Next Article in Journal
An Examination of the Impact of Astroturfing on Nationalism: A Persuasion Knowledge Perspective
Next Article in Special Issue
Impacts of Internet of Things on Supply Chains: A Framework for Warehousing
Previous Article in Journal
Work and Family Life Reconciliation Policies in Turkey: Europeanisation or Ottomanisation?
Previous Article in Special Issue
The Dependence of Unemployment of the Senior Workforce upon Explanatory Variables in the European Union in the Context of Industry 4.0
Article Menu

Export Article

Open AccessOpinion
Soc. Sci. 2019, 8(2), 37; https://doi.org/10.3390/socsci8020037

Big IFs in Productivity-Enhancing Industry 4.0

1
Institute of Economics and International Economics, National University of Public Service, 1083 Budapest, Hungary
2
ICEG European Center, 1123 Budapest, Hungary
Received: 23 December 2018 / Revised: 11 January 2019 / Accepted: 17 January 2019 / Published: 28 January 2019
(This article belongs to the Special Issue Industry 4.0 Implication for Economy and Society)
Full-Text   |   PDF [419 KB, uploaded 28 January 2019]   |  

Abstract

With the dawn of Industry 4.0, its productivity-boosting impact appears to be comfortably ensconced both in the media and in the scientific community. Still, our paper is to portend a rather dismal prognosis by outlining three big Inertia Forces (IFs) hindering the power of Industry 4.0 in reviving productivity growth in a more spectacular way. After applying a complexity view to the development of Industry 4.0 in deciphering the major IFs, the paper briefly exemplifies them by building on the case of Hungary, and it then draws some lessons for theorists and economic policy practitioners in the interest of a value-congruent development of Industry 4.0. View Full-Text
Keywords: Industry 4.0; inertia; complexity; governance; trade-offs; uncertainty; Hungary Industry 4.0; inertia; complexity; governance; trade-offs; uncertainty; Hungary
Figures

Figure 1

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).
SciFeed

Share & Cite This Article

MDPI and ACS Style

Kovacs, O. Big IFs in Productivity-Enhancing Industry 4.0. Soc. Sci. 2019, 8, 37.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Soc. Sci. EISSN 2076-0760 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top