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The Futures of Europe: Society 5.0 and Industry 5.0 as Driving Forces of Future Universities

Author

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  • Elias G. Carayannis

    (George Washington University)

  • Joanna Morawska-Jancelewicz

    (Adam Mickiewicz University)

Abstract

The concept of Society 5.0 and Industry 5.0 is not a simple chronological continuation or alternative to Industry 4.0 paradigm. Society 5.0 aims to place human beings at the midpoint of innovation, exploiting the impact of technology and Industry 4.0 results with the technological integration to improve quality of life, social responsibility and sustainability. This ground-breaking perspective has common points with the objectives of the United Nations Sustainable Development Goals. It also has major implication for universities transformations. Universities are called upon producing knowledge for new technologies and social innovation. In our paper, we argue that digitalisation opens new perspectives for universities and can become one of the main drivers of their change. Incorporating the assumptions of Society 5.0 and Industry 5.0 into the universities practices and policies will allow both universities and societies to fully benefit from digital transformation. Making the human-oriented innovation as the universities trademark and developing new cooperative models will also help to achieve sustainable priorities. The use of the Quintuple Helix Model (QHM) might foster the process of necessary transformations capacities as it integrates different perspectives and sets the stage for sustainability priorities and considerations. As far as the practical goal is concerned, the paper proposes a set of recommendations for universities aiming at developing new forms and channels of distribution of education, research and innovation within in the context of QHM and Society 5.0. We call them socially and digitally engaged model.

Suggested Citation

  • Elias G. Carayannis & Joanna Morawska-Jancelewicz, 2022. "The Futures of Europe: Society 5.0 and Industry 5.0 as Driving Forces of Future Universities," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 3445-3471, December.
    • Handle: RePEc:spr:jknowl:v:13:y:2022:i:4:d:10.1007_s13132-021-00854-2
    DOI: 10.1007/s13132-021-00854-2
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    References listed on IDEAS

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    1. Elias G. Carayannis & David F. J. Campbell & Evangelos Grigoroudis, 2021. "Democracy and the Environment: How Political Freedom Is Linked with Environmental Sustainability," Sustainability, MDPI, vol. 13(10), pages 1-15, May.
    2. Elias G. Carayannis & Gaye Acikdilli & Christopher Ziemnowicz, 2020. "Creative Destruction in International Trade: Insights from the Quadruple and Quintuple Innovation Helix Models," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(4), pages 1489-1508, December.
    3. Joana Costa & João C.O. Matias, 2020. "Open Innovation 4.0 as an Enhancer of Sustainable Innovation Ecosystems," Sustainability, MDPI, vol. 12(19), pages 1-19, October.
    4. Guillermo Rodríguez-Abitia & Graciela Bribiesca-Correa, 2021. "Assessing Digital Transformation in Universities," Future Internet, MDPI, vol. 13(2), pages 1-16, February.
    5. Elias Carayannis & Ruslan Rakhmatullin, 2014. "The Quadruple/Quintuple Innovation Helixes and Smart Specialisation Strategies for Sustainable and Inclusive Growth in Europe and Beyond," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(2), pages 212-239, June.
    6. Emilio Abad-Segura & Mariana-Daniela González-Zamar & Juan C. Infante-Moro & Germán Ruipérez García, 2020. "Sustainable Management of Digital Transformation in Higher Education: Global Research Trends," Sustainability, MDPI, vol. 12(5), pages 1-24, March.
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    Cited by:

    1. Qi Yao & Hongjuan Tang & Francis Boadu & Yu Xie, 2023. "Digital Transformation and Firm Sustainable Growth: The Moderating Effects of Cross-border Search Capability and Managerial Digital Concern," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(4), pages 4929-4953, December.
    2. Anđelka Štilić & Edisa Puška & Adis Puška & Darko Božanić, 2023. "An Expert-Opinion-Based Evaluation Framework for Sustainable Technology-Enhanced Learning Using Z-Numbers and Fuzzy Logarithm Methodology of Additive Weights," Sustainability, MDPI, vol. 15(16), pages 1-18, August.
    3. Morteza Ghobakhloo & Mohammad Iranmanesh & Manuel E. Morales & Mehrbakhsh Nilashi & Azlan Amran, 2023. "Actions and approaches for enabling Industry 5.0‐driven sustainable industrial transformation: A strategy roadmap," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(3), pages 1473-1494, May.
    4. Gabriela Ioana ENACHE, 2023. "The Impact of Society 5.0 on Supply Chain Management: Opportunities and Challenges," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 24(2), pages 280-292, May.
    5. Asif, Muhammad & Searcy, Cory & Castka, Pavel, 2023. "ESG and Industry 5.0: The role of technologies in enhancing ESG disclosure," Technological Forecasting and Social Change, Elsevier, vol. 195(C).

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