Innovation Trajectories for a Society 5.0

Fabio De Felice, Marta Travaglioni and Antonella Petrillo
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Fabio De Felice: Department of Engineering, Parthenope University, 80133 Napoli, Italy
Marta Travaglioni: Department of Engineering, Parthenope University, 80133 Napoli, Italy
Antonella Petrillo: Department of Engineering, Parthenope University, 80133 Napoli, Italy

Data, 2021, vol. 6, issue 11, 1-30

Abstract: Big Data, the Internet of Things, and robotic and augmented realities are just some of the technologies that belong to Industry 4.0. These technologies improve working conditions and increase productivity and the quality of industry production. However, they can also improve life and society as a whole. A new perspective is oriented towards social well-being and it is called Society 5.0. Industry 4.0 supports the transition to the new society, but other drivers are also needed. To guide the transition, it is necessary to identify the enabling factors that integrate Industry 4.0. A conceptual framework was developed in which these factors were identified through a literature review and the analytical hierarchy process (AHP) methodology. Furthermore, the way in which they relate was evaluated with the help of the interpretive structural modeling (ISM) methodology. The proposed framework fills a research gap, which has not yet consolidated a strategy that includes all aspects of Society 5.0. As a result, the main driver, in addition to technology, is international politics.

Keywords: Society 5.0; Industry 4.0; sustainability; future development; digitalization; analytical hierarchy process; interpretive structural modeling (search for similar items in EconPapers)
JEL-codes: C8 C80 C81 C82 C83 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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