Exploring the Transition from Techno-Centric Industry 4.0 Towards Value-Centric Industry 5.0

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Abstract

This systematic literature review synthesises the literature on human centric IN 4.0 and IN 5.0 while exploring driving forces behind the transition from technocentric IN 4.0 to value centric IN 5.0 using the principles of the multiple level perspective (MLP). Works that discuss contextual, regime and niche level factors which impact on the transition were explored. The Covid- 19 pandemic and Climate change are identified as key contextual, ‘Landscape’, factors impacting the transition while Trust, Mass personalisation and Autonomy are highlighted as key Regime factors. In terms of Niche innovations, Advanced Extended reality technologies, Cobots/ Advanced Robotics, and Advanced AI are often connected with landscape or regime issues. Drawing on MLP theory, the study demonstrates that the transition from IN 4.0 towards IN 5.0 is occurring through a reconfiguration pattern. The paper further emphasises aspects that both practitioners and academics need to be cognisant of in order to affect a transition from IN 4.0 to IN 5.0.

Biographies

Dr Etieno Enang: Dr Etieno Enang is a Lecturer in International Business and Strategy at the University of Liverpool. Her research interests resonate around how management theory and practice can contribute to making organisations, institutions and societies more just, equitable and sustainable. Starting from this broad interest, her research focuses predominantly - but not exclusively- on critical research methodologies, processes and strategies to decolonize research and knowledge. More recently, she has begun to explore the implications, possibilities and challenges around the transition from the fourth towards the fifth industrial revolution.

Dr Mahdi Bashiri: Dr Mahdi Bashiri is an associate professor at the Research Centre for Business in Society at Coventry University. He has over 18 years of academic experience with a particular interest in operations and supply chain management, operations research, transportation planning, and Heuristic and Matheuristic algorithms. Also, he has participated in industrial and business projects at different levels. He has been involved in two UKRI-funded projects. He has supervised more than 8 PhD students and more than 60 MSc students. He is an active reviewer for reputable academic journals. He is a recipient of the 2013 young national top scientist award from the Academy of Sciences of the Islamic Republic of Iran.

Professor David Jarvis: Professor David Jarvis has played formative roles in the conception, establishment, and leadership of two research centres at Coventry University, most recently in 2014, the Centre for Business in Society (CBiS). His focus on socio-economic change has, over a twenty-year period, generated a personal portfolio of more than 70 research, consultancy, and evaluation projects for public, private, and third sector clients and collaborators. Projects completed fall into two broad categories, pre- and post-2014. Prior to 2014, projects addressed aspects of social and economic regeneration, especially as they related to the most disadvantaged individuals, communities, and neighbourhoods in England. Since 2014, the principal focus has been on economic change and impact viewed through accessibility and connectivity lenses, including consideration of winners and losers in low carbon socio-technical transitions.

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