Will Industry 4.0 and Other Innovations Impact Russia’s Development?

By E. Popkova, B. Sergi. Exploring the Future of Russia’s Economy and Markets, 2018

144 citations recorded by the source corpus.

Abstract This chapter elaborates on Industry 4.0 and the Internet of Things to develop a strategy of optimization and achieve sustainable industrial development of Russia. We propose a framework strategy for perfecting the process of management of Industry 4.0 in Russia. The provision of the development strategy with financial resources is to be ensured by a public–private partnership and implementation of transnational initiatives for cooperation in the sphere of Industry 4.0. The critical result of this chapter is that Industry 4.0 must become a top-priority direction of modernization and sustainable growth.

Subfields: Development, Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/599bc1fad38601d5ff3518127ed2f9c9967fe936