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The Importance of the Smart Manufacturing Design at 4.0 Industrial Vision in Street Economy

In: Global Street Economy and Micro Entrepreneurship

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  • Merve Yildirim

Abstract

In advanced market economies, multinational companies have 4.0 concept for their international value chain. In this study, some of the distinguishing features of 4.0 are discussed as follows: smart products’ development which has location information; realisation of new business models such as using new services for employees in the workplace; individual differences in social infrastructure; sensitive new job structure; and better work–life balance. Low cost, rapid deployment, longevity, low maintenance costs, high quality of service to the application conditions, design of components and features of the platform and application of a low laborious platform-related monitoring with re-all design levels, are focussed on the launching properties. With this approach, it attracts ‘consensus’ phenomenon; and art market price changes of the street stock market movements are at risk from external factors, such as the ‘consensus’ which can manipulate and sign the market prices largely.

Suggested Citation

  • Merve Yildirim, 2020. "The Importance of the Smart Manufacturing Design at 4.0 Industrial Vision in Street Economy," Contemporary Studies in Economic and Financial Analysis, in: Global Street Economy and Micro Entrepreneurship, volume 103, pages 89-95, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:csefzz:s1569-375920200000103012
    DOI: 10.1108/S1569-375920200000103012
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