New Generation Entrepreneurship in Industry 4.0 : A Snapshot from India
DOI:
https://doi.org/10.33516/maj.v57i5.38-43pKeywords:
No Keywords.Abstract
The fourth industrial revolution (4IR) has essentially changed the landscape of the new generation of jobs. The future entrepreneurial aspirations would necessarily imbibe innovative ideas which are mostly capital intensive and analytical. Rapid technological development has become the fuel of such dynamic manifestations. It is only prudent to understand that more the investment in R&D, more is the gain in the new generation markets. It is up to the nations to determine how much they can invest in technology and the R&D sector. Some reports say many traditional jobs would eventually die out under the captivity of the 4IR eco system. The fourth industrial revolution would bring newer opportunities for employment, enhancements in quality of life and economic development. At the same time, it would raise several challenges, particularly in populous countries like India. Based on the core competency of the nation, India should incorporate the 4IR eco system in the primary sector to emerge as the global leader to provide a sustainable solution to the global food crisis. This article attempts to study all these dimensions so that the development vectors can ensure the welfare of people holistically across the globe.Downloads
Downloads
Published
How to Cite
Issue
Section
References
A. Chakrabarty, T. Norbu, and M. Mall, “Fourth industrial revolution: Progression, scope and preparedness in India—Intervention of MSMEs,†in Advances in Intelligent Systems and Computing, 2020, vol. 1125, pp. 221–228. doi: 10.1007/978-981-15-2780-7_26.
T. Davenport, A. Guha, D. Grewal, and T. Bressgott, “How artificial intelligence will change the future of marketing,†J Acad Mark Sci, vol. 48, no. 1, pp. 24–42, Jan. 2020, doi: 10.1007/s11747-019-00696-0.
C. Janiesch, P. Zschech, and K. Heinrich, “Machine learning and deep learning,†Electronic Markets, vol. 31, pp. 685–695, 2021, doi: 10.1007/s12525-021-00475-2/Published.
P. Mikalef, M. Boura, G. Lekakos, and J. Krogstie, “Big data analytics and firm performance: Findings from a mixed-method approach,†Journal of Business Research, vol. 98, pp. 261–276, May 2019, doi: 10.1016/j.jbusres.2019.01.044.
A. Chakrabarty and U. S. Das, “Big Data Analytics in Excelling Health Care: Achievement and Challenges in India,†in Big Data Analytics and Intelligence: A Perspective for Health Care, Emerald Publishing Limited, 2020, pp. 55–74. doi: 10.1108/978-1-83909-099-820201008.
P. J. Taylor, T. Dargahi, A. Dehghantanha, R. M. Parizi, and K. K. R. Choo, “A systematic literature review of blockchain cyber security,†Digital Communications and Networks, vol. 6, no. 2, pp. 147–156, May 2020, doi: 10.1016/J. DCAN.2019.01.005.
O. Pal, B. Alam, V. Thakur, and S. Singh, “Key management for blockchain technology,†ICT Express, vol. 7, no. 1, pp. 76–80, Mar. 2021, doi: 10.1016/J.ICTE.2019.08.002.
H. Peterson, “The 12 jobs most at risk of being replaced by robots,†World Economic Forum, Nov. 15, 2015. https://www.weforum.org/agenda/2015/11/the-12-jobs-most-at-risk-of-being-replaced-byrobots/ (accessed Apr. 01, 2022).
UNECE, “Research and development expenditure as a proportion of GDP,†2019.
A. Chakrabarty and T. Mudang, “Smart and sustainable agriculture through IoT interventions: Improvisation, innovation and implementation—an exploratory study,†in IoT and Analytics for Agriculture, vol. 63, P. K. Patnaik, R. Kumar, S. Pal, and S. N. Panda, Eds. Singapore: Springer Singapore, 2020, pp. 229–240. doi: 10.1007/978-981-13-9177-4.
A. Chakrabarty and U. S. Das, “Mission SDGs through food waste management: Nature and approaches,†in Internet of Things and Analytics for Agriculture, vol. 2, P. K. Patnaik, R. Kumar, and S. Pal, Eds. Singapore: Springer Singapore, 2020, pp. 249–260. doi: 10.1007/978-981-15-0663-5.
V. Roblek, M. Meško, and I. Podbregar, “Mapping of the Emergence of Society 5.0: A Bibliometric Analysis,†Organizacija, vol. 54, no. 4, pp. 293–305, Dec. 2021, doi: 10.2478/ORGA-2021-0020.
Free Sample
Editorial Policy
