Actual problems of innovative economy and law

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Network connections development in the Industry 4.0

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УДК 338.45:338.2

ЧЕРКАС Н. І.,
кандидат економічних наук, доцент,
Київський національний економічний університет імені Вадима Гетьмана

Abstract

The paper considers the development of network connections of Industry 4.0 in the direction of value chains digitization and the creation of an innovative ecosystem. The stages of industrial production development on the way to the fourth industrial revolution are analyzed. The dynamics of manufactured value added growth rates for different groups of countries are estimated. We performed the theoretical substantiation of the possibilities of implementation of the Industry 4.0 in the value chains for the companies of various stages of digital maturity classified as a digital novice, a vertical integrator; horizontal integrator and digital leader. The results of the study allowed to generalize the roadmap of the Industry 4.0 and recommendations for economic policy regarding the development of its network. The further studies may include an empirical assessment of the impact of innovations on global production networks.

Key words: Industry 4.0, Network Connections, Value Added, Digitization of Value Chains.

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The article was received 15.03.2018