Industry 5.0: Towards a Sustainable, Human-Centric and Resilient European Industry

Maija Breque (), Lars de Nul () and Athanasios Petridis ()
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Maija Breque: European Commission, Directorate-General for Research and Innovation, Directorate F — Prosperity, Unit F.5 — Industry 5.0
Lars de Nul: European Commission, Directorate-General for Research and Innovation, Directorate F — Prosperity, Unit F.5 — Industry 5.0
Athanasios Petridis: European Commission, Directorate-General for Research and Innovation, Directorate F — Prosperity, Unit F.5 — Industry 5.0

EU research and innovation paper series from Directorate General for Research and Innovation (DG RTD) of the European Commission

Abstract: Industry 5.0 complements the existing Industry 4.0 paradigm by highlighting research and innovation as drivers for a transition to a sustainable, human-centric and resilient European industry. It moves focus from shareholder to stakeholder value, with benefits for all concerned. Industry 5.0 attempts to capture the value of new technologies, providing prosperity beyond jobs and growth, while respecting planetary boundaries, and placing the wellbeing of the industry worker at the centre of the production process.

Keywords: Industry 5.0; sustainability; resilience; human-centric industry; innovation policy; digital transformation; circular economy (search for similar items in EconPapers)
JEL-codes: L52 O32 O38 Q55 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2021-01
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Persistent link: https://EconPapers.repec.org/RePEc:eug:wpaper:ki-bd-20-021-en-n

DOI: 10.2777/308407

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