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Revolutionary Context of the Evolution of a Business Enterprise

Cezary Suszyński ()
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Cezary Suszyński: Warsaw School of Economics

Chapter Chapter 18 in Contemporary Challenges in Cooperation and Coopetition in the Age of Industry 4.0, 2020, pp 345-358 from Springer

Abstract: Abstract The complex goal of this article is (1) to present the main paths and tendencies of a historical evolution of a firm, (2) considering the succeeding four industrial revolutions, (3) with focus on the challenges and changes brought into the business enterprise by the Fourth Industrial Revolution. A vast theoretical study, with some insights into research done by different authors as well as contemporary business practices, has been conducted. The main conclusion is that a progressive, more and more complex fusion of technologies, historically initiated by single advances and continued in our times with spectacular, AI-based, cyber-physical systems have been reinforcing the evolution of business enterprises for recent two hundred years. At present, breakthrough technologies remain the leading force of revolutionary changes, but the ability to communicate and get connected with partners rather than a narrow manufacturing aspect of technologies has recently become crucial for the evolution of business enterprises.

Keywords: Business enterprise; Industrial revolution; Breakthrough technology (search for similar items in EconPapers)
JEL-codes: L14 L21 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-30549-9_18

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DOI: 10.1007/978-3-030-30549-9_18

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