Analysis of the factors affecting the Industry 4.0 tendency with the structural equation model and an application

Kiraz, Alper; Canpolat, Onur; Özkurt, Cem; Taşkın, Harun

doi:10.1016/j.cie.2020.106911

Cited by 70 publications

(47 citation statements)

References 15 publications

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“…Bu metot, gözlenen ve gizli değişkenleri aynı anda içermesiyle doğrulayıcı faktör analizi ve yol analizinin birleşmiş hali olarak tanımlanmaktadır. Doğrulayıcı faktör analizi, oluşturulan modellerin veri kümesi üzerinde doğrulanıp doğrulanmadığını test ederken; yol analizi, gözlemlenen değişkenler arasında, eş zamanlı birçok regresyon eşitliğinin çözümlemesidir [25]. Başka bir ifade ile YEM gizli değişkenler arasındaki direkt veya dolaylı ilişkileri gösterir.…”

Section: Araştirma Yöntemi̇ (Research Methodolo Gy)unclassified

Investigation of dispute factors and effects on construction projects arising from Covid-19 pandemic as a force majeure event

Aladağ

Demirdöğen

Işık

2021

Gazi Üniversitesi Mühendislik Mimarlık Fakültesi Dergisi

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Investigation of the dispute factors and their effects on construction projects that are arising from Covid-19  Determination of the relations between the dispute factors and their effects using Structural Equation Modeling (SEM) method  Identification of approaches that should be applied to reduce the effects of the disputes arising from Covid-19 in construction projectsFigure A. Results of Structural Equation Modeling AnalysisPurpose: The purpose of this study is to investigate the effects of Covid-19 on the construction projects in terms of contractual relations between the parties of construction projects.Theory and Methods: Within the scope of this study, data was collected from a total number of 173 construction projects that were carried out by Turkish construction companies. Then, collected data was analyzed by using Structural Equation Modeling (SEM) method to determinate the relations between the dispute factors and their effects that are arising from Covid-19 as a force majeure factor.Results: Results of the SEM analysis show that "dispute factors arising from contract and claims" affect "project-based dispute factors" whereas "project-based dispute factors" affect "dispute factors arising from financial factors". Key dispute factors to be cognizant of are "progress payments", "failure in claim notifications of contractors within the relevant period following the occurrence of pandemic in written form" and "failure in implementing quality monitoring and control processes due to lack of personnel" with the highest factor loadings in their clusters. Among the effects of dispute factors arising from Covid-19, impact on project duration (time extension) has emerged as the most prominent effect in comparison with cost overruns, termination and suspension of work, and appeal to court/arbitration. Conclusion:Despite the unforeseen nature of the Covid-19 pandemic, contractors could still be contractually responsible for delays or cost overruns on their current projects in the long term. It is expected that both contractors and owners will be carefully reviewing contracts to identify where contractual rights and duties exist under the conditions caused by the virus' spread. It is recommended that parties review their contracts and take specific note of any force majeure provisions that prevent possible disputes arising from Covid-19. In this context, the results of the study are important in terms of revealing how construction companies are affected in the short term due to Covid-19, as well as in terms of revealing measures that should be considered by construction companies in order to reduce the effects of possible dispute factors that may arise from Covid-19 in their future contracts.

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Section: Araştirma Yöntemi̇ (Research Methodolo Gy)unclassified

Investigation of dispute factors and effects on construction projects arising from Covid-19 pandemic as a force majeure event

Aladağ

Demirdöğen

Işık

2021

Gazi Üniversitesi Mühendislik Mimarlık Fakültesi Dergisi

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“…The leader must manage the uncertainty involved in all technical changes, breaking organizational inertias and fears (Chauhan et al, 2021). Given the scarcity of resources and high costs, companies must define feasible objectives to generate a successful digital transformation process (Kiraz, Canpolat, Özkurt, & Taşkın, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

“…The advantages of technologies 4.0 may be expanded as more qualified employees tend to make better use of them and gain efficiency (Fuente, Rojas, & Leiva, 2020). Thus, companies with qualified employees may be better positioned to visualize new markets and clients, which is key in deciding whether to start a digital transformation process (Kiraz et al, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Adoption and Diffusion of Technologies 4.0 Based on the Innovative Trajectory and the Scale of Operation: The Case of Chile

Neira

2022

Rev. adm. empres.

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RESUMEN Se analizan los factores que pueden explicar la difusión de las tecnologías 4.0 en la economía chilena. Trabajamos con las empresas que pueden ser calificadas como “proveedoras especializadas” y “basadas en ciencias” pertinentes al campo tecnológico analizado. Se utilizan los datos de la Décima Encuesta Nacional de Innovación realizada por el Instituto Nacional de Estadística (2018). Se realiza un análisis factorial confirmatorio de segundo orden para identificar las variables que mejor explican la difusión. Se utilizó el software Lisrel 8.8 realizando las estimaciones con el método de mínimos cuadrados ponderados diagonales robustos (DWLS) debido a que se trabaja con variables ordinales. Los principales resultados dan cuenta de lo relevante de los proyectos de innovación futura y la cantidad de trabajadores contratados por cada empresa para estimular la difusión tecnológica.

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“…Nine different criteria [6] were determined that influence the industry 4.0 trend and analyzed the impacts on different organization strengths and weaknesses. Using the structural equation model (SEM) to determine results, this study looked at nine criteria, including information technology architecture, products and services of businesses, business models; market and customer access; value chains and processes; compliance; risk; security; leadership; strategy; culture; organization and corporate culture; management; and the Internet of Things.…”

Section: Literature Reviewmentioning

confidence: 99%

An In-Depth Analysis of the Various Factors Influencing Industry 4.0 and its Impact on the Overall Performance of the Industrial Sector to Achieve Sustainable Development

Kumar¹

2021

Int. J. Onl. Eng.

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<p class="0abstract">In the last two years, the entire world has been confronted with the emergence of pandemic Covid 19, which poses several challenges to the entire human race. Covid 19 has been forced to adopt new innovative technology. To survive in this precarious situation; most of the organization has adopted new innovative technology to meet the expectations of the market and the demands of consumers. In this study, the primary goal is to identify the various factors that have an impact on Industry 4.0 while also evaluating the impact of Industry 4.0 on the overall performance of the industrial sector. An exploratory research approach is used by researchers to discover the characteristics and relationships of new research phenomena. This approach is particularly useful when researchers are looking for answers to the questions of what and how they came to be discovered. This study demonstrates that the use of Industry 4.0 technologies will increase the effectiveness and efficiency of organizations and industries. This is beneficial because organizations and industries need to develop and survive in this competitive era. Adoption of smart machine and smart product applications will become more common with the widespread use of information and communication technology for all aspects of business operations and activities.</p>

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Analysis of the factors affecting the Industry 4.0 tendency with the structural equation model and an application

Cited by 70 publications

References 15 publications

Investigation of dispute factors and effects on construction projects arising from Covid-19 pandemic as a force majeure event

Investigation of dispute factors and effects on construction projects arising from Covid-19 pandemic as a force majeure event

Adoption and Diffusion of Technologies 4.0 Based on the Innovative Trajectory and the Scale of Operation: The Case of Chile

An In-Depth Analysis of the Various Factors Influencing Industry 4.0 and its Impact on the Overall Performance of the Industrial Sector to Achieve Sustainable Development

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