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The Readiness of the European Union to Embrace the Fourth Industrial Revolution


  • Eva Kuruczleki

    (University of Szeged, Hungary)

  • Anita Pelle

    (University of Szeged, Hungary)

  • Renata Laczi

    (University of Szeged, Hungary)

  • Boglarka Fekete

    (University of Szeged, Hungary)


Knowledge has become a crucial factor of production in the developed economies and, as humans are the carriers and utilisers of knowledge, skilled human resource is gaining similarly large relevance. These advancements are elements of the substantial changes that characterise the fourth industrial revolution – a phenomenon worth studying in detail. The European Union has been explicitly concerned about the shift to the knowledge economy since the Lisbon Summit of 2000. More than one and a half decades later the eu’s readiness to embrace the knowledge-driven fourth industrial revolution can be examined. We undertake that by creating an index based on various related data.

Suggested Citation

  • Eva Kuruczleki & Anita Pelle & Renata Laczi & Boglarka Fekete, 2016. "The Readiness of the European Union to Embrace the Fourth Industrial Revolution," Management, University of Primorska, Faculty of Management Koper, vol. 11(4), pages 327-347.
  • Handle: RePEc:mgt:youmng:v:11:y:2016:i:4:p:327-347

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    References listed on IDEAS

    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. Elsner, Wolfram & Heinrich, Torsten & Schwardt, Henning, 2014. "The Microeconomics of Complex Economies," Elsevier Monographs, Elsevier, edition 1, number 9780124115859.
    3. Richard Arena & Agnès Festré & Nathalie Lazaric, 2012. "Handbook of Knowledge and Economics," Post-Print halshs-00721485, HAL.
    4. Véronique Dutraive, 2012. "The pragmatist view of knowledge and beliefs in institutional economics : the significance of habits of thought, transactions and institutions in the conception of economic behavior," Post-Print halshs-00717250, HAL.
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    Cited by:

    1. Letícia Castro Peixoto & Ricardo Rodrigues Barbosa & Adriana Ferreira Faria, 2022. "Management of Regional Knowledge: Knowledge Flows Among University, Industry, and Government," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 92-110, March.
    2. Paupini, Cristina & van der Zeeuw, Alex & Fiane Teigen, Helene, 2022. "Trust in the institution and privacy management of Internet of Things devices. A comparative case study of Dutch and Norwegian households," Technology in Society, Elsevier, vol. 70(C).
    3. Hayriye ATİK & Fatma ÜNLÜ, 2020. "Industry 4.0-Related Digital Divide in Enterprises: An Analysis for The European Union-28," Sosyoekonomi Journal, Sosyoekonomi Society, issue 28(45).

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