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Industry 5.0: Towards a Sustainable, Human-Centric and Resilient European Industry

Author

Listed:
  • Maija BREQUE

    (European Commission, Directorate-General for Research and Innovation, Directorate F — Prosperity, Unit F.5 — Industry 5.0)

  • Lars DE NUL

    (European Commission, Directorate-General for Research and Innovation, Directorate F — Prosperity, Unit F.5 — Industry 5.0)

  • Athanasios PETRIDIS

    (European Commission, Directorate-General for Research and Innovation, Directorate F — Prosperity, Unit F.5 — Industry 5.0)

Abstract

Industry 5.0 complements the existing Industry 4.0 paradigm by highlighting research and innovation as drivers for a transition to a sustainable, human-centric and resilient European industry. It moves focus from shareholder to stakeholder value, with benefits for all concerned. Industry 5.0 attempts to capture the value of new technologies, providing prosperity beyond jobs and growth, while respecting planetary boundaries, and placing the wellbeing of the industry worker at the centre of the production process.

Suggested Citation

  • Maija BREQUE & Lars DE NUL & Athanasios PETRIDIS, 2021. "Industry 5.0: Towards a Sustainable, Human-Centric and Resilient European Industry," EU research an innovation paper series KI-BD-20-021-EN-N, Directorate General for Research and Innovation (DG RTD) of the European Commission.
    • Handle: RePEc:eug:wpaper:ki-bd-20-021-en-n
    DOI: 10.2777/308407
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    Keywords

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    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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