2020
DOI: 10.3390/en13225972
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Exploring the Determinants of Industry 4.0 Development Using an Extended SWOT Analysis: A Regional Study

Abstract: Researchers and practitioners argue that in the global context of the Fourth Industrial Revolution, also labelled Industry 4.0, the regional dimension of industrial development remains equally essential. A region that effectively implements the concept of Industry 4.0 can accelerate by enhancing the manufacturing energy efficiency, thus contributing to the goals of the “Green Deal” policy. Therefore, to support the policy-making process, it is necessary to develop analytical tools exploring the determinants of… Show more

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Cited by 17 publications
(18 citation statements)
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References 79 publications
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“…Even though the analysis of Refs. [7,8] determines the regional development potential in a well structured way, the NUTS 2-classified and multi-source data analyses are still missing. Therefore, we see the potential in developing a solely open data indicator-based I4.0+ index to measure the NUTS 2 regional readiness for I4.0 implementation and, as a result support decision-making processes.…”
Section: Plos Onementioning
confidence: 99%
See 2 more Smart Citations
“…Even though the analysis of Refs. [7,8] determines the regional development potential in a well structured way, the NUTS 2-classified and multi-source data analyses are still missing. Therefore, we see the potential in developing a solely open data indicator-based I4.0+ index to measure the NUTS 2 regional readiness for I4.0 implementation and, as a result support decision-making processes.…”
Section: Plos Onementioning
confidence: 99%
“…This approach can result in the long-term sustainability of economic growth, reducing environmental risks and ecological degradation as well as improving human welfare and social equity [6]. "To support policymaking processes, it is necessary to develop analytical tools exploring the determinants of the Industry 4.0 development" [7].…”
Section: Introductionmentioning
confidence: 99%
See 1 more Smart Citation
“…The observed changes in the energy prices influence not only organizations but also have an impact on the countries and international policy [2]. The development of different digital technologies and strategies in the energy sector can also cover the growing energy need [3,4] and can support the transformation towards clean and nuclear or more sustainable and renewable technologies [5,6]. Therefore, the importance of the energy sector is still growing.…”
Section: Introductionmentioning
confidence: 99%
“…Two research questions were formulated as the result of the literature review and were addressed in the reference Hellwig's method analysis of secondary Eurostat data. This paper is based on the conviction that a strategic management framework is fundamental for any business sector transformation and decision-making process [3,5,6]. The method adopted in this paper is inference literature analysis [13,14] based scientific literature of the subject complemented by the statistical analysis called reference method analysis [15,16] or the Hellwig method [16,17].…”
Section: Introductionmentioning
confidence: 99%