Role of Venture Capital in Sustainable development of Industry 4.0

Bharti Chaudhary () and N. P. Singh ()
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Bharti Chaudhary: MVN University
N. P. Singh: MVN University

A chapter in Proceedings of the Sustainability in Emerging Economies - Integrating Business Excellence in Management Education (SEE-IBEME-2024), 2025, pp 298-315 from Springer

Abstract: Abstract Sustainable development is the practice of meeting today’s requirements without affecting future generations’ ability to meet their own. It prioritizes a balance of economic growth, environmental protection, and social equality. Sustainable development seeks to build a more resilient and inclusive world by boosting resource efficiency, minimizing waste, and encouraging innovation. Renewable energy utilization, responsible consumption, and biodiversity conservation are all important considerations. Its success is based on global collaboration and the incorporation of sustainability into policy and daily actions. Investing in startups and companies that place a high priority on environmental, social, and governance (ESG) principles is known as sustainable development. None of these goals can be achieved without the support of public funding or traditional financing sources, and this is often filled by venture capital. Venture capital plays a vital role in funding sustainable startups, enabling them to innovate and scale while addressing social justice, renewable energy, and climate change. This approach promotes economic growth and social responsibility, ensuring long-term benefits for society and the environment. The integration of Industry 4.0 technologies-such as artificial intelligence, automation, the Internet of Things (IoT), and advanced manufacturing – promises to revolutionize industries while fostering sustainable development. Venture capital (VC) plays a critical role in accelerating the adoption of these innovations by providing the necessary financial backing for startups and emerging companies that drive technological advancement. Venture capital is also referred as an investment in high-risk projects that involve disruptive innovations, including those related to Industry 4.0 (Suwaidi, 2016; Bueuer and Pinkward, 2018; Hunt et al., 2018; Jiang and Zhao, 2019; Nguyen and Vo, 2021). The objective of the study is to explore the role of venture capital investments in shaping the sustainable development of Industry 4.0 by promoting eco-friendly practices, optimizing resource efficiency, and addressing global environmental, creating balance between technological growth and sustainable impact, and Venture Capital investment impact on 4IR and 4IR impact on Sustainable Development.

Keywords: Sustainability; Venture Capital; Industry 4.0; Technology growth; Environmental impact (search for similar items in EconPapers)
Date: 2025
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DOI: 10.2991/978-94-6463-696-3_18

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