Affiliation:
1. University KwaZulu-Natal, South Africa
2. University of KwaZulu-Natal, South Africa
Abstract
The Fourth Industrial Revolution (4IR) is widely acknowledged to have significant implications for multiple sectors worldwide. This chapter provides insights from a study that aimed to investigate the usage of technology for business purposes and the level of awareness regarding the 4IR among business managers and entrepreneurs in Ndola, Zambia. In this chapter, the authors reveal that entrepreneurs and managers possess a substantial level of knowledge regarding the 4IR and demonstrate a comprehensive understanding of its implications for business. Moreover, they actively incorporate technological advancements into their business operations. The entrepreneurs and managers also possess the requisite resources inside their companies to facilitate the use of technology. The government's efforts in facilitating economic growth through technology adoption for businesses and disseminating information regarding the perceived advantages of the Fourth Industrial Revolution were perceived to be insufficient.