Abstract
The purpose of the article is to determine the contradictions and perspective means of overcoming them. The authors use the method of systematization and classification, the method of systemic and problem analysis, induction, deduction, and the method of data formalization. It is found that different categories of countries are peculiar for various systemic contradictions that hinder formation and development of Industry 4.0 in the conditions of knowledge economy’s formation. In developed countries, these contradictions are related to lack of desire of private business to stimulate implementation of national strategies of formation and development of Industry 4.0 in the conditions of knowledge economy’s formation and emerge due to high level of risk of these strategies with uncertain private commercial effect and social consequences. In developing countries, systemic contradictions are usually caused by unreadiness of separate elements of economic systems (social sphere, investment and financial sphere, normative and legal sphere, etc.) for formation and development of Industry 4.0 in the conditions of knowledge economy’s formation. At that, despite high interest of economic subjects, practical implementation of initiatives in the sphere of Industry 4.0 at this stage of socio-economic development of economic systems is impossible. The authors determined that systemic contradictions in these categories of countries are opposite to each other. Based on this, it is concluded that the most effective means of provision of quick formation and development of Industry 4.0 in the conditions of knowledge economy’s formation is not overcoming of these contradictions separately, the methods for which are given in this chapter, but strengthening of the integration processes in the global economy. Unification of efforts and close systemic interaction between the developed and developing countries will allow eliminating these contradictions due to elimination of their initial reasons with minimum expenditures of resources and time, as well as smallest transformations in economic systems.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.