IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-04704435.html
   My bibliography  Save this paper

Entrepreneurship 4.0 and Success Factors in the Context of Industry 4.0: A literature review
[Entrepreneuriat 4.0 et facteurs de succès dans le contexte de l'industrie 4.0 : Une revue de littérature]

Author

Listed:
  • Machkour Badr

    (Faculté des sciences juridiques, économiques et sociales d’Agadir)

  • Abriane Ahmed

    (Faculté des sciences juridiques, économiques et sociales d’Agadir)

Abstract

Throughout the ages, industry has undergone profound transformations, evolving from mechanization (Industry 1.0) to electrification (Industry 2.0), and subsequently to digitalization (Industry 3.0). Today, we stand at the dawn of Industry 4.0, an era that integrates advanced digital technologies such as artificial intelligence, the Internet of Things, and cyber-physical systems. This article examines the essential features of this new era, employing a methodological approach grounded in a comprehensive literature review. Marked by intelligent production, accelerated decision-making, and optimal resource utilization, Industry 4.0 places particular emphasis on sustainability and social responsibility. The associated challenges include adapting organizational structures and managing cybersecurity. The article also explores entrepreneurial dynamics in response to these advancements, thereby redefining business strategies and structures with a focus on technological innovation, enhanced product and service customization, and the development of interdisciplinary skills among employees. It is further emphasized that ecological sustainability plays a central role in both contemporary and future entrepreneurial contexts, with optimized resource management and significant waste reduction. Drawing on a rigorous literature review, we have identified several key dimensions critical to the success of entrepreneurship in the era of Industry 4.0, including organizational structure, human resources, innovation processes, personalized production, customer relationship management, technological advancements, and sustainability. Within this framework, we have formulated hypotheses and developed a conceptual model demonstrating that, to maintain their competitiveness, companies must adopt strategies encompassing these six dimensions.

Suggested Citation

  • Machkour Badr & Abriane Ahmed, 2024. "Entrepreneurship 4.0 and Success Factors in the Context of Industry 4.0: A literature review [Entrepreneuriat 4.0 et facteurs de succès dans le contexte de l'industrie 4.0 : Une revue de littératur," Post-Print hal-04704435, HAL.
  • Handle: RePEc:hal:journl:hal-04704435
    DOI: 10.5281/zenodo.13772847
    Note: View the original document on HAL open archive server: https://hal.science/hal-04704435v1
    as

    Download full text from publisher

    File URL: https://hal.science/hal-04704435v1/document
    Download Restriction: no

    File URL: https://libkey.io/10.5281/zenodo.13772847?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
    ---><---

    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:hal:journl:hal-04704435. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.