Industry 4.0 - Relationship Between Capital Equipment and Labor Productivity
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14410%2F21%3A00121324" target="_blank" >RIV/00216224:14410/21:00121324 - isvavai.cz</a>
Výsledek na webu
<a href="https://uni.uhk.cz/hed/site/assets/files/1077/proceedings_2021_1-1.pdf" target="_blank" >https://uni.uhk.cz/hed/site/assets/files/1077/proceedings_2021_1-1.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.36689/uhk/hed/2021-01-054" target="_blank" >10.36689/uhk/hed/2021-01-054</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Industry 4.0 - Relationship Between Capital Equipment and Labor Productivity
Popis výsledku v původním jazyce
Using new technology in production process is naturally connected with the economic development due to attempt to increase labor productivity and/or decrease in unit production costs. In last decades, term Industry 4.0 is used for such cases, as industrial revolution connected with new technology, especially information and communication technology, used in production process. Industry 4.0 is also connected with a fear of disappearing different kind of occupations replaced by new technology and with the fear of lack of employees in other occupations requiring suitable but not yet existing qualification. In the article we present the development of economic indicators and ratios based on production output, compensation on employees, capital equipment, volume of workers, and hours worked to illustrate development of labor productivity in 1995-2018 in Czech Republic, Slovakia, Poland, Hungary, Austria, and Germany. We present results about significant changes in economic structure in analyzed countries, but as results of economic development or economic transformation process. Thus, we try to articulate that the development is rather economic evolution than industrial revolution and that there is no reason to be afraid of Industry 4.0 process.
Název v anglickém jazyce
Industry 4.0 - Relationship Between Capital Equipment and Labor Productivity
Popis výsledku anglicky
Using new technology in production process is naturally connected with the economic development due to attempt to increase labor productivity and/or decrease in unit production costs. In last decades, term Industry 4.0 is used for such cases, as industrial revolution connected with new technology, especially information and communication technology, used in production process. Industry 4.0 is also connected with a fear of disappearing different kind of occupations replaced by new technology and with the fear of lack of employees in other occupations requiring suitable but not yet existing qualification. In the article we present the development of economic indicators and ratios based on production output, compensation on employees, capital equipment, volume of workers, and hours worked to illustrate development of labor productivity in 1995-2018 in Czech Republic, Slovakia, Poland, Hungary, Austria, and Germany. We present results about significant changes in economic structure in analyzed countries, but as results of economic development or economic transformation process. Thus, we try to articulate that the development is rather economic evolution than industrial revolution and that there is no reason to be afraid of Industry 4.0 process.
Klasifikace
Druh
D - Stať ve sborníku
CEP obor
—
OECD FORD obor
50204 - Business and management
Návaznosti výsledku
Projekt
—
Návaznosti
S - Specificky vyzkum na vysokych skolach
Ostatní
Rok uplatnění
2021
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název statě ve sborníku
Hradec Economic Days, vol. 11(1)
ISBN
9788074358227
ISSN
2464-6059
e-ISSN
2464-6067
Počet stran výsledku
9
Strana od-do
555-563
Název nakladatele
University of Hradec Králové
Místo vydání
Hradec Králové
Místo konání akce
Hradec Kralove, CZECH REPUBLIC
Datum konání akce
25. 3. 2021
Typ akce podle státní příslušnosti
EUR - Evropská akce
Kód UT WoS článku
000670596900054