A Factor Exploration and Empirical Study on the Influence of the Fourth Industrial Revolution on Employment: Focus on Korean Sample

Jongchang Ahn, Yirang Jang () and Yoonki Rhee ()
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Jongchang Ahn: Department of Information Systems, Hanyang University, Seoul 04764, Korea
Yirang Jang: Office of the Small and Medium Business Ombudsman, Seoul 30171, Korea
Yoonki Rhee: Department of Information Systems, Hanyang University, Seoul 04764, Korea

Sustainability, 2022, vol. 14, issue 16, 1-21

Abstract: This study aims to analyze whether technological changes in the fourth industrial revolution (4IR), as independent variables, can influence employment, a dependent variable. It categorizes scientific technology changes in the 4IR based on related research, and identifies six factors and corresponding research hypotheses. The paths for the six hypotheses were analyzed using 275 effective samples. Results show that life-convenience technology and blockchain technology variables significantly influenced employment ( p < 0.001). Additionally, innovation technology, interface technology, human life technology, and 3D technology variables significantly influenced employment ( p < 0.01). The power of the total variance explanation (69.596%) for the employment influence was very high. Seven items—self-driving cars, decision-making using big data, Internet of Things, Wearable Internet, Designer Beings, 3D printing technology and human health, and Bitcoin and blockchain—were statistically significant for the employment effect. The study obtained effective paths for the employment influence of fundamental technologies and derived the demographic variable presenting a meaningful difference among groups. This research seeks a policy direction that enables preparation for 4IR deployment. It also contributes to the academic sphere in meaningfully and empirically classifying the technology factors of the 4IR.

Keywords: actualization possibility; fundamental technologies; empirical study; employment influence; innovation; fourth industrial revolution (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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