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What is Industry 4.0.

Chapter 12
Organizational Transformation and Managing Innovation in the Fourth Industrial Revolution
Term coined by the German government to define the intelligent company, that is, a vision of digital manufacturing with all processes interconnected by the internet of things (IoT). When firms act on a “global” scale, the IoT evolves to the industrial internet of things (I2oT) when the corporation acts on a “glocal” scale.
Published in Chapter:
Managing Social Innovation Through CSR 2.0 and the Quadruple Helix: A Socially Inclusive Business Strategy for the Industry 4.0
José Manuel Saiz-Alvarez (EGADE Business School, Tecnologico de Monterrey, Mexico)
Copyright: © 2019 |Pages: 17
DOI: 10.4018/978-1-5225-7074-5.ch012
Abstract
The quadruple helix models are widely used when you want to have an integrating vision of the strategies used to combat poverty in emerging countries, including Mexico. The objective of this chapter is to propose a novel model of quadruple helix based on ethics and CSR 2.0 that can lay the foundations to develop the Industry 4.0 in emerging countries. To achieve this objective, the author distinguishes between CSR 1.0 and 2.0. Second, these concepts are united with the economy of the common good and the economy of solidarity. These conceptual bases will allow us to develop the relationship between business ethics and the Industry 4.0 to reach some conclusions.
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