Industry in the Age of Efficiency: Are We So Efficient?

Vincent Petit and Mike Rosenberg

Chapter 2 in The Next Industrial Revolution:A New Age for Innovation in Industry, 2023, pp 19-54 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:A Framework to Assess Industry InefficiencyDifferent Drivers of InefficiencyMajor Opportunities Exist in All SectorsOpportunities for More Efficient Operations Exist in Logistics, TooThe Biggest Inefficiency of All: ConsumptionThe Industry Sector Is Ripe for Big Efficiency GainsReferences

Keywords: Industry Revolution; Innovation; Decarbonization and Climate Change and Environment; Circularity; Productivity; Resiliency; Greenhouse Gas; Materials and Resources; Digital Technologies; Internet of Things; New Energy Technologies and Electrification; Nano- and Biotechnologies (search for similar items in EconPapers)
JEL-codes: O13 O3 Q4 Q43 Q48 Q5 (search for similar items in EconPapers)
Date: 2023
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