IDEAS home Printed from https://ideas.repec.org/a/lus/zwipol/v65y2016i1p048-058n3.html
   My bibliography  Save this article

Industrie 4.0 – unterschätzte Herausforderungen oder überbewertete Modeerscheinung?

Author

Listed:
  • Hüther Michael

    (Institut der deutschen Wirtschaft Köln, Konrad-Adenauer-Ufer 21, 50668 Köln, Tel.: (0221) 4981–600, E-Mail: huether@iwkoeln.de)

Abstract

Digitization has entered both the private and the professional life equally fast, enabling households and companies to apply a large number of new technologies. Macroeconomic productivity, however, has stagnated or even deteriorated during the past couple of years. Our analysis yields that digitization-driven productivity leaps are likely in B2B interactions – the famous Industrie 4.0. Only if companies and other institutions intensify the usage of new technologies, productivity progress can be ensured on a big scale. In order for companies to jump on the digitization bandwagon, certain pre-conditions need to be in place: Firstly, given an ageing workforce, lifelong-learning is a necessity for the workers' adoption to constantly changing requirements in the workplace. Secondly, an adequate digital infrastructure is a fundamental prerequisite for the application of high-tech digital technologies.

Suggested Citation

  • Hüther Michael, 2016. "Industrie 4.0 – unterschätzte Herausforderungen oder überbewertete Modeerscheinung?," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 65(1), pages 048-058, May.
    • Handle: RePEc:lus:zwipol:v:65:y:2016:i:1:p:048-058:n:3
    DOI: 10.1515/zfwp-2016-0003
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/zfwp-2016-0003
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/zfwp-2016-0003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Demary, Vera, 2015. "The platformization of digital markets: Comments on the public consultation of the European Commission on the regulatory environment for platforms, online intermediaries, data and cloud computing and ," IW policy papers 39/2015, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Büchel, Jan & Rusche, Christian, 2020. "Status quo und Perspektiven von Video-on-Demand in Deutschland: Eine Bestandsaufnahme im Angesicht von Streaming Wars und Corona-Krise," IW-Reports 31/2020, Institut der deutschen Wirtschaft (IW) / German Economic Institute.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lus:zwipol:v:65:y:2016:i:1:p:048-058:n:3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.