Journal of Hotel and Business Management
Open Access

Abstract

Drivers: Industry 4.0 Identify the Views

Mirela Catalina Turkes*, Ionica Oncioiu, Sorinel Capusneanu, Hassan Danial Aslam, Andreea Marin Pantelescu and Dan Ioan Topor

The purpose of this paper is to review the literature and to identify the views and perceptions of SME managers in Romania on the factors and barriers to the implementation of Industry 4.0 technology for business development. Given the extent of the implementation of Industry 4.0 and a number of important socio-demographic criteria (such as: Enterprise size, sector of activity, economic development context of the country) that affect the efforts of managers, this study aims to fill the lack of information and decisions on the level of preparation of Romanian SMEs for the implementation of the new technology. Following the analysis of the specialized literature, the empirical research was carried out between October 15 and December 15, 2018 among several Romanian companies that carry out activities in fields such as: Automotive, pharmaceutical, industrial, IT, chemical, consulting, electronics etc. The analysis of descriptive statistics indicators and the analysis of the main components are used to discover the degree of knowledge of the industry 4.0 concept among enterprise management, to identify the level of involvement in new partnerships for implementing specific technologies, the typology of technologies to be implemented by enterprises, finding company drivers and barriers arising from the use and connection between employees and the development of new technologies to provide a more detailed understanding of the perceptions and behavior of Romanian managers. The research method used in the study was the sample survey using the questionnaire as a tool to collect data from a sample of 176 SME managers in Romania. The major contributions from the research highlighted the fact that Romania is in full process of transition from industry 2.0 to industry 4.0. There was also a high level of knowledge of the new Industry 4.0 technology and the desire to implement it in SMEs in Romania, as well as the low level of resources required for its implementation.

Published Date: 2022-08-01; Received Date: 2022-06-30