Abstract
Currently at the very beginning of the Fourth Industrial Revolution, many of its trends are difficult to imagine. The technologies of the Fourth Industrial Revolution affect firms of different sectors and economies to various degrees. The radical and dynamic changes in the global economic landscape generated by the Fourth Industrial Revolution set the questions for further research dealing with major international companies. There is a need for interdisciplinary research of different conceptual views at the intersection of management, marketing, international business, macroeconomics, and sociology. An important issue for possible future research is a new understanding of the role of the state. Studying and understanding the new types of firms and new business models generated by the digital revolution is of considerable interest. The Fourth Industrial Revolution leads to redistribution and overflow of wealth from traditional TNCs of developed countries to their competitors. It is necessary to analyze the difficulties faced by the largest TNCs in conducting digital marketing and management transformation. Modern technologies of the Fourth Industrial Revolution determine the network nature of modern firms and the modular nature of goods, services, and processes. An important research topic is the impact of digitalization on competitiveness and competition in the global market
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsReferences
Drucker, P. (1964). Managing for Results: Economic Tasks and Risk-taking Decisions. New York: Harper and Row.
Drucker, P. F. (1992). Managing for the Future: The 1990s and Beyond. New York: Truman Talley Books.
Kelly, K. (1998). New Rules for the New Economy: Ten Radical Strategies for a Connected World. New York: Penguin Books.
Konina, N. (2018). Issues of Modern Geoeconomics. Mezhdunarodnye Protsessy, 16(2), 186–196.
McKinsey. (2017). What the Future of Work Will Mean for Jobs Skills and Wages. Available at: https://www.mckinsey.com/featured-insights/future-of-work/jobs-lost-jobs-gained-what-the-future-of-work-will-mean-for-jobs-skills-and-wages.
Pissarides, C., & Bughin, J. (2018). Embracing the New Age of Automation. Project Syndicate. Available at: https://www.project-syndicate.org/commentary/automation-jobs-policy-imperatives-by-christopher-pissarides-and-jacques-bughin-2018-01.
Renjen, P. (2020). Industry 4.0 Readiness Report: At the Intersection of Readiness and Responsibility. Deloitte. Available at: https://www2.deloitte.com/global/en/insights/deloitte-review/issue-22/industry-4-0-technology-manufacturing-revolution.html.
UNCTAD. (2019). Digital Economy Report. New York and Geneva: United Nations Publications.
WEF. (2018). Impact of the Fourth Industrial Revolution on Supply Chains. System Initiative on Shaping the Future of Production. World Economic Forum, Geneva, 2017. Available at: http://www3.weforum.org/docs/WEF_Impact_of_the_Fourth_Industrial_Revolution_on_Supply_Chains_pdf.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Konina, N. (2021). Conclusion: The Fourth Industrial Revolution—Further Research Agenda. In: Konina, N. (eds) Digital Strategies in a Global Market. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-58267-8_19
Download citation
DOI: https://doi.org/10.1007/978-3-030-58267-8_19
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-58266-1
Online ISBN: 978-3-030-58267-8
eBook Packages: Business and ManagementBusiness and Management (R0)