Evolution of industry 4.0 and international business: A systematic literature review and a research agenda

Rebecca Castagnoli, Giacomo Büchi, Régis Coeurderoy and Monica Cugno

European Management Journal, 2022, vol. 40, issue 4, 572-589

Abstract: Industry 4.0 has attracted significant attention from researchers in the international business field for a decade. This paper critically analyzes the literature on the relationships between Industry 4.0 and international business. A systematic literature review of 59 studies published between 2011 and December 2020 is conducted. Using the Theory, Context, Characteristics, and Method (TCCM) framework, the review identifies various gaps in research and proposes future research agenda. The results show that (1) Industry 4.0 modifies specific domains in the field of international competitiveness and organization and (2) international business affects the choices and opportunities of adopting Industry 4.0. The need for further theoretical development in the relationships between international business and Industry 4.0 is observed especially in terms of location choices, global value chains, international organizations and international trade. The results contribute to the relevant research field and provide substantial managerial implications.

Keywords: Industry 4.0; International business; Theory; Context; Characteristics; Method (TCCM) framework; Fourth industrial revolution; Global value chains (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eurman:v:40:y:2022:i:4:p:572-589

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DOI: 10.1016/j.emj.2021.09.002

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