The Fourth Industrial Revolution has prompted companies to adapt to a new business paradigm based on digital interconnection and the ability to respond quickly to the needs of consumers and users. This has become increasingly true over the last few years as the spread of the COVID-19 pandemic has conclusively highlighted how digital innovation and the rethinking of business models is crucial for business survival in the digital era. These conditions are closely related to the advent of digital technologies that enable the real-time integration of devices and the control of production systems through technological platforms.
This book represents a collaboration of leading international experts on the study of innovation management, grouping experiences from various countries within an empirical context while using a consistent methodology and analytical framework. It investigates the forms and methods being used by companies to confront Industry 4.0, as well as the impact of new digital technologies on corporate evolutionary dynamics and related business models. More specifically, it assesses the influence of new technologies on productivity and investment in complementary resources--including human, organizational, and managerial capital--as well as the effects related to the introduction of Internet of Things (IoT)-based production processes. The book focuses on how innovation dynamics have changed the way in which firms, clusters, and SMEs create and capture value.
The book will be essential reading for advanced students as well as researchers and policymakers in regional studies, industrial policy, economic geography, innovation studies, operations management, and engineering.
About the Author: Bernardino Quattrociocchi is Full Professor of Management at the Sapienza University of Rome's Faculty of Economics.
Mario Calabrese, PhD, is Assistant Professor in the Department of Management, the Faculty of Economics, the Sapienza University of Rome.
Francesco Mercuri, PhD, is Adjunct Professor in Production Management and Logistic Systems, the Department of Management, the Faculty of Economics, the Sapienza University of Rome.
Francesca Iandolo, PhD, is Assistant Professor in Management at the Sapienza University of Rome, where she teaches Economics and Business Management and Innovation and Organization of Companies.
