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Determinants of Decision-Makers’ Attitudes toward Industry 4.0 Adaptation

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  • Tomomi Hamada

    (College of Business Administration & Information Science, Chubu University, Kasugai, Aichi 487-8501, Japan)

Abstract

Industry 4.0 could drastically change not only firms’ production sites, organization, operation, and marketing but also industrial competition rules. This study aims at investigating a real situation of firms’ willingness to adapt to Industry 4.0 and revealing the determinants of decision-makers’ attitudes toward Industry 4.0 adaptation, as well as factors that inhibit adaptation. The study, using statistical analysis and questionnaire survey data for quantitative observation, finds that firms required the following: fostering the positive attitude of decision-makers toward adapting Industry 4.0, enhancing decision-makers’ acquisition of appropriate knowledge, and complementing lack of resources such as skilled workers. Moreover, firms applying to adapt to Industry 4.0 as well as outsiders must participate in promoting it among manufacturing firms.

Suggested Citation

  • Tomomi Hamada, 2019. "Determinants of Decision-Makers’ Attitudes toward Industry 4.0 Adaptation," Social Sciences, MDPI, vol. 8(5), pages 1-18, May.
    • Handle: RePEc:gam:jscscx:v:8:y:2019:i:5:p:140-:d:228681
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    References listed on IDEAS

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    1. Christine Oliver, 1997. "Sustainable competitive advantage: combining institutional and resource‐based views," Strategic Management Journal, Wiley Blackwell, vol. 18(9), pages 697-713, October.
    2. Paul Attewell, 1992. "Technology Diffusion and Organizational Learning: The Case of Business Computing," Organization Science, INFORMS, vol. 3(1), pages 1-19, February.
    3. Daniel Kiel & Julian M. Müller & Christian Arnold & Kai-Ingo Voigt, 2017. "Sustainable Industrial Value Creation: Benefits And Challenges Of Industry 4.0," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(08), pages 1-34, December.
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    Cited by:

    1. Dag Øivind Madsen, 2019. "The Emergence and Rise of Industry 4.0 Viewed through the Lens of Management Fashion Theory," Administrative Sciences, MDPI, vol. 9(3), pages 1-25, September.
    2. Jang, Hyunmi & Haddoud, Mohamed Yacine & Roh, Saeyeon & Onjewu, Adah-Kole Emmanuel & Choi, Taeeun, 2023. "Implementing smart factory: A fuzzy-set analysis to uncover successful paths," Technological Forecasting and Social Change, Elsevier, vol. 195(C).
    3. Virmani, Naveen & Sharma, Shikha & Kumar, Anil & Luthra, Sunil, 2023. "Adoption of industry 4.0 evidence in emerging economy: Behavioral reasoning theory perspective," Technological Forecasting and Social Change, Elsevier, vol. 188(C).

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