Leveraging industrial-technological innovation to achieve sustainable development: A systems thinking perspective

Jin, Gong; Chen, Meng; Sun, Xialing; Wang, Zhanzhao; Xue, Jinli

doi:10.1371/journal.pone.0242981

Cited by 16 publications

(16 citation statements)

References 75 publications

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“…Sustainable development has been examined in Guo et al (2021), Jost et al (2021), Lindsay et al (2021), Miklosik and Evans (2021), Mondejar et al (2021), Timpabi et al (2021), and Wang and Huang (2021). The contribution of Industry 4.0 to sustainable development has been noted by Harikannan et al (2021), Mhlanga (2021), Khan et al (2021), and Gupta et al (2021).…”

Section: Advantages Of Industry 40 For Sustainable Developmentmentioning

confidence: 99%

Towards a ‘wide’ role for venture capital in OECD countries' industry 4.0

Sergi

Popkova

2022

Heliyon

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This paper focuses on the current theoretical views of venture capital that predetermines a "narrow" treatment. In the light of the existing "narrow" treatment, venture investors seek private commercial interests in financial support for Industry 4.0, ignoring other interests that fall beyond the limits of the current "narrow" treatment of venture capital. A "wide" treatment of venture capital 4.0 proposed in this paper allows for improving venture investors' market strategies. Implementing this treatment, they will strive for providing a whole range of advantages for society. Due to this novel approach, venture capital 4.0 might become a tool of corporate social responsibility. To substantiate this novel approach, this paper considers data for 2020 that reflect the influence of venture capital 4.0 on the economy in the period of its stability for 33 countries of the OECD, including developed and developing countries. Econometric modelling based on the official statistics data proves that Industry 4.0 venture capital will help achieve such growth goals as innovative development, global competitiveness, and increasing digital competitiveness. The limitations of this research are due to the impossibility of achieving such goals as sustainable development, economic growth, and implementation of human potential; what's more, the specifics of developing countries have not been studied sufficiently. The conclusions are oriented mainly at developed countries and could merely partially be applied to developing countries. During further research, it is expedient to exploremore thoroughlythe experience of the influence of Industry 4.0 venture capital on emerging economies.

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Section: Advantages Of Industry 40 For Sustainable Developmentmentioning

confidence: 99%

Towards a ‘wide’ role for venture capital in OECD countries' industry 4.0

Sergi

Popkova

2022

Heliyon

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“…Failures are a result of risks and uncertainties (Ferreira et al, 2019) hence the need for more effective method of judgment to assess factors causing them in a systematic way (Guo et al, 2021). In doing so, relying solely on experts or in the case of government venture capitals (GVCs) where the management (and their chosen experts) of these institutions to make all the decisions regarding which technology-based companies qualify for funding seem to run counter with Palchinsky principles because even the best available expert on a given subject does not substitute variation, selection and feedback.…”

Section: Limits Of Expert Judgmentmentioning

confidence: 99%

Applying Peter Palchinsky’s Three Industrial Design to Improve Performance of the Government Venture Capitals in Malaysia

Mohamed-Ariffin¹,

Muhammad²,

Hassan³

et al. 2022

Proceedings of the 1st International Conference on Social, Science, and Technology, ICSST 2021, 25 November 2021, Tangerang, In

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The Palchinsky principles revolves around three industrial designs focusing on variation, survivability and selection. Applying these principles is hoped able to raise economic contribution of government venture capitals (GVCs) towards the gross domestic product (GDP) of Malaysia in the face of substantial declined of foreign direct investments (FDIs) into the country. As a result, several feedback loops are recommended to improve the GVCs' collective performances pertaining two most important activities there. First, GVCs to adopt collective criteria chosen by the technopreneurs when evaluating funds applications. Second, to let them choose among themselves who should get the funding in a given cycle instead of decided by the management of GVCs alone. Third, adopt lottery like selection to choose winners eligible for funding. Fourth, shared responsibility among technopreneurs is another possible method where applicants are organized in a group and funding given to a 'deserving' group rather than to an individual technology-based company. This peer pressure approach could also be an option given the shared wavelength. Lastly, performance bonuses to deserving personnel at GVCs.

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“…To sum up, researchers have provided rich theoretical foundations, systematic thinking methods and guiding principles (Venkatesh et. Al., 2013;Guo et al, 2020), whether it is from the "New Business" talent training model, the research on inter-professional comprehensive training, or the teaching model. However, there is also the limitations of a single research discipline perspective.…”

Section: Research Status Of Boppps Teaching Modementioning

confidence: 99%

Research on the Teaching Reform of “Inter- Professional Comprehensive Training” Based on the BOPPPS Model under the Background of New Business

Liu¹

2022

IJLD

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With the development of new technologies such as the Internet, cloud computing, artificial intelligence, and big data, new business models and new industrial forms have emerged. The demand for talents is also rapidly increasing across industries. This also puts forward new requirements for the cultivation of business talents and the reform of business teaching mode. “Inter-professional comprehensive training” is a highly applied course. By simulating real job content, business process, business documents, etc., students’ job skills, professional quality, business decision-making ability and innovation ability are cultivated. This paper analyzes the development of inter-professional comprehensive training in Z school, analyzes its existing problems, and proposes, among other things, targeted teaching reform suggestions, so as to provide reference for schools that carry out relevant courses.

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Leveraging industrial-technological innovation to achieve sustainable development: A systems thinking perspective

Cited by 16 publications

References 75 publications

Towards a ‘wide’ role for venture capital in OECD countries' industry 4.0

Towards a ‘wide’ role for venture capital in OECD countries' industry 4.0

Applying Peter Palchinsky’s Three Industrial Design to Improve Performance of the Government Venture Capitals in Malaysia

Research on the Teaching Reform of “Inter- Professional Comprehensive Training” Based on the BOPPPS Model under the Background of New Business

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