The Enabling Technologies of Industry 4.0: Examining the Seeds of the Fourth Industrial Revolution

Industrial and Corporate Change, Forthcoming

48 Pages Posted: 14 Jan 2021

See all articles by Arianna Martinelli

Arianna Martinelli

Scuola Superiore Sant'Anna di Pisa

Andrea Mina

Scuola Superiore Sant'Anna; Scuola Superiore Sant'Anna

Massimo Moggi

affiliation not provided to SSRN

Date Written: October 10, 2020

Abstract

Technological revolutions mark profound transformations in socio-economic systems. They are associated with the development and diffusion of general purpose technologies that display very high degrees of pervasiveness, dynamism and complementarity. This paper provides an in-depth examination of the technologies underpinning the ‘factory of the future’ as profiled by the Industry 4.0 paradigm. It contains an exploratory comparative analysis of the technological bases and the emergent patterns of development of Internet of Things (IoT), big data, cloud, robotics, artificial intelligence and additive manufacturing. We qualify the ‘enabling’ nature of these technologies. We then test whether, taken together and individually, they display the characteristics of generality, originality and longevity associated with general purpose technologies. Finally, we discuss key themes for future research on this topic from an industrial structural change perspective.

Keywords: Industry 4.0, Technological Paradigm, Enabling Technology, Digitalization, General Purpose Technology, Automation, Artificial Intelligence

JEL Classification: O33; O31; L01.

Suggested Citation

Martinelli, Arianna and Mina, Andrea and Moggi, Massimo, The Enabling Technologies of Industry 4.0: Examining the Seeds of the Fourth Industrial Revolution (October 10, 2020). Industrial and Corporate Change, Forthcoming, Available at SSRN: https://ssrn.com/abstract=3726922 or http://dx.doi.org/10.2139/ssrn.3726922

Arianna Martinelli

Scuola Superiore Sant'Anna di Pisa ( email )

Biblioteca Scuola Superiore Sant'Anna
Piazza Martiri della Liberta, n. 33
Pisa, 56127
Italy

Andrea Mina (Contact Author)

Scuola Superiore Sant'Anna ( email )

Pisa
Italy

HOME PAGE: http://https://www.santannapisa.it/it/andrea-mina

Scuola Superiore Sant'Anna ( email )

Institute of Economics
Piazza Martiri della Liberta n. 33
Pisa, 56127
Italy

Massimo Moggi

affiliation not provided to SSRN

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