Impact of Knowledge Management Strategies on Academic Performance in the Context of the Transition to Education 4.0

The concept of Education 4.0 emerged linked to trends regarding Industry 4.0 and Internet 4.0 and is based on the integration of emerging technologies to revolutionize the way education is delivered. The use of these emerging technologies has created a vast amount of data that requires careful and thorough management in order to obtain the most possible benefits such as developing personalized learning experiences, smart ways of tracking student progress and providing feedback to all parties involved in the educational process. Therefore, knowledge management tools and strategies are gaining more importance, especially in the context of higher education institutions which have been identified as important sources of knowledge creation and sharing. The implementation of specific knowledge management strategies can furthermore help facilitate the transition to Education 4.0 by embracing key aspects of Industry 4.0 and Internet 4.0 such as promoting a culture of innovation, collaboration, continuous learning, providing a support system for streamlining administrative processes, cost reduction and improving the decision-making process. In the current paper, the authors analyse the current trends regarding knowledge management strategies deployed in Education 4.0 and propose a set of possible approaches which take into account knowledge management practices for an efficient transition to Education 4.0. The set of possible approaches and Industry 4.0 tools that could facilitate the transition have been organized in a structured, easy to follow model based on a four-stage process that relies on the feedback loops from both the process inputs and outputs. Using the proposed model facilitates the transition to Education 4.0 and helps practitioners understand the main aspects of each stage and select the Industry 4.0 tools that can be used in their respective context in order to yield most benefits.