrial development, design, and implementation. This book showcases the incorporation of complex processes and functions as one central component of digital systems and explores current trends that are working to accelerate industrial transformation. Case studies are also included, depicting the technologies that are influencing the transition into the fourth Industrial Revolution, such as industrial infrastructure, biodiversity, and enhanced productivity. This book is aimed at researchers, scholars, and students that require real-time knowledge and applications where the transformation and implementation of digital systems in the manufacturing sector are needed.
