Digitalization, expectations, and industrial dynamism: a conceptual map

Detalhes bibliográficos
Autor(a) principal: Coutinho, Luciano Galvão
Data de Publicação: 2023
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista Brasileira de Inovação (Online)
Texto Completo: https://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/8668426
Resumo: This paper proposes a conceptual, theoretical and analytical map, aiming to help understand the contemporary process of digitization of industrial companies in developing economies. It examines the relevance of the Schumpeterian hypothesis that technical progress in the digital age can drive a 4th long cycle of industrial dynamism or the 4th Industrial Revolution. It also highlights the complementarity of this hypothesis with the Keynesian view of the business calculation of the rate of return on investment in innovation, under uncertainty, changing expectations and conventions, pointing out the key role of the entrepreneurial drive (animal spirits) in capitalist development. The paper also analyzes the growing challenges that the digital age poses to developing countries, based on the structuralist and institutionalist views of Furtado and Abramovitz, respectively. Finally, it warns of the risk of deepening heterogeneities, inequalities and, at the limit, exclusion of such countries and their enterprises from the 4th IR.
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spelling Digitalization, expectations, and industrial dynamism: a conceptual mapDigitalization, expectations, and industrial dynamism: a conceptual mapDigitalization, expectations, and industrial dynamism: a conceptual map4th Industrial RevolutionIndustrial digitalizationExpectationsHeterogeneitySocial capability4ª Revolução industrialDigitalização industrialExpectativasHeterogeneidadeCapacitação social4ª Revolução industrialDigitalização industrialExpectativasHeterogeneidadeCapacitação socialThis paper proposes a conceptual, theoretical and analytical map, aiming to help understand the contemporary process of digitization of industrial companies in developing economies. It examines the relevance of the Schumpeterian hypothesis that technical progress in the digital age can drive a 4th long cycle of industrial dynamism or the 4th Industrial Revolution. It also highlights the complementarity of this hypothesis with the Keynesian view of the business calculation of the rate of return on investment in innovation, under uncertainty, changing expectations and conventions, pointing out the key role of the entrepreneurial drive (animal spirits) in capitalist development. The paper also analyzes the growing challenges that the digital age poses to developing countries, based on the structuralist and institutionalist views of Furtado and Abramovitz, respectively. Finally, it warns of the risk of deepening heterogeneities, inequalities and, at the limit, exclusion of such countries and their enterprises from the 4th IR.This paper proposes a conceptual, theoretical and analytical map, aiming to help understand the contemporary process of digitization of industrial companies in developing economies. It examines the relevance of the Schumpeterian hypothesis that technical progress in the digital age can drive a 4th long cycle of industrial dynamism or the 4th Industrial Revolution. It also highlights the complementarity of this hypothesis with the Keynesian view of the business calculation of the rate of return on investment in innovation, under uncertainty, changing expectations and conventions, pointing out the key role of the entrepreneurial drive (animal spirits) in capitalist development. The paper also analyzes the growing challenges that the digital age poses to developing countries, based on the structuralist and institutionalist views of Furtado and Abramovitz, respectively. Finally, it warns of the risk of deepening heterogeneities, inequalities and, at the limit, exclusion of such countries and their enterprises from the 4th IR.This paper proposes a conceptual, theoretical and analytical map, aiming to help understand the contemporary process of digitization of industrial companies in developing economies. It examines the relevance of the Schumpeterian hypothesis that technical progress in the digital age can drive a 4th long cycle of industrial dynamism or the 4th Industrial Revolution. It also highlights the complementarity of this hypothesis with the Keynesian view of the business calculation of the rate of return on investment in innovation, under uncertainty, changing expectations and conventions, pointing out the key role of the entrepreneurial drive (animal spirits) in capitalist development. The paper also analyzes the growing challenges that the digital age poses to developing countries, based on the structuralist and institutionalist views of Furtado and Abramovitz, respectively. Finally, it warns of the risk of deepening heterogeneities, inequalities and, at the limit, exclusion of such countries and their enterprises from the 4th IR.Universidade Estadual de Campinas2023-11-13info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionTextoTextoinfo:eu-repo/semantics/otherapplication/pdfhttps://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/866842610.20396/rbi.v22i00.8668426Revista Brasileira de Inovação; v. 22 (2023): Publicação Contínua; 1-35Revista Brasileira de Inovação; Vol. 22 (2023): Continuous Publication; 