Energy Oriented Concepts and Other SMART WORLD Trends as Game Changers of Co-Production—Reality or Future?

Anna Adamik, Michał Nowicki and Andrius Puksas
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Anna Adamik: Faculty of Organization and Management, Lodz University of Technology, 90-924 Lodz, Poland
Michał Nowicki: Faculty of Organization and Management, Lodz University of Technology, 90-924 Lodz, Poland
Andrius Puksas: Faculty of Public Governance and Business, Mykolas Romeris University, LT-08303 Vilnius, Lithuania

Energies, 2022, vol. 15, issue 11, 1-38

Abstract: The aim of the study is to identify, map and assess the maturity and impact level of the specific energy-oriented economy and other SMART management concepts and social, technological, finance (economical), environmental, and communication (S.T.F.E.C.) trends which arose from the dynamic development and spread of the Industry 4.0 revolution on processes of effective competitiveness and the creation of modern enterprises. The article presents data and information obtained thanks to an in-depth review of the literature (extensive desk research), as well as that obtained as part of the conducted CAWI pilot study. The authors aim to search for answers to three specific research questions, concluding that recently, special attention is paid to such issues as co-creation and co-production, energy-oriented and circular economy, eco-energy, and sustainability. The findings of this study clearly show that in the SMART WORLD era, there is a growing interest in cooperation, co-creation, co-production issues, and usage of modern technologies and SMART management concepts typical of the Industry 4.0 era. The main reason for this is that enterprises strive to optimize and maximize their efficiency in the processes of competitiveness creation. Researched data allows us to conclude that openness to social, environmental, and technological trends and issues, with an approach based on sustainable and eco-energy-oriented development, play an increasingly important role. However, the level of their importance, implementation level, and maturity differ depending on the type of organization or industry. For example, service and trade companies more often than production companies use and rate the usefulness of social trends higher ( reality = mainstream orientation for S&T companies and a future orientation for production companies ), while production companies apply a more balanced approach, showing greater commitment to economic technological, environmental and financial trends ( reality = mainstream orientation for production companies and a future orientation for trade and services companies ). Given that the study shows and describes preliminary research results (pilot studies), the authors plan to undertake further efforts in the in-depth scientific exploration of the issues concerned, including, which is particularly important, conducting full-scale research.

Keywords: energy-oriented economy; SMART management concepts and trends; Industry 4.0; co-creation; co-production; sustainability; competitiveness (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
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