Industrial Revolution 4.0: Economic Foundations and Practical Implications

The Fourth Industrial Revolution, driven by Revolution 4.0, is causing economic models and business practices to become less sustainable. This book examines the future and flexibility of the labor market, the emergence of new patterns of production and distribution, and the impact on the global business services sector and business project management models. It covers a broad spectrum of concerns, including social, economic, technological, and environmental, and offers state-of-the-art knowledge and perspectives for the development of Revolution 4.0 in the post-pandemic world.

Format: Hardback
Length: 246 pages
Publication date: 28 September 2022
Publisher: Taylor & Francis Ltd

The profound transformations that the economy and society have undergone over the past several decades have gained increasing momentum, particularly in recent years, driven by a multitude of factors, including the unprecedented impact of the coronavirus pandemic. While the full consequences of this global crisis are still unfolding, it has become evident that certain economic models and business practices are becoming less sustainable. One of the primary drivers of this shift is the rapid advancement of the Fourth Industrial Revolution (Revolution 4.0). This transformative technological era is reshaping the very fabric of society and economy, presenting both opportunities and challenges.

The issues raised in this book are of paramount importance in understanding the theoretical and practical dimensions of Revolution 4.0 and its profound impact on emerging socio-economic relations. The book delves into the future and flexibility of the labor market in the age of digital transformation, exploring the challenges and opportunities that arise from the rapid adoption of new technologies and business models. It also examines the emergence of new patterns of production and distribution of public services, as well as the impact of Revolution 4.0 on the global business services sector and business project management models, particularly in the context of increasing complexity.

In addition to its focus on Industry 4.0, the book addresses a wide range of concerns associated with this transformative era, including social, economic, technological, and environmental aspects. By providing a comprehensive resource that covers these diverse topics, the book offers state-of-the-art knowledge and insights into the challenges and opportunities that lie ahead. Furthermore, the book includes a thoughtful discussion on the perspectives for the development of Revolution 4.0 in the post-pandemic world, recognizing the need for resilience, adaptability the adaptability, and innovation in navigating the uncertain terrain of the future.

This book stands out as a valuable, engaging, and accessible resource for researchers, scholars, students, policymakers, public decision-makers, and businesspeople alike. It skillfully combines theoretical considerations with practical applications, providing a comprehensive framework for understanding and navigating the complex terrain of Revolution 4.0. By offering a holistic perspective on the transformative implications of this technological era, the book empowers individuals and organizations to adapt and thrive in the rapidly changing world of today and tomorrow.

Weight: 640g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032205632