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Drivers and Barriers for Industry 4.0 Readiness and Practice: A SME Perspective with Empirical Evidence

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dc.contributor.author Stentoft, Jan
dc.contributor.author Jensen, Kent Wickstrøm
dc.contributor.author Philipsen, Kristian
dc.contributor.author Haug, Anders
dc.date.accessioned 2019-01-03T00:34:50Z
dc.date.available 2019-01-03T00:34:50Z
dc.date.issued 2019-01-08
dc.identifier.isbn 978-0-9981331-2-6
dc.identifier.uri http://hdl.handle.net/10125/59952
dc.description.abstract The technological development is moving rapidly enabling manufacturing companies with new possibilities for digital transformations to offer products and services to current and new markets at competitive costs. Such modern technologies are, among others, discussed under the umbrella term Industry 4.0. This paper reports on the results of a questionnaire-survey of 308 small and medium-sized manufacturers about their readiness for digitalized manufacturing and their actual practice in this area. The paper provides empirical evidence for that perceived drivers for Industry 4.0 lead to increased Industry 4.0 readiness, which, in turn, leads to a higher degree of practicing Industry 4.0. The paper also finds that barriers make companies less Industry 4.0 ready but this apparently does not have any significant impact on Industry 4.0 practice. The results are of importance for companies in planning transformation processes towards digitalized processes.
dc.format.extent 10 pages
dc.language.iso eng
dc.relation.ispartof Proceedings of the 52nd Hawaii International Conference on System Sciences
dc.rights Attribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.uri https://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subject The Digital Supply Chain of the Future: Technologies, Applications and Business Models
dc.subject Internet and the Digital Economy
dc.subject Industry 4.0, Small and Medium- Sized Enterprises, Drivers, Barriers, Readiness
dc.title Drivers and Barriers for Industry 4.0 Readiness and Practice: A SME Perspective with Empirical Evidence
dc.type Conference Paper
dc.type.dcmi Text
dc.identifier.doi 10.24251/HICSS.2019.619
Appears in Collections: The Digital Supply Chain of the Future: Technologies, Applications and Business Models


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