Purpose- Recent developments in information technology lead to a new industrial revolution, transforms the entire eco-system. The last industrial revolution of the information society is referred to as Industry 4.0. This paper tries to explain fourth industrial revolution with its basic concepts and draws attention to dramatic changes in the production systems and competition environment in the World and Turkey.
Methodology- This paper used a qualitative method, present and discussed the opportunities and challenges in implementation of Industry 4.0 especially in terms of competitiveness.
Findings- Industry 4.0 have a substantial potential to change global competition environment and can be seen as a great opportunity Turkey's development and improvement in competitiveness, although the state of preparations for its implementation are very limited for now.
Conclusion- The present study contributes the Industry 4.0 literature by drawing attention to its relationship between competitiveness.
Primary Language | English |
---|---|
Subjects | Business Administration |
Journal Section | Articles |
Authors | |
Publication Date | September 30, 2019 |
Published in Issue | Year 2019 Volume: 6 Issue: 3 |
Research Journal of Business and Management (RJBM) is a scientific, academic, double blind peer-reviewed, quarterly and open-access online journal. The journal publishes four issues a year. The issuing months are March, June, September and December. The publication languages of the Journal are English and Turkish. RJBM aims to provide a research source for all practitioners, policy makers, professionals and researchers working in all related areas of business, management and organizations. The editor in chief of RJBM invites all manuscripts that cover theoretical and/or applied researches on topics related to the interest areas of the Journal. RJBM publishes academic research studies only. RJBM charges no submission or publication fee.
Ethics Policy - RJBM applies the standards of Committee on Publication Ethics (COPE). RJBM is committed to the academic community ensuring ethics and quality of manuscripts in publications. Plagiarism is strictly forbidden and the manuscripts found to be plagiarized will not be accepted or if published will be removed from the publication. Authors must certify that their manuscripts are their original work. Plagiarism, duplicate, data fabrication and redundant publications are forbidden. The manuscripts are subject to plagiarism check by iThenticate or similar. All manuscript submissions must provide a similarity report (up to 15% excluding quotes, bibliography, abstract, method).
Open Access - All research articles published in PressAcademia Journals are fully open access; immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited. Open access is a property of individual works, not necessarily journals or publishers. Community standards, rather than copyright law, will continue to provide the mechanism for enforcement of proper attribution and responsible use of the published work, as they do now.