Industry 4.0 adoption and firm efficiency: evidence from emerging Giants in Asia Pacific region
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Brazilian Journal of Operations & Production Management (Online) |
Texto Completo: | https://bjopm.org.br/bjopm/article/view/1958 |
Resumo: | Purpose - Industry 4.0 links smart production processes with embedded system production technologies to open the door to a new technological era that fundamentally alters industry value chains and business structures. This study examines the effects of Industry 4.0 on firm efficiency. Methods - Based on a cross-country sample of 1440 firms operating in the top twelve Giants of Asia-Pacific countries and a control sample with another set of 1440 similar-sized firms from non-adopting firms. Findings - The empirical evidence shows that Industry 4.0 positively impacts firm efficiency. Next, the Tobit model is used for the robustness of the main findings. Further, study also examine the mediating role of intangible assets (human capital and firm reputation) for the impact of Industry 4.0 on firm efficiency. Study findings support the hypotheses that intangible assets mediate the Industry 4.0-firm efficiency relationship. Implications - Study findings have managerial implications for production and operation managers on enhancing firm efficiency. Drawing upon practice-based-view theory, this study is the first to explore the mediating role of intangible assets (human capital and firm reputation) between in-Industry 4.0 and firm performance. Originality - This study shed light on the significance of intangible asset congruence in enhancing Industry 4.0 impact. |
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Brazilian Journal of Operations & Production Management (Online) |
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Industry 4.0 adoption and firm efficiency: evidence from emerging Giants in Asia Pacific regionIndustry 4.0 Adoption And Firm Efficiency: Evidence From Emerging Giants In Asia Pacific RegionIndustry 4.0Firm EfficiencyAsia Pacific Region Tobit Model Intangible AssetsHuman Capital Firm ReputationPurpose - Industry 4.0 links smart production processes with embedded system production technologies to open the door to a new technological era that fundamentally alters industry value chains and business structures. This study examines the effects of Industry 4.0 on firm efficiency. Methods - Based on a cross-country sample of 1440 firms operating in the top twelve Giants of Asia-Pacific countries and a control sample with another set of 1440 similar-sized firms from non-adopting firms. Findings - The empirical evidence shows that Industry 4.0 positively impacts firm efficiency. Next, the Tobit model is used for the robustness of the main findings. Further, study also examine the mediating role of intangible assets (human capital and firm reputation) for the impact of Industry 4.0 on firm efficiency. Study findings support the hypotheses that intangible assets mediate the Industry 4.0-firm efficiency relationship. Implications - Study findings have managerial implications for production and operation managers on enhancing firm efficiency. Drawing upon practice-based-view theory, this study is the first to explore the mediating role of intangible assets (human capital and firm reputation) between in-Industry 4.0 and firm performance. Originality - This study shed light on the significance of intangible asset congruence in enhancing Industry 4.0 impact.Purpose - Industry 4.0 links smart production processes with embedded system production technologies to open the door to a new technological era that fundamentally alters industry value chains and business structures. This study examines the effects of Industry 4.0 on firm efficiency. Methods - Based on a cross-country sample of 1440 firms operating in the top twelve Giants of Asia-Pacific countries and a control sample with another set of 1440 similar-sized firms from non-adopting firms. Findings - The empirical evidence shows that Industry 4.0 positively impacts firm efficiency. Next, the Tobit model is used for the robustness of the main findings. Further, study also examine the mediating role of intangible assets (human capital and firm reputation) for the impact of Industry 4.0 on firm efficiency. Study findings support the hypotheses that intangible assets mediate the Industry 4.0-firm efficiency relationship. Implications - Study findings have managerial implications for production and operation managers on enhancing firm efficiency. Drawing upon practice-based-view theory, this study is the first to explore the mediating role of intangible assets (human capital and firm reputation) between in-Industry 4.0 and firm performance. Originality - This study shed light on the significance of intangible asset congruence in enhancing Industry 4.0 impact.Brazilian Association for Industrial Engineering and Operations Management (ABEPRO)2023-09-21info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionResearch paperapplication/pdfhttps://bjopm.org.br/bjopm/article/view/195810.14488/BJOPM.1958.2023Brazilian Journal of Operations & Production Management; Vol. 20 No. 3 (2023): Special edition; 19582237-8960reponame:Brazilian Journal of Operations & Production Management (Online)instname:Associação Brasileira de Engenharia de Produção (ABEPRO)instacron:ABEPROenghttps://bjopm.org.br/bjopm/article/view/1958/1051Copyright (c) 2023 Saif Ur Rehmanhttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessRehman, Saif Ur2023-10-31T14:29:17Zoai:ojs.bjopm.org.br:article/1958Revistahttps://bjopm.org.br/bjopmONGhttps://bjopm.org.br/bjopm/oaibjopm.journal@gmail.com2237-89601679-8171opendoar:2023-10-31T14:29:17Brazilian Journal of Operations & Production Management (Online) - Associação Brasileira de Engenharia de Produção (ABEPRO)false |
