Industry 4.0 in international business research

成果类型:
Editorial Material
署名作者:
Luo, Yadong; Zahra, Shaker A.
署名单位:
University of Miami; University of Minnesota System; University of Minnesota Twin Cities
刊物名称:
JOURNAL OF INTERNATIONAL BUSINESS STUDIES
ISSN/ISSBN:
0047-2506
DOI:
10.1057/s41267-022-00577-9
发表日期:
2023
页码:
403-417
关键词:
Industry 4.0 digitalization intelligence MNE strategy New IB landscape
摘要:
The advent of Industry 4.0 promises to transform the global business landscape, the nature of markets and industries, and the way multinationals organize their operations as well as how and where they compete. These changes will have important - indeed profound - implications for IB scholarship. In this article, we explain Industry 4.0 and its distinguishing characteristics; discuss its organizational and strategic implications for multinationals; and outline the fundamental questions it raises for future IB research. To spur future analysis, we also present a conceptual foundation that articulates the new features, processes, and capabilities that support MNEs' pursuit of Industry 4.0-related opportunities surrounding digitalization, intelligence, technology, and innovation. We also discuss what Industry 4.0 means for IB research concerning social engagement, environmental sustainability, and international entrepreneurship. We elucidate how this new landscape shapes the extant IB literature and how future research can push it further along.
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