Objective: The aim of this article is to identify the impact of the Industrial Revolution 4.0 (IR 4.0) on the production processes of goods and services, their ground-breaking changes, and their potential economic, social, and political consequences. Research Design & Methods: The article was...

Purpose: Industry 4.0 represents a special challenge for businesses in general and for SMEs in particular. The study at hand will examine companies' awareness, readiness and capability to meet this challenge taking into account the special role of SMEs Design/methodology/approach: The results of...

The modern history of technical progress is relatively short, as it encompasses merely around 250 years. Within it, we can distinguish four time periods called industrial revolutions. The fourth one of these, which is currently ongoing, is characterized by such ground-breaking inventions as...