The dark corners of industry 4.0 – Grounding economic governance 2.0

Oliver Kovacs

Technology in Society, 2018, vol. 55, issue C, 140-145

Abstract: This paper analyses the fourth industrial revolution by shifting towards a more complexity-aware economics. In so doing we concentrate on the complexity of interactions in the development of Industry 4.0 and the Digital Economy by shedding light on the major set of dark corners (unintended consequences) that are calling for cultivating governance in favour of structural change. We therefore formulate the basic principles of a new economic governance in contributing to the sustainable development of the current industrial revolution and the Digital Economy.

Keywords: Industry 4.0; Digital economy; Complexity; Governance (search for similar items in EconPapers)
JEL-codes: L16 L52 O10 O25 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:teinso:v:55:y:2018:i:c:p:140-145

DOI: 10.1016/j.techsoc.2018.07.009

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