IDEAS home Printed from https://ideas.repec.org/a/taf/tprsxx/v58y2020i10p2953-2973.html
   My bibliography  Save this article

The relevance of Industry 4.0 and its relationship with moving manufacturing out, back and staying at home

Author

Listed:
  • Jan Stentoft
  • Christopher Rajkumar

Abstract

In view of the fact that Industry 4.0 is becoming increasingly essential, the implementation of Industry 4.0 technologies is believed to be an essential strategic component in further increasing the efficiency of manufacturing processes and in determining decisions concerning globalisation strategies. Thus, this paper provides an empirical analysis of the essential constructs of Industry 4.0, and drivers and barriers for Industry 4.0. The paper is based on 270 valid answers to a questionnaire-survey distributed among Danish manufacturers. Regression analyses were used to test the proposed hypotheses. The results of the analyses reveal that the identified drivers and barriers for Industry 4.0 have a positive impact on the perceived relevance of Industry 4.0 among companies. Furthermore, the analyses show that the perceived relevance of Industry 4.0 among companies has a positive impact on companies that have moved manufacturing back and on companies that have moved manufacturing out and back. Conversely, the perceived relevance of Industry 4.0 among companies has a negative impact on companies that have remained domestic. The perceived relevance of Industry 4.0 has no impact on companies that have moved manufacturing out. This research, in general, offers to both researchers and practitioners an increased consciousness concerning the relevant drivers and barriers for Industry 4.0 in decision processes about where to locate manufacturing.

Suggested Citation

  • Jan Stentoft & Christopher Rajkumar, 2020. "The relevance of Industry 4.0 and its relationship with moving manufacturing out, back and staying at home," International Journal of Production Research, Taylor & Francis Journals, vol. 58(10), pages 2953-2973, May.
    • Handle: RePEc:taf:tprsxx:v:58:y:2020:i:10:p:2953-2973
    DOI: 10.1080/00207543.2019.1660823
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00207543.2019.1660823
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00207543.2019.1660823?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Eleonora Di Maria & Valentina De Marchi & Ambra Galeazzo, 2022. "Industry 4.0 technologies and circular economy: The mediating role of supply chain integration," Business Strategy and the Environment, Wiley Blackwell, vol. 31(2), pages 619-632, February.
    2. Culot, Giovanna & Orzes, Guido & Sartor, Marco & Nassimbeni, Guido, 2020. "The future of manufacturing: A Delphi-based scenario analysis on Industry 4.0," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
    3. Paweł Kłobukowski & Jacek Pasieczny, 2020. "Impact of Resources on the Development of Local Entrepreneurship in Industry 4.0," Sustainability, MDPI, vol. 12(24), pages 1-25, December.
    4. Xie, Lei & Liu, Yunping & Han, Hongshuai & (Martin) Qiu, Chun, 2023. "Outsourcing or reshoring? A manufacturer's sourcing strategy in the presence of government subsidy," European Journal of Operational Research, Elsevier, vol. 308(1), pages 131-149.
    5. Mișa Anamaria, 2023. "Continuous Professional Training in the Banking of the Future," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 17(1), pages 2139-2149, July.
    6. Yu, Yubing & Zhang, Justin Zuopeng & Cao, Yanhong & Kazancoglu, Yigit, 2021. "Intelligent transformation of the manufacturing industry for Industry 4.0: Seizing financial benefits from supply chain relationship capital through enterprise green management," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    7. Pinheiro, Alexandra & Sochirca, Elena & Afonso, Oscar & Neves, Pedro Cunha, 2023. "Automation and off(re)shoring: A meta-regression analysis," International Journal of Production Economics, Elsevier, vol. 264(C).
    8. Dabić, Marina & Maley, Jane F. & Črešnar, Rok & Nedelko, Zlatko, 2023. "Unappreciated channel of manufacturing productivity under industry 4.0: Leadership values and capabilities," Journal of Business Research, Elsevier, vol. 162(C).
    9. Dieste, Marcos & Sauer, Philipp C. & Orzes, Guido, 2022. "Organizational tensions in industry 4.0 implementation: A paradox theory approach," International Journal of Production Economics, Elsevier, vol. 251(C).
    10. Senna, Pedro P. & Bonnin Roca, Jaime & Barros, Ana C., 2023. "Overcoming barriers to manufacturing digitalization: Policies across EU countries," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    11. Peichao Dai & Ruxu Sheng & Zhongzhen Miao & Zanxu Chen & Yuan Zhou, 2021. "Analysis of Spatial–Temporal Characteristics of Industrial Land Supply Scale in Relation to Industrial Structure in China," Land, MDPI, vol. 10(11), pages 1-18, November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:tprsxx:v:58:y:2020:i:10:p:2953-2973. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TPRS20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.