THE IMPACT OF THE INTRODUCTION OF INDUSTRY 4.0 TECHNOLOGIES ON THE IMPLEMENTATION OF INTERNATIONAL COMPETITIVE STRATEGIES OF NATIONAL ECONOMIES

Authors

DOI:

https://doi.org/10.35433/ISSN2410-3748-2023-2(33)-5

Keywords:

digitalization, competitiveness, Industry 4.0, innovation, international competitive strategies

Abstract

Modern technological transformations associated with Industry 4.0 have a significant influence on the competitiveness of national economies on a global scale. The article analyzes the impact of the introduction of Industry 4.0 technologies on the implementation of international competitive strategies, focusing on key economies such as China, the United States of America, Germany, France, Japan, South Korea, India, Australia, Brazil, South Africa, Pakistan, Venezuela, and Ukraine. The main competitive strategies that take into account the new technological context are considered. These include digital transformation strategies, the use of artificial intelligence, the Internet of Things and other aspects of Industry 4.0. In particular, the article examines which technological innovations are reflected in the strategies of leading countries and how they contribute to their international competitive success. Great attention is paid to the aspects that influence the formation of competitive strategies of national economies, such as changes in global supply chains, development of digital platforms, cybersecurity and response to the challenges of technological shifts. The main focus is on the fact that enterprises tending to increase their international competitiveness should develop strategies taking into account the new technological context. The core strategies are digital transformation, globalization, innovation, and partnership. These strategies include adjusting to new technologies, increasing international presence, seeking innovation, and cooperating with other parties for common success. The paper highlights not only the positive aspects of implementing Industry 4.0 technologies, but also the risks associated with the unequal distribution of technological capabilities between countries. It emphises the interaction of countries in the context of international economic relations and the development of cooperation strategies to ensure mutual benefits. The article can serve as an important source for specialists in the field of economics, public administration and business, as well as for researchers interested in the relationship between technological development and the competitiveness of national economies in the modern world.

References

Dzhafarova, E., Karpenko, M. (2021). Osoblyvosti ta problemy vprovadzhennia Industrii 4.0 v Ukraini [Features and problems of Industry 4.0 implementation in Ukraine]. Ekonomika ta suspilstvo, 32. Retrieved from https://economyansociety.in.ua/index.php/journal/article/view/764 [In Ukrainian].

Dyba, M., Gernego, Iu. (2020). Vyklyky Industrii 4.0 u konteksti yii stanovlennia na hlobalnomu i natsionalnomu rivniakh [Challenges of Industry 4.0 in the context of its formation at the global and national levels]. Ekonomika Ukrainy, vol. 6, pp. 43-59 [In Ukrainian].

Dykan,O. V., Stoyan, M.M. (2023). Realizatsiia stratehii dyversyfikovanoho zrostannia biznesu v konteksti vprovadzhennia tekhnolohii Industrii 4.0 [Implementation of diversified business growth strategies in the context of the introduction of Industry 4.0 technologies], Visnyk ekonomiky transportu i promyslovosti, vol. 81-82, pp. 138-149 [In Ukrainian].

Kravchuk, Y., Voitko, S. (2021). Formuvannia i realizatsiia stratehii rozvytku Industrii 4.0 u mizhnarodnomu konteksti [Formation and implementation of Industry 4.0 development strategies in the international context], Ekonomika ta derzhava, vol. 12, pp. 48-53 [In Ukrainian].

Kravchuk, Y., Voitko, S. (2021). Realizatsiia stratehii rozvytku tekhnolohii Industrii 4.0 v mizhnarodnii ekonomitsi [Implementation of strategies for the development of Industry 4.0 technologies in the international economy], Zbirnyk prats XVII Vseukrainskoi naukovo-praktychnoi konferentsii studentiv, aspirantiv ta molodykh vchenykh «Efektyvnist ta avtomatyzatsiia inzhenernykh rishen u pryladobuduvanni», 07-08 hrudnia 2021 r., KPI im. Ihoria Sikorskoho, pp. 349-353 [In Ukrainian].

Ofitsiina storinka Asotsiatsii pidpryiemstv promyslovoi avtomatyzatsii Ukrainy. Retrieved from https://appau.org.ua/ [In Ukrainian].

Ofitsiinyi sait Mizhnarodnoho instytutu rozvytku menedzhmentu. Retrieved from https://www.imd.org/ [In English].

Putsenteilo, P.R., Humeniuk, O.O. (2018). Tsyfrova ekonomika yak novitnii vektor rekonstruktsii tradytsiinoi ekonomiky [Digital economy as the modern vector of reconstruction of the traditional economy], Innovatsiina ekonomika, vol. 5-6 (75), pp. 131-143. Retrieved from http://dspace.wunu.edu.ua/handle/316497/32028 [In Ukrainian].

Popko, O., Malchyk, М., Oplachko, І. (2022). Identification of the importance of Ukraine in international globalization and integration processes. Visnyk Khmelnytskoho natsionalnoho universytetu. Seriia: «Ekonomichni nauky», vol. 1, pp. 244-252 [In English].

Henning Kagermann, Reiner Anderl, Jürgen Gausemeier, Günther Schuh, Wolfgang Wahlster (Hrsg.) (2018). Industrie 4.0 in a Global Context: Strategies for Cooperating with International Partners (acatech STUDY). Retrieved from http://surl.li/csypu [In English].

Published

2023-12-27