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Convergence of the Technologies of the Fourth Industrial Revolution and the Systematic Consequences for the Economies and Societies (Part II)

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  • Hristo Prodanov

Abstract

Second part discusses the change in scientific knowledge and its increasingly convergent nature; the convergence between technologies and humans, their increasing interconnectivity and interdependence; the emergence of digital ecosystems and new forms of value generation; and finally the consequences for politicoeconomic systems and the need for systematic changes in them, through which to respond to the challenges dictated by technological convergence, by its emergent and synergistic characteristics, and through them, to the exponential changes at all levels of societies.

Suggested Citation

  • Hristo Prodanov, 2020. "Convergence of the Technologies of the Fourth Industrial Revolution and the Systematic Consequences for the Economies and Societies (Part II)," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 117-132, December.
  • Handle: RePEc:nwe:iisabg:y:2020:i:4:p:117-132
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    More about this item

    Keywords

    system; convergence; industrial revolution; digital technology;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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