Work

The concept of restructuring the national economy based on identified patterns and forecasting trends in the development of socio-economic systems in the context of Industries 3.0, 4.0, 5.0

Year: 2024

Type: article

Abstract: The article explores the concept of restructuring the national economy based on the identified regularities and forecasting trends in socio-economic systems development amidst the concurrent progression of three industrial revolutions: Industries 3.0, 4.0, and 5.0. It highlights the environmental challenges addressed by Industry 3.0, the cyber-physical systems pivotal to Industry 4.0, and the human-centric innovation of Industry 5.0. The study underscores the necessity, sufficiency, and purposiveness factors underpinning these transformations, emphasizing the integration of cutting-edge technologies, sustainability, and the evolving role of humans in economic systems. The findings aim to guide strategic planning for sustainable and innovative economic restructuring.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.14197529

Author: Melnyk, Leonid

Institution: Sumy State University

Language: English

Topic: Economic Development and Digital Transformation

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: green

Funder: National Research Foundation of Ukraine