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Neoindustrialization—Reflections on a New Paradigmatic Approach for the Industry: A Scoping Review on Industry 5.0

Author

Listed:
  • Ricardo Pereira

    (Knowledge Engineering Department, Federal University of Santa Catarina, Florianópolis 88040-900, Brazil)

  • Neri dos Santos

    (Knowledge Engineering Department, Federal University of Santa Catarina, Florianópolis 88040-900, Brazil)

Abstract

Background : The Industry 5.0 emerges as a new paradigm for the industry by considering sustainability, human-centered approaches, organizational resilience, and interaction between humans and machines as its core values. This new trend for the future of the industry is referred to as neoindustrialization. Due to being a topic in development, there is still no precise consensus on its definition, which prompted the current study to comprehensively investigate and analyze the existing literature on Industry 5.0. Methods : The method employed was a scoping review, examining publications from various databases and academic journals, including those specific to the Brazilian context. Results : The results indicate a transition towards an industry that meets societal demands and respects planetary boundaries, aspects that were overlooked by Industry 4.0. Conclusions : In this new scenario, the industry reassumes its leadership by combining technology with new strategies and organizational models. Furthermore, it undergoes organizational changes to align its structure, operations, human resources, and new practices, aiming to meet the demands of society and all stakeholders involved. To achieve this, it is necessary to create an environment conducive to innovation and entrepreneurship, promoting the development of qualified human capital, investments in research and development, and strengthening partnerships between the public and private sectors. A successful neoindustrialization policy will generate high-quality jobs and foster economic growth. Industry 5.0 is the paradigm that will prevail in the 21st century. It is not a matter of speculation; it is an inseparable and inevitable reality. Otherwise, the industry will be relegated to a secondary role in the process of digital and social transformation.

Suggested Citation

  • Ricardo Pereira & Neri dos Santos, 2023. "Neoindustrialization—Reflections on a New Paradigmatic Approach for the Industry: A Scoping Review on Industry 5.0," Logistics, MDPI, vol. 7(3), pages 1-21, July.
  • Handle: RePEc:gam:jlogis:v:7:y:2023:i:3:p:43-:d:1201041
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    Cited by:

    1. Sandija Zeverte-Rivza & Ieva Brence & Ina Gudele & Baiba Rivza & Peteris Rivza, 2024. "Digitalization Risks in the Bioeconomy: An Enterprise-Level Perspective," Sustainability, MDPI, vol. 16(2), pages 1-17, January.

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