Transformation of innovative development of the double transition to Industry 5.0

Abstract

Problem setting. The challenge is to significantly accelerate transformational changes through a double transition (digital and green) to Industry 5.0. Analysis of recent researches and publications. Akundi, A., analyzed the state of Industry 5.0 and identified current research trends, Massaro, A., examined advanced management systems in Industry 5.0 that facilitate technological mining Maddikunta, P. and a group of scientists conducted a survey on the technologies and potential applications of Industry 5.0, Gagnidze, I. At the systemic level, he determined whether clusters can cope with the challenges of Industry 4.0 and Industry 5.0, which is also the task of the European Commission and the Manifesto on the double transition in Ukraine. Target of the research. Development of theoretical provisions and practical recommendations for determining the role and importance of Industry 5.0 for the double transition to accelerate the transformation of innovation development. Article’s main body. Priority topics are highlighted, including innovation and digitization, production sustainability, its transformation, and the connection between man and machine. An essential characteristic of the changes that are taking place under the influence of the double transition to Industry 5.0 is the provision of an innovative approach to model-based production management in industry, the introduction of a new concept of advanced process analysis that automates decision-making and optimizes machine settings. According to the European Commission, Industry 5.0 is a key driver of economic and social change, and should lead a double transition: digital and environmental. To determine the level of interest in the transformational changes in innovative development in the context of Industry 5.0, the article uses the Google Trends search service, which provides statistics on interest in several topics simultaneously in space and time. The article conducts a Google Trends search for the topics "Industry 5.0", "European integration", "transformation", "innovative development", "cluster" in Ukraine for the last 12 months (as of August 27, 2023), highlighting the average level of interest and priority regions. The search for the topic of Industry 5.0 in Ukraine over the past year is statistically insignificant. The greatest interest was shown in the cluster and transformation topics, followed by the European integration topic, and the lowest level of interest in innovative development, which is a negative factor. The composition of the priority regions in terms of the identified topics differs: the topic of European integration is more interesting in the western regions of Ukraine, the topic of transformation is more interesting in the central part, and the topic of clusters is interesting in all regions. Conclusions and prospects for the development. The special legal period of martial law is restrictive, which negatively affects the ability to use changes in the technologies of both circular Industry 4.0 and Industry 5.0, but in the current conditions of European integration, on the other hand, there should be an accelerated push for the development of the circular economy. The formation of transformational changes in innovative development in the context of the formation of Industry 5.0 is extremely important in the reconstruction of destroyed industrial enterprises and infrastructure. Post-war recovery requires tools to coordinate stakeholders interested in implementing Industry 5.0 dual transition technologies to strengthen European integration. At the national level, Ukraine needs to focus on the tasks of the double transition to Industry 5.0 by stimulating the development of clusters using European experience.