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Exploring the Determinants of Industry 4.0 Development Using an Extended SWOT Analysis: A Regional Study

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  • Katarzyna Szum

    (Faculty of Engineering Management, Bialystok University of Technology, Wiejska Street 45A, 15-351 Bialystok, Poland)

  • Joanicjusz Nazarko

    (Faculty of Engineering Management, Bialystok University of Technology, Wiejska Street 45A, 15-351 Bialystok, Poland)

Abstract

Researchers and practitioners argue that in the global context of the Fourth Industrial Revolution, also labelled Industry 4.0, the regional dimension of industrial development remains equally essential. A region that effectively implements the concept of Industry 4.0 can accelerate by enhancing the manufacturing energy efficiency, thus contributing to the goals of the “Green Deal” policy. Therefore, to support the policy-making process, it is necessary to develop analytical tools exploring the determinants of the Industry 4.0 development. This paper presents a methodology of strategic analysis of a region in terms of the Industry 4.0 development potential. The core of the methodology is an extended Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis. The study identifies regional strengths and weaknesses, external incentives and disincentives, internal opportunities and threats, and external opportunities and threats with regard to the development of Industry 4.0, related technologies and the potential of increasing manufacturing energy efficiency. The research procedure is exemplified by the case of Podlaskie Voivodeship in Poland. The results of this study demonstrate the robustness of the proposed approach. The elaborated methodology can be used by decision-makers in designing strategies for the development of fourth-generation industry at a regional level.

Suggested Citation

  • Katarzyna Szum & Joanicjusz Nazarko, 2020. "Exploring the Determinants of Industry 4.0 Development Using an Extended SWOT Analysis: A Regional Study," Energies, MDPI, vol. 13(22), pages 1-27, November.
    • Handle: RePEc:gam:jeners:v:13:y:2020:i:22:p:5972-:d:445821
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    Cited by:

    1. Konstantinos Salonitis, 2023. "Manufacturing Energy Efficiency and Industry 4.0," Energies, MDPI, vol. 16(5), pages 1-4, February.
    2. Mello, José André Villas Boas & Pinto, Bruno Guimarães Jorge & Mello, Andréa Justino Ribeiro, 2022. "SWOT analysis and GUT matrix for business management and problem solving: an application in a Brazilian case-study," Cuadernos de Gestión, Universidad del País Vasco - Instituto de Economía Aplicada a la Empresa (IEAE).
    3. Tímea Czvetkó & Gergely Honti & János Abonyi, 2021. "Regional development potentials of Industry 4.0: Open data indicators of the Industry 4.0+ model," PLOS ONE, Public Library of Science, vol. 16(4), pages 1-20, April.
    4. Rafał Trzaska & Adam Sulich & Michał Organa & Jerzy Niemczyk & Bartosz Jasiński, 2021. "Digitalization Business Strategies in Energy Sector: Solving Problems with Uncertainty under Industry 4.0 Conditions," Energies, MDPI, vol. 14(23), pages 1-21, November.
    5. Dorota Czerwińska-Kayzer & Tomasz Kleiber & Agnieszka Wolna-Maruwka & Przemysław Frankowski & Ryszard Staniszewski & Dariusz Kayzer, 2023. "Sustainable Use of Organic Matter Obtained from the Bottom of a Post-Mining Pit Reservoir—A Case Study on the Creation of Raduszyn Lake in Poland," Energies, MDPI, vol. 16(5), pages 1-26, February.

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