Industry 4.0 in Management Studies: A Systematic Literature Review

By Michela Piccarozzi, Barbara Aquilani, Corrado Gatti. Sustainability, 2018

436 citations recorded by the source corpus.

Recent developments in production processes and their automation have led to the definition of the Fourth Industrial Revolution, commonly known as “Industry 4.0”. Industry 4.0 is a very broad domain that includes: production processes, efficiency, data management, relationship with consumers, competitiveness, and much more. At the same time, obviously, Industry 4.0 has become a new theme for management scholars and business economics disciplines and a number of contributions covering various issues and aspects have been published. However, a systematic formulation of all these contributions is still lacking in management literature. Therefore, the aim of the paper is to analyze and classify the main contributions published on the topic of Industry 4.0 in management literature, seeking to give it a unique definition, discover the gaps still remaining in literature and outline future avenues of research in this domain. A systematic review of the literature of the major academic and research databases has been used as methodology to achieve the aim of the paper. This work contributes theoretically to the development of literature on Industry 4.0 and from a managerial perspective it could support entrepreneurs in better understanding the implications and fields of application of the Fourth Industrial Revolution as well as the interplay among them.

Subfields: Industrial and Manufacturing Engineering, Information Systems

View Paper: https://www.semanticscholar.org/paper/b75cb1902e5d9d6a71639445e43bb2b603cd9749

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Citations in the corpus

The applications of Industry 4.0 technologies in manufacturing context: a systematic literature review (2020, background): “Furthermore, Piccarozzi, Aquilani, and Gatti (2018) reviewed I4.”
Problems with the Implementation of Industry 4.0 in Enterprises from the SME Sector (2019, background): “0 has become a new topic for scientists dealing in disciplines such as management and business economics; thus, many publications on this subject have appeared [6].”
Exploring Organizational Sustainability of Industry 4.0 under the Triple Bottom Line: The Case of a Manufacturing Company (2018, background): “To enlarge the number of potential sources found we also included the keywords internet of things, smart factories, and cyber-physical systems (and their variations) in the query since researchers often used them as a synonym of I40 [29].”
Development of a Risk Framework for Industry 4.0 in the Context of Sustainability for Established Manufacturers (2019, background): “[7,8,14,17,19,20,70] Financial (14) Long and uncertain amortization (12) High investments (8) Personnel costs (5) “ .”
Virtual Reality-Based Engineering Education to Enhance Manufacturing Sustainability in Industry 4.0 (2019, background): “0 concept owing to fickle customer demands as well as precise quality requirements [1].”