1-35Revista Brasileira de Inovação; Vol. 22 (2023): Publicación Continua; 1-352178-2822reponame:Revista Brasileira de Inovação (Online)instname:Universidade Estadual de Campinas (UNICAMP)instacron:UNICAMPenghttps://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/8668426/33177Brasil; ContemporáneoBrasil; ContemporâneoBrazil; ContemporaryCopyright (c) 2023 Revista Brasileira de Inovação https://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessCoutinho, Luciano Galvão2023-12-23T20:22:03Zoai:ojs.periodicos.sbu.unicamp.br:article/8668426Revistahttps://periodicos.sbu.unicamp.br/ojs/index.php/rbiPUBhttps://periodicos.sbu.unicamp.br/ojs/index.php/rbi/oai||rbi@ige.unicamp.br2178-28221677-2504opendoar:2023-12-23T20:22:03Revista Brasileira de Inovação (Online) - Universidade Estadual de Campinas (UNICAMP)false
dc.title.none.fl_str_mv Digitalization, expectations, and industrial dynamism: a conceptual map
Digitalization, expectations, and industrial dynamism: a conceptual map
Digitalization, expectations, and industrial dynamism: a conceptual map
title Digitalization, expectations, and industrial dynamism: a conceptual map
spellingShingle Digitalization, expectations, and industrial dynamism: a conceptual map
Coutinho, Luciano Galvão
4th Industrial Revolution
Industrial digitalization
Expectations
Heterogeneity
Social capability
4ª Revolução industrial
Digitalização industrial
Expectativas
Heterogeneidade
Capacitação social
4ª Revolução industrial
Digitalização industrial
Expectativas
Heterogeneidade
Capacitação social
title_short Digitalization, expectations, and industrial dynamism: a conceptual map
title_full Digitalization, expectations, and industrial dynamism: a conceptual map
title_fullStr Digitalization, expectations, and industrial dynamism: a conceptual map
title_full_unstemmed Digitalization, expectations, and industrial dynamism: a conceptual map
title_sort Digitalization, expectations, and industrial dynamism: a conceptual map
author Coutinho, Luciano Galvão
author_facet Coutinho, Luciano Galvão
author_role author
dc.contributor.author.fl_str_mv Coutinho, Luciano Galvão
dc.subject.por.fl_str_mv 4th Industrial Revolution
Industrial digitalization
Expectations
Heterogeneity
Social capability
4ª Revolução industrial
Digitalização industrial
Expectativas
Heterogeneidade
Capacitação social
4ª Revolução industrial
Digitalização industrial
Expectativas
Heterogeneidade
Capacitação social
topic 4th Industrial Revolution
Industrial digitalization
Expectations
Heterogeneity
Social capability
4ª Revolução industrial
Digitalização industrial
Expectativas
Heterogeneidade
Capacitação social
4ª Revolução industrial
Digitalização industrial
Expectativas
Heterogeneidade
Capacitação social
description This paper proposes a conceptual, theoretical and analytical map, aiming to help understand the contemporary process of digitization of industrial companies in developing economies. It examines the relevance of the Schumpeterian hypothesis that technical progress in the digital age can drive a 4th long cycle of industrial dynamism or the 4th Industrial Revolution. It also highlights the complementarity of this hypothesis with the Keynesian view of the business calculation of the rate of return on investment in innovation, under uncertainty, changing expectations and conventions, pointing out the key role of the entrepreneurial drive (animal spirits) in capitalist development. The paper also analyzes the growing challenges that the digital age poses to developing countries, based on the structuralist and institutionalist views of Furtado and Abramovitz, respectively. Finally, it warns of the risk of deepening heterogeneities, inequalities and, at the limit, exclusion of such countries and their enterprises from the 4th IR.
publishDate 2023
dc.date.none.fl_str_mv 2023-11-13
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Texto
Texto
info:eu-repo/semantics/other
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/8668426
10.20396/rbi.v22i00.8668426
url https://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/8668426
identifier_str_mv 10.20396/rbi.v22i00.8668426
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/8668426/33177
dc.rights.driver.fl_str_mv Copyright (c) 2023 Revista Brasileira de Inovação
https://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2023 Revista Brasileira de Inovação
https://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.coverage.none.fl_str_mv Brasil; Contemporáneo
Brasil; Contemporâneo
Brazil; Contemporary
dc.publisher.none.fl_str_mv Universidade Estadual de Campinas
publisher.none.fl_str_mv Universidade Estadual de Campinas
dc.source.none.fl_str_mv Revista Brasileira de Inovação; v. 22 (2023): Publicação Contínua; 1-35
Revista Brasileira de Inovação; Vol. 22 (2023): Continuous Publication; 1-35
Revista Brasileira de Inovação; Vol. 22 (2023): Publicación Continua; 1-35
2178-2822
reponame:Revista Brasileira de Inovação (Online)
instname:Universidade Estadual de Campinas (UNICAMP)
instacron:UNICAMP
instname_str Universidade Estadual de Campinas (UNICAMP)
instacron_str UNICAMP
institution UNICAMP
reponame_str Revista Brasileira de Inovação (Online)
collection Revista Brasileira de Inovação (Online)
repository.name.fl_str_mv Revista Brasileira de Inovação (Online) - Universidade Estadual de Campinas (UNICAMP)
repository.mail.fl_str_mv ||rbi@ige.unicamp.br
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