| Popis: |
Firms today look for new ways of innovation to ensure their sustainability and to provide competitive advantage. The most important pillar of these innovations is Industry 4.0, which can be defined as digitalization at all stages of production. Manufacturing businesses are now facing serious challenges with disruptive concepts such as Internet of Things (IoT), Cyber-Physical Systems (CPS) or Cloud Based Manufacturing. Industry 4.0 paves the way for high utilization of technological factors in the production systems, thus making it possible to produce high-tech products in production lines that are fully adapted to automation and utilize robotic equipment in the production stage. Dujin et al. (2014) put forth the central role and challenges of industry in the European Union countries. It accounts for 15 % of value added and serves as a key driver of research, innovation, productivity, job creation and exports. Industry generates 80 % of the EU’s innovations and 75 % of its exports. But for the last decade, European industry faces a big challenge as it has lost many manufacturing jobs and emerging markets. The challenge of competition posed by certain countries like China and India forced developed countries to focus more on innovation. Therefore, there is a trend of growth in budget allocated for next wave of manufacturing (Kahn and Turowski, 2016). Manufacturing industry is one of the most effected sectors from radical changes of digitalization in production systems. Especially in Turkey, the manufacturing industry. |
