Manufacturing a Startup : A Case Study of Industry 4.0 Development in the Czech Republic

This paper investigates the current state of creation and adoption of Industry 4.0 (I4.0) technologies within the Czech Republic. I4.0 technologies, which include technologies such as big data analytics, cloud computing, the Internet of Things, and...

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Main Authors: Aridi, Anwar, Querejazu, Daniel
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/498571562044573589/Manufacturing-a-Startup-a-case-study-of-Industry-4-0-development-in-the-Czech-Republic
http://hdl.handle.net/10986/32064
id okr-10986-32064
recordtype oai_dc
spelling okr-10986-320642021-05-25T09:25:58Z Manufacturing a Startup : A Case Study of Industry 4.0 Development in the Czech Republic Aridi, Anwar Querejazu, Daniel BUSINESS ENVIRONMENT INDUSTRY INNOVATION FIRM PRODUCTIVITY STARTUPS FIRM ENTRY SUBSIDIES INVESTMENT INCENTIVES This paper investigates the current state of creation and adoption of Industry 4.0 (I4.0) technologies within the Czech Republic. I4.0 technologies, which include technologies such as big data analytics, cloud computing, the Internet of Things, and advanced robotics, hold great promise for increasing the economic competitiveness of adopters. These technologies are also often discussed in terms of their potential to disrupt existing business models and value chains, particularly in the manufacturing sector. The Czech Republic presents an interesting case study for I4.0 technology creation and adoption: the country boasts one of the strongest manufacturing sectors in Europe relative to the size of its economy but suffers from low productivity and an increasingly acute labor shortage. To remain competitive in the global economy and avoid the middle-income trap, the Czech Republic has a critical need for technologies that can substitute labor through automation and increase the productivity of the existing workforce. 2019-07-11T18:49:03Z 2019-07-11T18:49:03Z 2019-07-01 Working Paper http://documents.worldbank.org/curated/en/498571562044573589/Manufacturing-a-Startup-a-case-study-of-Industry-4-0-development-in-the-Czech-Republic http://hdl.handle.net/10986/32064 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Europe and Central Asia Czech Republic
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic BUSINESS ENVIRONMENT
INDUSTRY
INNOVATION
FIRM PRODUCTIVITY
STARTUPS
FIRM ENTRY
SUBSIDIES
INVESTMENT INCENTIVES
spellingShingle BUSINESS ENVIRONMENT
INDUSTRY
INNOVATION
FIRM PRODUCTIVITY
STARTUPS
FIRM ENTRY
SUBSIDIES
INVESTMENT INCENTIVES
Aridi, Anwar
Querejazu, Daniel
Manufacturing a Startup : A Case Study of Industry 4.0 Development in the Czech Republic
geographic_facet Europe and Central Asia
Czech Republic
description This paper investigates the current state of creation and adoption of Industry 4.0 (I4.0) technologies within the Czech Republic. I4.0 technologies, which include technologies such as big data analytics, cloud computing, the Internet of Things, and advanced robotics, hold great promise for increasing the economic competitiveness of adopters. These technologies are also often discussed in terms of their potential to disrupt existing business models and value chains, particularly in the manufacturing sector. The Czech Republic presents an interesting case study for I4.0 technology creation and adoption: the country boasts one of the strongest manufacturing sectors in Europe relative to the size of its economy but suffers from low productivity and an increasingly acute labor shortage. To remain competitive in the global economy and avoid the middle-income trap, the Czech Republic has a critical need for technologies that can substitute labor through automation and increase the productivity of the existing workforce.
format Working Paper
author Aridi, Anwar
Querejazu, Daniel
author_facet Aridi, Anwar
Querejazu, Daniel
author_sort Aridi, Anwar
title Manufacturing a Startup : A Case Study of Industry 4.0 Development in the Czech Republic
title_short Manufacturing a Startup : A Case Study of Industry 4.0 Development in the Czech Republic
title_full Manufacturing a Startup : A Case Study of Industry 4.0 Development in the Czech Republic
title_fullStr Manufacturing a Startup : A Case Study of Industry 4.0 Development in the Czech Republic
title_full_unstemmed Manufacturing a Startup : A Case Study of Industry 4.0 Development in the Czech Republic
title_sort manufacturing a startup : a case study of industry 4.0 development in the czech republic
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/498571562044573589/Manufacturing-a-Startup-a-case-study-of-Industry-4-0-development-in-the-Czech-Republic
http://hdl.handle.net/10986/32064
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