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Priorities of Development of Industry 4.0 in Modern Economic Systems with Different Progress in Formation of Knowledge Economy

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Book cover Industry 4.0: Industrial Revolution of the 21st Century

Part of the book series: Studies in Systems, Decision and Control ((SSDC,volume 169))

Abstract

The purpose of the article is to develop the priorities of development of Industry 4.0 in modern economic systems, characterized by different progress in the sphere of formation of knowledge economy. The methodology of the research includes the method of prioritizing and dialectical and logical methods, which are used for determining the logic of the process of Industry 4.0 development and priorities of managing this process depending on the progress in the sphere of formation of knowledge economy. For graphic interpretation of the conclusions and compiled recommendations, the authors use the method of formalization of data. The author classifies the goals of development of Industry 4.0 according to the criterion of advantages for knowledge economy and offer a logical scheme of development of Industry 4.0 in modern economic systems depending on the progress in the sphere of formation of knowledge economy. As a result, it is concluded that management of development of Industry 4.0 should be conducted in view of the achieved progress in the sphere of formation of knowledge economy. The offered priorities and the developed logical scheme of managing the development of Industry 4.0 in modern economic systems depending on the progress in the sphere of formation of knowledge economy takes into account this peculiarity and allows using it in the best way for the economic system. They allow for successful adaptation of this process to any economic systems due to flexibility of management.

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Acknowledgements

The reported study was funded by the RFBR according to the research project No. 18-010-00103 A.

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Correspondence to Yulia V. Ragulina .

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Ragulina, Y.V. (2019). Priorities of Development of Industry 4.0 in Modern Economic Systems with Different Progress in Formation of Knowledge Economy. In: Popkova, E., Ragulina, Y., Bogoviz, A. (eds) Industry 4.0: Industrial Revolution of the 21st Century. Studies in Systems, Decision and Control, vol 169. Springer, Cham. https://doi.org/10.1007/978-3-319-94310-7_16

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