Organizational Learning, Knowledge Management, Dynamic Capability, Innovation Capability, Industry 4.0 Implementation and Firm Performance
Esther Dangosu ()
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Esther Dangosu: Swiss German University
A chapter in Proceedings of the 5th International Conference on Global Innovation and Trends in Economy 2024 (INCOGITE 2024), 2024, pp 769-781 from Springer
Abstract:
Abstract Today, we stand on the brink of a technological revolution, also known as the Fourth Industrial Revolution, or Industry 4.0 (I4.0), which represents a comprehensive technological development within all industries. Industry 4.0 consists of key pillars, such as artificial intelligence, machine learning, cloud computing, big data analysis as well as augmented reality and virtual reality. Because of the impact that earlier industrial revolutions had on organizations, it can be said that I4.0 also will bring changes in organization with regards to work and tasks. The findings concluded that Industry 4.0 implementation in the manufacturing industry in Indonesia cannot be facilitated without organizational learning, knowledge management, and dynamic capability, as well as innovation capability. Dynamic capabilities ignite organizations to be aware of the changes within their surroundings with customers’ preferences changing daily, companies need to be able to sense, seize, and manage their threats in order to remain competitive. Thus, this study aims to outline the impact of organizational learning, knowledge management, dynamic capability, innovation capability and firm performance in the implementation of industry 4.0 in the manufacturing industry.
Keywords: Organizational learning; Knowledge Management; Dynamic Capability; Innovation Capability; Industry 4.0; Firm Performance (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-585-0_53
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DOI: 10.2991/978-94-6463-585-0_53
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