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Industry 4.0: New Challenges and Opportunities for the Labour Market

Author

Listed:
  • Sandrine Kergroach

    (OECD)

Abstract

The introductory article to the special issue “Labour Market in the Context of Technological Transformations” presents an overall picture of the latest technological trends altogether referred to as the Fourth Industrial Revolution (Industry 4.0), their impact on the changing structure of the labour market, the demand for prospective skills, as well as emerging policy challenges. The author concludes that ensuring the resilience, adaptability and efficiency of labour markets are therefore not only a matter of addressing the skills needs of the Next Production Revolution, but also a prerequisite to social stability and cohesion.

Suggested Citation

  • Sandrine Kergroach, 2017. "Industry 4.0: New Challenges and Opportunities for the Labour Market," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 11(4), pages 6-8.
    • Handle: RePEc:hig:fsight:v:11:y:2017:i:4:p:6-8
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    References listed on IDEAS

    as
    1. Maarten Goos & Alan Manning & Anna Salomons, 2009. "Job Polarization in Europe," American Economic Review, American Economic Association, vol. 99(2), pages 58-63, May.
    2. Melanie Arntz & Terry Gregory & Ulrich Zierahn, 2016. "The Risk of Automation for Jobs in OECD Countries: A Comparative Analysis," OECD Social, Employment and Migration Working Papers 189, OECD Publishing.
    3. David H. Autor & David Dorn, 2013. "The Growth of Low-Skill Service Jobs and the Polarization of the US Labor Market," American Economic Review, American Economic Association, vol. 103(5), pages 1553-1597, August.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Büchi, Giacomo & Cugno, Monica & Castagnoli, Rebecca, 2020. "Smart factory performance and Industry 4.0," Technological Forecasting and Social Change, Elsevier, vol. 150(C).
    2. Basile, Vincenzo & Tregua, Marco & Giacalone, Massimiliano, 2024. "A three-level view of readiness models: Statistical and managerial insights on industry 4.0," Technology in Society, Elsevier, vol. 77(C).
    3. Aigul Akhmetova & Elmira Otar & Nurlan Baigabylov, 2024. "Evaluating the 'Bastau Business' Program: Impacts on Entrepreneurial Competencies and SME Formation," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 42-61.
    4. Kipper, Liane Mahlmann & Iepsen, Sandra & Dal Forno, Ana Julia & Frozza, Rejane & Furstenau, Leonardo & Agnes, Jéssica & Cossul, Danielli, 2021. "Scientific mapping to identify competencies required by industry 4.0," Technology in Society, Elsevier, vol. 64(C).

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    More about this item

    Keywords

    new production revolution; labour market; demand for skills; production automation; social implications;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy
    • 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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