Barriers of New Technology Introduction and Disadvantages of Industry 4.0 for Industrial Enterprises
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F22%3A43905283" target="_blank" >RIV/60076658:12510/22:43905283 - isvavai.cz</a>
Result on the web
<a href="https://aseestant.ceon.rs/index.php/sjm/article/view/30453/20016" target="_blank" >https://aseestant.ceon.rs/index.php/sjm/article/view/30453/20016</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.5937/sjm17-30453" target="_blank" >10.5937/sjm17-30453</a>
Alternative languages
Result language
angličtina
Original language name
Barriers of New Technology Introduction and Disadvantages of Industry 4.0 for Industrial Enterprises
Original language description
The rise of new technologies known as the fourth industrial revolution (Industry 4.0), brings a transformation that makes it possible to produce and manufacture products on machines through robots in modern smart factories. Industry 4.0 will increase productivity, quality of goods, foster industrial growth, and modify the profile of the workforce and required competences. However, such benefits and advantages should be assessed in light of potential barriers and negative consequences.The paper deals with the barriers of new technology introduction and main disadvantages of Industry 4.0. Based on questionnaire research in 217 industrial enterprises, the differences between enterprises according to their size and technological intensity are analysed. The main barriers of technology introduction and Industry 4.0 disadvantages are lack of funds, high costs, production process optimization and high investment need. The research confirmed only small differences in managers' preferences of Industry 4.0 technology barriers and Industry 4.0 disadvantages according to the enterprise size. The technological intensity was important only partly in case of perception of Industry 4.0 disadvantages. The key contributions of this work are promising results for a better understanding of technology barriers and Industry 4.0 disadvantages.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Serbian Journal of Management
ISSN
1452-4864
e-ISSN
2217-7159
Volume of the periodical
17
Issue of the periodical within the volume
1
Country of publishing house
RS - THE REPUBLIC OF SERBIA
Number of pages
10
Pages from-to
197-206
UT code for WoS article
000819953800014
EID of the result in the Scopus database
2-s2.0-85129725360