Ludbrook, Frances

Business models for sustainable innovation in industry 4.0: Smart manufacturing processes, digitalization of production systems, and data-driven decision making / Frances Ludbrook ... [et al.]. -- © 2019, Addleton Academic Publishers. All rights reserved. Despite the relevance of business models for sustainable innovation in Industry 4.0, only limited research has been conducted on this topic. Using and replicating data from Ad Hoc Research, BCG, BDO, Capgemini, CIO, EY, and McKinsey, we performed analyses and made estimates regarding the effects of Industry 4.0 on the workforce (%), advanced technologies manufacturers are planning to use (%), and average realized overall productivity gains from smart factories so far (%). The results of a study based on data collected from 5,200 respondents provide support for our research model. Using the structural equation modeling and employing the probability sampling technique, we gathered and analyzed data through a self-administrated questionnaire.

In Journal of Self-Governance and Management Economics. -- New York : Addleton Academic Publishers, 2019. -- ISSN 2329-4175. -- ISSN 2377-0996. -- Vol. 7, no. 3 (2019), pp. 21-26