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Changes in the social architecture of business model in the perspective of the Industry 4.0 concept

Grabowska Sandra
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Grabowska Sandra: Ph.D., Silesian University of Technology, Department of Production Engineering, Poland

Management, 2020, vol. 24, issue 1, 130-142

Abstract: After three industrial revolutions, the fourth comes, which transfers production to sophisticated networks of companies equipped with intelligent devices, machines, means of transport, communicating with each other using modern technologies. It creates new challenges for industrial enterprises, it requires redefining existing business models. The development of the concept of Industry 4.0 forces modern enterprises to quickly and flexibly adapt to the changing conditions of the technological environment. This is reflected in the changes taking place in the area of social and technical architecture of business models.

Keywords: business model; Leader 4.0; Industry 4.0 (search for similar items in EconPapers)
JEL-codes: M19 O33 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:manmen:v:24:y:2020:i:1:p:130-142:n:7

DOI: 10.2478/manment-2019-0039

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