dc.title.none.fl_str_mv |
Industry 4.0 adoption and firm efficiency: evidence from emerging Giants in Asia Pacific region Industry 4.0 Adoption And Firm Efficiency: Evidence From Emerging Giants In Asia Pacific Region |
title |
Industry 4.0 adoption and firm efficiency: evidence from emerging Giants in Asia Pacific region |
spellingShingle |
Industry 4.0 adoption and firm efficiency: evidence from emerging Giants in Asia Pacific region Rehman, Saif Ur Industry 4.0 Firm Efficiency Asia Pacific Region Tobit Model Intangible Assets Human Capital Firm Reputation |
title_short |
Industry 4.0 adoption and firm efficiency: evidence from emerging Giants in Asia Pacific region |
title_full |
Industry 4.0 adoption and firm efficiency: evidence from emerging Giants in Asia Pacific region |
title_fullStr |
Industry 4.0 adoption and firm efficiency: evidence from emerging Giants in Asia Pacific region |
title_full_unstemmed |
Industry 4.0 adoption and firm efficiency: evidence from emerging Giants in Asia Pacific region |
title_sort |
Industry 4.0 adoption and firm efficiency: evidence from emerging Giants in Asia Pacific region |
author |
Rehman, Saif Ur |
author_facet |
Rehman, Saif Ur |
author_role |
author |
dc.contributor.author.fl_str_mv |
Rehman, Saif Ur |
dc.subject.por.fl_str_mv |
Industry 4.0 Firm Efficiency Asia Pacific Region Tobit Model Intangible Assets Human Capital Firm Reputation |
topic |
Industry 4.0 Firm Efficiency Asia Pacific Region Tobit Model Intangible Assets Human Capital Firm Reputation |
description |
Purpose - Industry 4.0 links smart production processes with embedded system production technologies to open the door to a new technological era that fundamentally alters industry value chains and business structures. This study examines the effects of Industry 4.0 on firm efficiency. Methods - Based on a cross-country sample of 1440 firms operating in the top twelve Giants of Asia-Pacific countries and a control sample with another set of 1440 similar-sized firms from non-adopting firms. Findings - The empirical evidence shows that Industry 4.0 positively impacts firm efficiency. Next, the Tobit model is used for the robustness of the main findings. Further, study also examine the mediating role of intangible assets (human capital and firm reputation) for the impact of Industry 4.0 on firm efficiency. Study findings support the hypotheses that intangible assets mediate the Industry 4.0-firm efficiency relationship. Implications - Study findings have managerial implications for production and operation managers on enhancing firm efficiency. Drawing upon practice-based-view theory, this study is the first to explore the mediating role of intangible assets (human capital and firm reputation) between in-Industry 4.0 and firm performance. Originality - This study shed light on the significance of intangible asset congruence in enhancing Industry 4.0 impact. |
publishDate |
2023 |
dc.date.none.fl_str_mv |
2023-09-21 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Research paper |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://bjopm.org.br/bjopm/article/view/1958 10.14488/BJOPM.1958.2023 |
url |
https://bjopm.org.br/bjopm/article/view/1958 |
identifier_str_mv |
10.14488/BJOPM.1958.2023 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://bjopm.org.br/bjopm/article/view/1958/1051 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2023 Saif Ur Rehman http://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2023 Saif Ur Rehman http://creativecommons.org/licenses/by/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Brazilian Association for Industrial Engineering and Operations Management (ABEPRO) |
publisher.none.fl_str_mv |
Brazilian Association for Industrial Engineering and Operations Management (ABEPRO) |
dc.source.none.fl_str_mv |
Brazilian Journal of Operations & Production Management; Vol. 20 No. 3 (2023): Special edition; 1958 2237-8960 reponame:Brazilian Journal of Operations & Production Management (Online) instname:Associação Brasileira de Engenharia de Produção (ABEPRO) instacron:ABEPRO |
instname_str |
Associação Brasileira de Engenharia de Produção (ABEPRO) |
instacron_str |
ABEPRO |
institution |
ABEPRO |
reponame_str |
Brazilian Journal of Operations & Production Management (Online) |
collection |
Brazilian Journal of Operations & Production Management (Online) |
repository.name.fl_str_mv |
Brazilian Journal of Operations & Production Management (Online) - Associação Brasileira de Engenharia de Produção (ABEPRO) |
repository.mail.fl_str_mv |
bjopm.journal@gmail.com |
_version_ |
1797051459494215680 |