The dissemination of industry 4.0 across global value chains: An international business perspective

Mark Schofield*, Aniekan Emmanuel Essien

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapter in a book

Abstract

Although the concept of Industry 4.0 is still in its infancy, the ramifications of this emerging technology are beginning to be felt across various industries. This chapter deals with the application of new technology, such as the internet of things (IoT), big data and analytics, robotic systems, and additive manufacturing, in global value chains (GVCs). Secondary sources about Industry 4.0 are explored in order to compare new technologies and understand how they could impact manufacturers, companies, and consumers. The effects of digital technologies on location and coordination of work, as well as the capture of value in global value chains, are also discussed in this chapter. In particular, the chapter highlights the risks of cyberattacks and their consequences for individuals' privacy, calling for regulation in international and remote work contexts.

Original languageEnglish
Title of host publicationRemote Work and Sustainable Changes for the Future of Global Business
PublisherIGI Global
Pages1-14
Number of pages14
ISBN (Electronic)9781799875154
ISBN (Print)9781799875130
DOIs
Publication statusPublished - 25 Jun 2021

Bibliographical note

Publisher Copyright:
© 2018, IGI Global.

Fingerprint

Dive into the research topics of 'The dissemination of industry 4.0 across global value chains: An international business perspective'. Together they form a unique fingerprint.

Cite this