New Industrial Policy in Japan´s Automobile Industry: Strategies for Disruptive Technological Change
The hype around ‘smart manufacturing’ or a ‘fourth industrial revolution’ dominates current ideas on the future of automobile manufacturing. The 2010s brought a new set of ICT-related buzzwords to the public discourse on manufacturing systems. The Internet of Things (IoT), Big Data analytics, smart algorithms, and cyber-physical systems are envisioned as revolutionary innovations that will transform the nature of industrial production towards smart manufacturing. Interestingly, the main drivers of these technological visions are not only private firms, but also national governments of industrialized countries, who put forth ambitious policies to promote this technological and structural transition.
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