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Social Economy and its relationship with the Industry 4.0. A study in Guanajuato’s SMEs

Author

Listed:
  • Maria Guadalupe Arredondo-Hidalgo

    (Universidad de Guanajuato, Mexic)

  • Diana del Consuelo Caldera-Gonzalez

    (Universidad de Guanajuato, Mexic)

Abstract

The objective of this research paper is to determine the degree of relationship between the emergent technologies and the industry 4.0, and the Social and Solidarity-based Economic model. The research paper is a product of a quantitative analysis in 62 Guanajuato state’s (Mexico) SMEs. The results show that there is a correlation between economy 4.0 and social economy. Therefore, it is necessary to create the required conditions to display the Industry 4.0 within the fabrication process, in which the following aspects are found: the development of national strategies, which lead the coordinate display of Industry 4.0; the creation of a multilateral mechanism, in which the interested parts institutionalize a participative scope in order to promote Industry 4.0; the creation of international cooperation mechanisms to accelerate the transfer of technology and technical knowledge.

Suggested Citation

  • Maria Guadalupe Arredondo-Hidalgo & Diana del Consuelo Caldera-Gonzalez, 2022. "Social Economy and its relationship with the Industry 4.0. A study in Guanajuato’s SMEs," Technium Social Sciences Journal, Technium Science, vol. 37(1), pages 241-249, November.
    • Handle: RePEc:tec:journl:v:37:y:2022:i:1:p:241-249
    DOI: 10.47577/tssj.v37i1.7573
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    More about this item

    Keywords

    project management; 4.0 Industry; digitalization; knowledge management; innovation; project complexity; Micro; Small; and Medium Enterprises Sector (MSMEs); e-social structure;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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