Fourth Industrial Revolution:Technological Drivers,Impacts and Coping Methods

The world is marching into a new development period when the digital technology,physical technology,and biological technology have achieved an unprecedented development respectively in their own fields,and at the same time their applications are converging greatly.These are the three major technolog...

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Published inChinese geographical science Vol. 27; no. 4; pp. 626 - 637
Main Authors Li, Guoping, Hou, Yun, Wu, Aizhi
Format Journal Article
LanguageEnglish
Published Heidelberg Science Press 01.08.2017
Springer Nature B.V
School of Government, Peking University, Beijing 100871, China%NUS Business School, National University of Singapore, Singapore 117592, Singapore%Library, Peking University, Beijing 100871, China
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Summary:The world is marching into a new development period when the digital technology,physical technology,and biological technology have achieved an unprecedented development respectively in their own fields,and at the same time their applications are converging greatly.These are the three major technological drivers for the Fourth Industrial Revolution.This paper discusses the specific technology niches of each kind technological driver behind the Fourth Industrial Revolution,and then evaluates impacts of the Fourth Industrial Revolution on global industrial,economic,and social development.At last this paper proposes possible measures and policies for both firms and governments to cope with the changes brought by the Fourth Industrial Revolution.
Bibliography:22-1174/P
Fourth Industrial Revolution technological drivers global impacts firm-level adjustments government policies
The world is marching into a new development period when the digital technology,physical technology,and biological technology have achieved an unprecedented development respectively in their own fields,and at the same time their applications are converging greatly.These are the three major technological drivers for the Fourth Industrial Revolution.This paper discusses the specific technology niches of each kind technological driver behind the Fourth Industrial Revolution,and then evaluates impacts of the Fourth Industrial Revolution on global industrial,economic,and social development.At last this paper proposes possible measures and policies for both firms and governments to cope with the changes brought by the Fourth Industrial Revolution.
ISSN:1002-0063
1993-064X
DOI:10.1007/s11769-017-0890-x