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Industry 4.0 in Management Studies: A Systematic Literature Review

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  • Michela Piccarozzi

    (Department of Economics, Engineering, Society and Business Organization, University of ‘Tuscia’ of Viterbo, 01100 Viterbo, Italy)

  • Barbara Aquilani

    (Department of Economics, Engineering, Society and Business Organization, University of ‘Tuscia’ of Viterbo, 01100 Viterbo, Italy)

  • Corrado Gatti

    (Department of Management, Sapienza University of Rome, 00161 Rome, Italy)

Abstract

Recent developments in production processes and their automation have led to the definition of the Fourth Industrial Revolution, commonly known as “Industry 4.0”. Industry 4.0 is a very broad domain that includes: production processes, efficiency, data management, relationship with consumers, competitiveness, and much more. At the same time, obviously, Industry 4.0 has become a new theme for management scholars and business economics disciplines and a number of contributions covering various issues and aspects have been published. However, a systematic formulation of all these contributions is still lacking in management literature. Therefore, the aim of the paper is to analyze and classify the main contributions published on the topic of Industry 4.0 in management literature, seeking to give it a unique definition, discover the gaps still remaining in literature and outline future avenues of research in this domain. A systematic review of the literature of the major academic and research databases has been used as methodology to achieve the aim of the paper. This work contributes theoretically to the development of literature on Industry 4.0 and from a managerial perspective it could support entrepreneurs in better understanding the implications and fields of application of the Fourth Industrial Revolution as well as the interplay among them.

Suggested Citation

  • Michela Piccarozzi & Barbara Aquilani & Corrado Gatti, 2018. "Industry 4.0 in Management Studies: A Systematic Literature Review," Sustainability, MDPI, vol. 10(10), pages 1-24, October.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:10:p:3821-:d:177379
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    Cited by:

    1. Yüksel, Hilmi, 2020. "An empirical evaluation of industry 4.0 applications of companies in Turkey: The case of a developing country," Technology in Society, Elsevier, vol. 63(C).
    2. Fromhold-Eisebith, Martina & Marschall, Philip & Peters, Robert & Thomes, Paul, 2021. "Torn between digitized future and context dependent past – How implementing ‘Industry 4.0’ production technologies could transform the German textile industry," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    3. Govindan, Kannan & Kannan, Devika & Jørgensen, Thomas Ballegård & Nielsen, Tim Straarup, 2022. "Supply Chain 4.0 performance measurement: A systematic literature review, framework development, and empirical evidence," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 164(C).
    4. Dag Øivind Madsen, 2019. "The Emergence and Rise of Industry 4.0 Viewed through the Lens of Management Fashion Theory," Administrative Sciences, MDPI, vol. 9(3), pages 1-25, September.
    5. Marco Bettiol & Mauro Capestro & Eleonora Di Maria & Stefano Micelli, 2020. "At The Roots Of The Fourth Industrial Revolution: How ICT Investments Affect Industry 4.0 Adoption," "Marco Fanno" Working Papers 0253, Dipartimento di Scienze Economiche "Marco Fanno".
    6. Shah, Tushar R., 2022. "Can big data analytics help organisations achieve sustainable competitive advantage? A developmental enquiry," Technology in Society, Elsevier, vol. 68(C).
    7. Mariani, Marcello & Borghi, Matteo, 2019. "Industry 4.0: A bibliometric review of its managerial intellectual structure and potential evolution in the service industries," Technological Forecasting and Social Change, Elsevier, vol. 149(C).
    8. Culot, Giovanna & Nassimbeni, Guido & Orzes, Guido & Sartor, Marco, 2020. "Behind the definition of Industry 4.0: Analysis and open questions," International Journal of Production Economics, Elsevier, vol. 226(C).
    9. Tamvada, Jagannadha Pawan & Narula, Sanjiv & Audretsch, David & Puppala, Harish & Kumar, Anil, 2022. "Adopting new technology is a distant dream? The risks of implementing Industry 4.0 in emerging economy SMEs," Technological Forecasting and Social Change, Elsevier, vol. 185(C).
    10. Piccarozzi, Michela & Silvestri, Cecilia & Aquilani, Barbara & Silvestri, Luca, 2022. "Is this a new story of the ‘Two Giants’? A systematic literature review of the relationship between industry 4.0, sustainability and its pillars," Technological Forecasting and Social Change, Elsevier, vol. 177(C).
    11. Rafael, Lizarralde Dorronsoro & Jaione, Ganzarain Epelde & Cristina, López & Ibon, Serrano Lasa, 2020. "An Industry 4.0 maturity model for machine tool companies," Technological Forecasting and Social Change, Elsevier, vol. 159(C).
    12. Benitez, Guilherme Brittes & Ayala, Néstor Fabián & Frank, Alejandro G., 2020. "Industry 4.0 innovation ecosystems: An evolutionary perspective on value cocreation," International Journal of Production Economics, Elsevier, vol. 228(C).
    13. James, Ajith Tom & Kumar, Girish & Tayal, Pushpal & Chauhan, Ashwin & Wadhawa, Chirag & Panchal, Jasmin, 2022. "Analysis of human resource management challenges in implementation of industry 4.0 in Indian automobile industry," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    14. Laubengaier, Désirée A. & Cagliano, Raffaella & Canterino, Filomena, 2022. "It Takes Two to Tango: Analyzing the Relationship between Technological and Administrative Process Innovations in Industry 4.0," Technological Forecasting and Social Change, Elsevier, vol. 180(C).
    15. Calabrese, Armando & Costa, Roberta & Tiburzi, Luigi & Brem, Alexander, 2023. "Merging two revolutions: A human-artificial intelligence method to study how sustainability and Industry 4.0 are intertwined," Technological Forecasting and Social Change, Elsevier, vol. 188(C).

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