![]() He discusses learning and education as well as game-based learning and gamification. ( 2018) explores gamification to support manufacturing education in Industry 4.0 as an enabler for innovation and sustainability. He describes the application of these concepts in the Industry 4.0 Learning Factory at TU Wien. ( 2016) is concerned with competences and a scenario-based learning factory approach. He deals also with other impacts of Industry 4.0, such as products and services, business models and markets, economy, work environment, and skills development. Pereira and Romero ( 2017) state that skills development, which will lead to demographic and social changes, is one of the most important key factors for a successful adoption and implementation of the Industry 4.0 framework. With respect to education, not only skills of workers are a recurrent topic but also learning factories, which are connected with the concepts of digitalization and smart factory ( Erol et al. Another study deals with the fact that the industrial Internet of Things poses several implications on manufacturers in terms of economic, ecological, and social aspects referring to the triple bottom line of sustainable value creation ( Kiel et al. The study suggests managers explore further forms of business model innovation, and create customer-driven, rather than product-oriented innovations ( Müller et al. In particular, the positioning as user and/or provider of Industry 4.0 has a large impact on SME business models. The problem of business models is solved in context of how a company’s positioning helps to understand how to derive benefits from Industry 4.0. Each section optimizes its configuration in real-time depending on the demands and status of associated sections in the network, which generates maximum profit for all cooperatives with limited sharing resources ( Kagermann et al. In the field of business, Industry 4.0 implies that a complete communication network will exist between various companies, factories, suppliers, logistics, resources, customers, etc. Usually studies lack a coherent view of the topic in question and solve partial questions.īusiness models are greatly influenced by Industry 4.0, since this new manufacturing paradigm entails a new way of communication along supply chains ( Glova et al. The government and its policies usually play the role of a needed supportive element. Findings show that the aspects of work and skills development, smart technology adoption, intelligent manufacturing, and digitalization are very well described. Results obtained from the relevant studies were, furthermore, divided into the following categories: work and skills development economy growth and macroeconomic aspect sustainability intelligent manufacturing policy and change in business processes. The selected period spanned from 2014 to 2018, and the following keywords were used for the search: Industry 4.0, economics, economic development, production economics, and financial sector. Four investigators performed a literature search of the Web of Science, Scopus, and Science Direct. ![]() A scoping review is performed regarding business, microeconomic and macroeconomic economic problems. The aim of this paper is to fill in the gaps and provide an overview of studies dealing with Industry 4.0 from the business and economic perspectives. The introduction of information technology into all aspects of our lives has brought forth qualitative and quantitative changes on such a large scale that this process has come to be known as the Fourth Industrial Revolution, or Industry 4.0. ![]()
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