Strategic Development of Enterprises in the Conditions ofDigitalization Accordingtothe Principles of Industry4.0-Reference-Cited by-同舟云学术

Strategic Development of Enterprises in the Conditions ofDigitalization Accordingtothe Principles of Industry4.0

Published:2023-09-07 Issue:41 Volume:14 Page:625-642
ISSN:0041-8811
Container-title:Revista de la Universidad del Zulia
language:es
Short-container-title:RDLUZ

Author:

Vasyuchenko Pavlo¹^ORCID,Liubokhynets Larysa²^ORCID,Stelmashenko Olena³^ORCID,Grytsenko Sergiy³^ORCID,Filipova Nataliia⁴^ORCID

Affiliation:

1. University str., Kharkiv, Ukraine.

2. Khmelnytskyi National University, Ukraine.

3. National Aviation University, Kyiv, Ukraine.

4. Chernihiv Polytechnic National University, Chernihiv, Ukraine.

Abstract

The purpose of this study is to substantiate the principles of enterprises’ strategic development in the conditions of digitalization according tothe principles of Industry 4.0, which is determined by such global trends as flexible automation, network integration and intelligent technologies and involves the introduction of Internet of things technology, digital ecosystems, big data analytics and complex information systems, which are represented by digital platforms, for managing business processes. The methodological basis of the study is a systematic approach, which makes it possible to systematically investigate the phenomena and processes occurring today in the world economy under the influence of digitalization. The application of the system approach methodology makes itpossible to use general economic research methods, including: system-structural and logistic analysis, comparative analysis and generalization, graphic. The main provisions of Industry 4.0 were highlighted, which the company must comply with in its development in order to meet international standards. The phasing of the enterprise’ strategic development in the conditions of digitalization according to the principles of Industry 4.0 is proposed, which includes sixteen stages from the establishment of the mission to the control and evaluation of the enterprise's development strategy.

Publisher

Universidad del Zulia

Subject

Rehabilitation,Physical Therapy, Sports Therapy and Rehabilitation,General Medicine

Reference29 articles.

1. Abed Thamer, K. (2020). Development of cognitive approach to the organization of business processes in virtual machine-building enterprises within Industry 4.0. Eastern-European Journal of Enterprise Technologies, 1(2(103), 14–23. https://doi.org/10.15587/1729-4061.2020.196371.

2. Chen, H. (2022). The impact of intellectual property protection on the development of digital economy and regional entrepreneurial activity: Evidence from small and medium enterprises. Front. Psychol., 13, 951696. https://doi.org/10.3389/fpsyg.2022.951696.

3. Đaković Radojičić, I., Raut, J., Mitrović Veljković, S., Dudić, B., Treľová, S., Vrhovac, V. (2022). Factors That Limit the Development of the Digital Entrepreneurial System in the Scale-Up Phase of the Enterprise Life Cycle. Mathematics, 10(9), 1606. https://doi.org/10.3390/math10091606.

4. Enji, Li, Qing, Chen, Xinyan, Zhang, Chen Zhang (2023). Digital Government Development, Local Governments’ Attention Distribution and Enterprise Total Factor Productivity: Evidence from China. Sustainability, 15(3), 1-19. https://doi.org/10.3390/su15032472.

5. Frepoli, Cesare, Jarrett V., Robert P. Martin. (2022). Development of an enterprise digital platform for risk-informed design. PSAM 2022 Conference.