SME 4.0: The Role of Small- and Medium-Sized Enterprises in the Digital Transformation

Matt, Dominik T.; Rauch, Erwin

doi:10.1007/978-3-030-25425-4_1

Cited by 111 publications

(79 citation statements)

References 55 publications

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“…The latter is acknowledged as being enabled by Industry 4.0 [58] and in terms of reshaping organisations is considered a driver for sustainability [83]. In the literature, SMEs are recognised for their higher degree of flexibility compared to large companies [84], due to specific characteristics already enabling them to react to increasingly volatile market conditions [85]. This aspect may explain the higher relevance attributed by larger companies to Industry 4.0 implementation as potentially nurturing their demand for higher flexibility.…”

Section: General Discussion Of Resultsmentioning

confidence: 99%

The Advantages of Industry 4.0 Applications for Sustainability: Results from a Sample of Manufacturing Companies

et al. 2020

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Far from being exclusively related to economic considerations, the advantages of Industry 4.0 applications also include environmental and social concerns. An increasing amount of scientific publications relate the implementation of the fourth industrial revolution paradigm to sustainability. Several studies reported opportunities of Industry 4.0 implementation particularly to the environmental dimension of sustainability, e.g., through improved logistics streams and lowered waste from production. The present research aims at providing evidence on whether manufacturing companies consider Industry 4.0 implementation as an advantage contributing to environmental and social sustainability in terms of lower environmental impact of production, as well as higher physical relief for workers and flexibility of work organisation. The results were an attempt to study such relations with company sizes, industry sectors, turnover and self-assessed levels of digitalization varying. The sample encompasses 65 companies located in the Marche region (Italy). The results show that overall the perception of economic opportunities prevail, while the association of a beneficial impact of Industry 4.0 on environmental sustainability is rather low across companies, regardless of their size, turnover and digital level. As for the statistically significant variables, the results suggest a strong association of the size and the digital level to specific Industry 4.0 related advantages, referring to the social and economic dimension of sustainability, respectively.

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Section: General Discussion Of Resultsmentioning

confidence: 99%

The Advantages of Industry 4.0 Applications for Sustainability: Results from a Sample of Manufacturing Companies

et al. 2020

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“…Since the majority of the research has been conducted in the field of needed modernization, especially with respect to the SMEs in order to successfully transform towards Industry 4.0, we would rather point at the necessity of having a potential labor force ready for such a transformation. It is therefore considered that awareness of I4.0 needs to be continuously expanded and promoted, as confirmed by several authors [10,[36][37][38]. Even if obtaining new machines and gadgets would be economically viable, will there be enough sufficiently educated workers?…”

Section: Problems Descriptionmentioning

confidence: 99%

Industry 4.0—Awareness in South India

et al. 2020

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Industry 4.0 (I4.0) approaches, frameworks, and technologies have gained an increasing relevance in order to gain sustainable and competitive advantages for industrial enterprises and for small and medium enterprises (SMEs), as well. Contrary to previous studies, which are mainly focused on companies, we conducted a questionnaire-based survey on inhabitants, in an attempt to examine general awareness about I4.0 concepts, in the region of South India. Our findings revealed a rather poor informational level of I4.0 concept and its components, which consequently leads to inadequate future actions and expectations. Moreover, respondents with prior information about I4.0 framework tend to have rather positive opinions and expectations of possible future trends. We emphasize that insufficient knowledge of the potential workforce regarding I4.0 concepts, especially in a region with ascending demographic development, can be considered as one of the main barriers for a successful and sustainable future development towards the 4th industrial revolution.

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“…Organizational maturity is the extent to which organizations clearly document and constantly use procedures and practices which are standardized, measured, and constantly improved for its transactions and thereby achieving organizational sustainability and growth (Matt & Rauch, 2020). Organizations are entities with growing concern and expected to grow from one stage to the other until it reaches its maturity stage and then starts to decline.…”

Section: Organizational Maturitymentioning

confidence: 99%

A Conceptual Framework on The Successful Adoption of Project Management Methodologies in Ghana

Taana

2020

TSSJ

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The successful completion of every project whether undertaken by a public or private organization is of primary concern to many institutions. However, literature has confirmed that most project success depends on adhering to good practices and are keenly documented in Project Management Methodologies (PMMs). It is a fact that many projects do not see successful completion as most of them are long overdue, faced with budget overruns and even some are abandoned. The purpose of this study is to explore the factors that influence the Adoption of Project Management Methodology in Ghana. This is motivated by the dearth of academic literature concerning the successful adoption of Project Management Methodologies in Ghana. The study will also examine if the Adoption of Project Management Methodologies leads to project success. To achieve these aims, a conceptual framework was developed grounded on the Critical Success Factors (CSFs), the Capability Maturity Model (CMM) theory, and the Stakeholder theory. Four independent variables, a mediator and a moderator were hypothesized for the establishment of the success factors affecting Project Management Methodologies adoption and if the Project Management Methodology adoption leads to project success.

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SME 4.0: The Role of Small- and Medium-Sized Enterprises in the Digital Transformation

Cited by 111 publications

References 55 publications

The Advantages of Industry 4.0 Applications for Sustainability: Results from a Sample of Manufacturing Companies

The Advantages of Industry 4.0 Applications for Sustainability: Results from a Sample of Manufacturing Companies

Industry 4.0—Awareness in South India

A Conceptual Framework on The Successful Adoption of Project Management Methodologies in Ghana

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