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A Factor Exploration and Empirical Study on the Influence of the Fourth Industrial Revolution on Employment: Focus on Korean Sample

Author

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  • Jongchang Ahn

    (Department of Information Systems, Hanyang University, Seoul 04764, Korea)

  • Yirang Jang

    (Office of the Small and Medium Business Ombudsman, Seoul 30171, Korea)

  • Yoonki Rhee

    (Department of Information Systems, Hanyang University, Seoul 04764, Korea)

Abstract

This study aims to analyze whether technological changes in the fourth industrial revolution (4IR), as independent variables, can influence employment, a dependent variable. It categorizes scientific technology changes in the 4IR based on related research, and identifies six factors and corresponding research hypotheses. The paths for the six hypotheses were analyzed using 275 effective samples. Results show that life-convenience technology and blockchain technology variables significantly influenced employment ( p < 0.001). Additionally, innovation technology, interface technology, human life technology, and 3D technology variables significantly influenced employment ( p < 0.01). The power of the total variance explanation (69.596%) for the employment influence was very high. Seven items—self-driving cars, decision-making using big data, Internet of Things, Wearable Internet, Designer Beings, 3D printing technology and human health, and Bitcoin and blockchain—were statistically significant for the employment effect. The study obtained effective paths for the employment influence of fundamental technologies and derived the demographic variable presenting a meaningful difference among groups. This research seeks a policy direction that enables preparation for 4IR deployment. It also contributes to the academic sphere in meaningfully and empirically classifying the technology factors of the 4IR.

Suggested Citation

  • Jongchang Ahn & Yirang Jang & Yoonki Rhee, 2022. "A Factor Exploration and Empirical Study on the Influence of the Fourth Industrial Revolution on Employment: Focus on Korean Sample," Sustainability, MDPI, vol. 14(16), pages 1-21, August.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:16:p:9903-:d:885162
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    References listed on IDEAS

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    Cited by:

    1. Hyodong Ha & Changbae Mun, 2023. "Evolutionary System Design for Virtual Field Trip Platform," Sustainability, MDPI, vol. 15(20), pages 1-15, October.
    2. Jongchang Ahn & Soonki Jeong & Donghan Lee, 2023. "Research on the Items of Importance and Satisfaction for Employability in the Korean Information Communication Technology Sector," Sustainability, MDPI, vol. 15(16), pages 1-20, August.

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