Sustainability in the era of digital transformation and Industry 4.0: Key issues and further conceptual developments
| Autor | Aglaya Batz Liñeiro/Nelson Alfonso Gómez-Cruz/Carlos Jesús Vega Pérez |
| Cargo del Autor | Innovation Center, School of Management, Universidad del Rosario/Innovation Center, School of Management, Universidad del Rosario/Smart Logistics Laboratory, School of Management, Universidad del Rosario |
| Páginas | 1-31 |
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Sustainability in the era of digital
transformation and Industry 4.0:
Key issues and furtherconceptual
developments
Aglaya Batz Liñeiro*
Nelson Alfonso Gómez-Cruz*
Carlos Jesús Vega Pérez**
Introduction
e fourth industrial revolution’s technological advance-
ments have the potential to boost economic growth and
mitigate some of the world’s major challenges. However,
a high level of leadership and understanding of the on-
going changes is required, across all s ectors, to manage
the negative impacts and design eective strategies.
In addition, a coherent and shared understanding of
* Innovation Center, Scho ol of Management, Universidad del
Rosario.
** Smart Logistics Laborator y, School of Management, Uni versidad
del Rosario.
Sustainability and management. Sostenibilidad y dirección de empresas
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the opportunities and challenges of this revolution is
required to empower the individuals and communities
at the forefront of this change. As a result, this study
aims to map the intellectual structure of the literature
on digital transformation and sustainability using co-
word analysis.
Economic experts studying the global impact of
Industry 4.0 (I4.0) assure that all of the major macro
variables—, employment, investment, trade, etc.—
will be aected (Schwab, 2017). A large increase in
productivity, and thus higher economic growth, is
expected. Countries are currently confronted with a
major challenge: an aging population. Because of the
existing disparity between the working-age popula-
tion and the percentage of dependent elderly, an aging
world will grow more slowly (Calzavara etal., 2020).
us, technology can provide a solution to this problem
byallowing people to work smarter rather than harder,
allowing older members of society to remain productive.
From an economic standpoint, I4.0 has resulted in
an increasing rate of innovation, both in its develop-
ment and dissemination. For example, Netix, Uber,
Alibaba, and other disruptive companies that are now
well positioned in the minds of customers were relatively
unknown only a few years ago. e iPhone launched
the smartphone boom in 2007, but by the end of 2020,
there will be more than 5.22 billion smartphone us-
ers worldwide (Kemp, 2021). Disruptive technology
companies, in general, require less capital to thrive.
Companies like Instagram, W hatsApp, and Rappi, to
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