Industry 4.0 - Reality and Perception in the Albanian Market

Greta Angjeli, Nikollaq Pano and Senada Lacka

Academic Journal of Interdisciplinary Studies, 2022, vol. 11

Abstract: Statistics show that the average rate of GDP’ increase in Albania for more than 25 years has been comparable to the average of European countries. Still, is this an increase in the right direction? Albanian businesses are investing in their digitalization. Are there elements of industry 4.0 in the Albanian market? How much are Albanian entrepreneurs affected by the changes that will bring the 4th industrial revolution in the world economy? All these questions essentially lead to the study of a primary matter: how different is the real development of digitalization and elements of industry 4.0 compared to the perception of entrepreneurs and administrators in some of the most developed businesses in the Albanian market. The main purpose of this study is to assess the readiness and maturity of the Albanian businesses related to the digitization of their activity and use of the elements of Industry 4.0.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:bjz:ajisjr:2238

DOI: 10.36941/ajis-2022-0077

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