The Role of Open Innovation and Value Co-creation in the Challenging Transition from Industry 4.0 to Society 5.0: Toward a Theoretical Framework
| Autor: | Anna Paola Codini, Barbara Aquilani, Michela Piccarozzi, Tindara Abbate |
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| Rok vydání: | 2020 |
| Předmět: |
Industry 4.0
lcsh:TJ807-830 Geography Planning and Development Big data lcsh:Renewable energy sources 010501 environmental sciences Management Monitoring Policy and Law Business model 01 natural sciences Profit (economics) big data 0502 economics and business Society 5.0 open innovation value co-creation artificial intelligence Co-creation Advanced manufacturing lcsh:Environmental sciences Industrial organization 0105 earth and related environmental sciences Open innovation lcsh:GE1-350 Renewable Energy Sustainability and the Environment business.industry lcsh:Environmental effects of industries and plants 05 social sciences lcsh:TD194-195 Conceptual framework Business 050203 business & management |
| Zdroj: | Sustainability Volume 12 Issue 21 Sustainability, Vol 12, Iss 8943, p 8943 (2020) |
| ISSN: | 2071-1050 |
| Popis: | Advanced manufacturing solutions, augmented reality, and cloud and big data are technologies pertaining to Industry 4.0. These technologies improve working conditions, create new business models, and increase both productivity and firm quality production. However, they can also improve life and society as a whole. This new perspective, oriented toward social and global well-being, is called Society 5.0. As has happened for all past industrial revolutions, Industry 4.0 will support the transition to a different society, i.e., Society 5.0. In this transition, open innovation and value co-creation can play an important role. The aim of the study was twofold: to examine how Industry 4.0 features and enabling technologies can support the transition to Society 5.0 and to investigate the roles of both open innovation and value co-creation within this transition. A conceptual framework was developed to jointly consider for the first time Industry 4.0, Society 5.0, open innovation, and value co-creation, which are all challenging issues that firms must cope with nowadays. Managers could profit from these insights to design ad hoc strategies in order to benefit from the opportunities emerging from this transition and overcome the main related challenges. |
| Databáze: | OpenAIRE |
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