Industry 5.0 Beyond Technology: An Analysis Through the Lens of Business and Operations Management Literature

Borchardt Miriam (), Pereira Giancarlo M. (), Milan Gabriel S. (), Scavarda Annibal R. (), Nogueira Edithe O. () and Poltosi Leonel C. ()
Additional contact information
Borchardt Miriam: Vale do Rio dos Sinos University (UNISINOS)
Pereira Giancarlo M.: Vale do Rio dos Sinos University (UNISINOS)
Milan Gabriel S.: Vale do Rio dos Sinos University (UNISINOS)
Scavarda Annibal R.: Federal University of the State of Rio de Janeiro (UNIRIO)
Nogueira Edithe O.: Vale do Rio dos Sinos University (UNISINOS)
Poltosi Leonel C.: National Service for Industrial Training (SENAI)

Organizacija, 2022, vol. 55, issue 4, 305-321

Abstract: Background/purpose: In comparison to Industry 4.0 (I4.0), Industry 5.0 (I5.0) shows a more systemic transformation that includes business innovations driving the transition to a sustainable, human-centric, and resilient industry. I5.0 implies on rethinking business models, ecosystems, managerial practices, etc. while moving toward sustainable development. Despite the novelty of I5.0 and the growing interest in the subject, the literature is still scarce. Therefore, this study aims to analyze the state of the art and understand the approaches that constitute the study of I5.0, through the lens of business and operations management. Method: A systematic literature review was performed through the lens of the business and operations management literature. Results: Four major themes were identified: (i) technological application, (ii) Human Resources and workers, (iii) education, and (iv) business and operations management. For each theme, the implications, future avenues and practical considerations are presented. Conclusions: Most I5.0 studies have focused on Human Resources and workers discussing the role of technological applications on operator safety. Despite I5.0 calls for a step forward in sustainable development, studies on it are scarce. Also, the literature is still missing practical contributions and frameworks for how I5.0 could impact on business management.

Keywords: Industry 5.0; Industry 4.0; Society 5.0; Sustainable development; Human-robot collaboration (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:organi:v:55:y:2022:i:4:p:305-321:n:5

DOI: 10.2478/orga-2022-0020

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