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Formation of Industry X.0 on the Basis of Innovative-Digital Entrepreneurship and Virtual Mobility

Authors :
Kraus Kateryna M.
Kraus Nataliia M.
Marchenko Olexander V.
Source :
Bìznes Inform, Vol 6, Iss 521, Pp 50-58 (2021)
Publication Year :
2021
Publisher :
Research Centre of Industrial Problems of Development of NAS of Ukraine, 2021.

Abstract

The article attempts to present a number of key technologies that determine the new quality of life of people. The following content is specified and disclosed: autonomous artificial intelligence in a smartphone, professional robot assistants, available satellite intelligence, podcasts, digital urban planning tools. In the article, the authors hypothesize that Industry X.0 is by far the highest stage of digitalization and represents a concept of innovative and digital production, the components of which are «smart assets», «smart services», «smart business», and «smart government». Structural elements of the authors’ concept of X.0 Industry are indicated, its visual cut in virtual reality conditions is provided and the functioning of this Industry exclusively within the framework of the 7th technological mode is characterized. The authors have developed and presented the protocol of formation of the X.0 Industry through the prism of innovations, technologies in both the industry sector and business management. 4 stages of implementation of this protocol are defined, namely: determination of the innovative landscape of «technological breakthrough» in a particular industry within the formation of industry X.0; assessment of threats; determining the course of further development and the action plan (four main approaches to which organizations can apply: protection, adoption of innovations, initiation of subversive innovations, retreat); implementation of structural changes at the DNA level of the organization. The authors on the basis of a number of factors bring forward the argument that today’s realities of the digital space require the development of a new logic of running a platform business in terms of its digitization. It is concluded that in practice it is necessary to form a broad coalition of educators, government officials, analysts, high-tech specialists, economists, industrialists, scientists who will join the formation of the X.0 Industry on the basis of digitalization and innovatizing. The authors concluded that Industry X.0 is a new approach to the organization of production in the context of virtual reality, which is based on highly intelligent integrated new products and digital ecosystems that form an innovative digital value chain, add new competencies and implement deep cultural changes in the direction of the formation of a new virtual reality.

Details

Language :
English, Russian, Ukrainian
ISSN :
22224459 and 2311116X
Volume :
6
Issue :
521
Database :
Directory of Open Access Journals
Journal :
Bìznes Inform
Publication Type :
Academic Journal
Accession number :
edsdoj.44a97f056a8d4da2907084dc610751fc
Document Type :
article
Full Text :
https://doi.org/10.32983/2222-4459-2021-6-50-58