Simulation of Innovative Systems under Industry 4.0 Conditions

Abstract

The world is at the threshold of the fourth industrial revolution, which has already begun. It requires enterprises and even sectors to move toward Industry 4.0. Innovative systems (IS) play an important role in this process. In the article, the innovative systems in Industry 4.0 are considered to be complex systems whose components have a lot of tasks; in particular, to produce innovative policy; to provide the subjects of innovative activity with the necessary resources; to participate directly in the process of creation, commercialization, and the practical use of new knowledge; to implement integration approaches between these processes, etc. The complexity of the innovation system leads to the development of modern approaches to their modeling, as a tool for further designing, creating, and modifying real innovative systems of different levels of organization under the conditions of Industry 4.0. In the simulation of IS under the conditions of Industry 4.0, the description of the subsystems by a number of sets is proposed. The model is described by the graph of relationships, including the abstract level of the hierarchical model of IS, its elements, indicators and their values, functions, actions and operations, their states and efficiency, and the tree of goals. In order to make optimal solutions, using the mathematical apparatus of the theory of Markov chains to study the dynamic and static characteristics of the states of the IS is proposed. This approach can be widely used in the simulation, designing, development, and rebuilding of IS at different levels of an organization.

Impact of Industry 4.0 on Environmental Sustainability

“…At present, this industrial revolution has focused more on production and not on an environmentally sustainable framework, even considering the many challenges facing this industry such as the unification of regulations, organizational protocols, the search for skilled workers, and the adoption of a compatible legal framework [8]. Industry 4.0 has changed the way businesses and production are conducted in their entirety, in terms of procedures, methods, and practicability [9,10]. The cost of Industry 4.0 infrastructure seems to be reasonable when budgeted environmentally, but it is still difficult to predict its direct impact on environmental sustainability [11].…”

Canonical Correlation Analysis and a New Composite Index on Digitalization and Labor Force in the Context of the Industrial Revolution 4.0

“…The world is at the threshold of the fourth industrial revolution and this fact changes all enterprises, regardless of their sector of activity, as a research group coordinated by Shpak [11] explained in 2019. One of its most visible trends is the digital transformation.…”

Predictors of Industry 4.0 Technologies Affecting Logistic Enterprises’ Performance: International Perspective From Economic Lens

“…Industry 4.0 is not defined uniformly, so it is not explicit. Additionally, we do not talk about single technological innovation, but rather about the connection of different technologies (Shpak et al, 2019).…”