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Challenges facing management practice in the light of Industry 4.0: The example of Poland

Author

Listed:
  • Radoslaw Miskiewicz

    (Silesian University of Technology, Gliwice, Poland)

Abstract

The article outlines selected challenges brought by Industry 4.0 as well as consequences for Polish businesses in the modern process of their management. The concept is based on a close connection between physical objects and information network. Sophisticated networks of businesses are being created, connected with smart resources communicating via the Internet. This means cooperation within implemented cyber-physical systems affecting a company's environment, its production model, value-added chain of business processes and organisational structure

Suggested Citation

  • Radoslaw Miskiewicz, 2019. "Challenges facing management practice in the light of Industry 4.0: The example of Poland," Virtual Economics, The London Academy of Science and Business, vol. 2(2), pages 37-47, April.
    • Handle: RePEc:aid:journl:v:2:y:2019:i:2:p:37-47
    DOI: 10.34021/ve.2019.02.02(2)
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    File URL: https://virtual-economics.eu/index.php/VE/article/view/20/23
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    Citations

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    Cited by:

    1. Aleksy Kwilinski, 2024. "Mapping Global Research on Green Energy and Green Investment: A Comprehensive Bibliometric Study," Energies, MDPI, vol. 17(5), pages 1-24, February.
    2. Radosław Miśkiewicz, 2020. "Efficiency of Electricity Production Technology from Post-Process Gas Heat: Ecological, Economic and Social Benefits," Energies, MDPI, vol. 13(22), pages 1-15, November.
    3. Yurii Kyrylov & Viktoriia Hranovska & Viktoriia Boiko & Aleksy Kwilinski & Liudmyla Boiko, 2020. "International Tourism Development in the Context of Increasing Globalization Risks: On the Example of Ukraine’s Integration into the Global Tourism Industry," JRFM, MDPI, vol. 13(12), pages 1-18, December.
    4. Henryk Dzwigol & Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2024. "Digitalization and Energy in Attaining Sustainable Development: Impact on Energy Consumption, Energy Structure, and Energy Intensity," Energies, MDPI, vol. 17(5), pages 1-17, March.

    More about this item

    Keywords

    Industry 4.0; cyber-physical systems (CPS); robotisation;
    All these keywords.

    JEL classification:

    • F6 - International Economics - - Economic Impacts of Globalization
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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