Loading...
Internal and external precursors to favorable adoption of Industry 4.0 technologies
Couch, Andrew Loyd, Nicholas
Couch, Andrew
Loyd, Nicholas
Citations
Altmetric:
Files
Loading...
Article
Adobe PDF, 294.25 KB
Authors
Other Names
Location
Time Period
Advisors
Original Date
Digitization Date
Issue Date
2023-06
Type
Article
Genre
Keywords
Industry 4.0,Organizational strategy,Technology innovation
Subjects (LCSH)
Citation
Couch, A. & Loyd, N. (2023). Internal and external precursors to favorable adoption of Industry 4.0 technologies. Journal of Management & Engineering Integration, 16(1), 57-64. https://doi.org/10.62704/10057/25982
Abstract
In the modern era of rapidly emerging technologies, organizations are faced with pressing concerns about how to strategically maneuver their trajectory and corresponding operations to accommodate the rapidly changing environment. Associated with this dilemma is a dynamic perception of importance and urgency. Just as the physical environment is capable of guiding human behavioral tendencies, the competitive climate of the marketplace as well as internal organizational tendencies hold influential power over how organizations innovate over time. In the context of Industry 4.0 adoption, the benefits for organizations are not universally identical. Rather, the benefits are situationally associated with operational trends of the surrounding industry space. Thus, this publication offers a discussion on a subset of the research findings pertaining to Industry 4.0 adoption ventures. For Industry 4.0 considerations, the first hurdle that confronts organizations is the decision about how extensively to adopt Industry 4.0 technologies, if at all. As such, an urgencyimportance matrix is considered from a reliability context to help organizations identify favorable circumstances that are generally associated with higher levels of Industry 4.0 adoption necessity and success. Monitoring the competitive environment is essential to tailoring organizational strategies. The Industry 4.0 dimension plays an instrumental role in this area.
Table of Contents
Description
Published in SOAR: Shocker Open Access Repository by Wichita State University Libraries Technical Services, October 2023.
Publisher
Association for Industry, Engineering and Management Systems (AIEMS)
Journal
Book Title
Series
Journal of Management & Engineering Integration
v.16 no.1
v.16 no.1
Digital Collection
Finding Aid URL
Use and Reproduction
Archival Collection
PubMed ID
ISSN
1939-7984