The mechanism of managing the process of formation and development of industry 4.0 in modern economic systems

Abstract

The purpose of the work is to develop the mechanism of managing the process of establishment and development of Industry 4.0 in modern economic systems. The methodology of the research includes the methods of systemic, problem, structural & functional, and logical analysis, induction, deduction, and method of graphic presentation of conclusions and offered recommendations (method of formalization of data). The authors study the stages of the process of formation and development of Industry 4.0 and offer methodological recommendations for state management at each of them—determining target directions and perspective tools of management. As a result, the authors develop and offer the mechanism of managing the process of formation and development of Industry 4.0 in modern economic systems that allows reducing uncertainty of this process and ensuring target actions of the state in the required directions at each stage of this process. This process is cyclic, and each its stage leads to accumulation of larger experience and optimization of work and development of Industry 4.0. The offered mechanism shows that formation and development of Industry 4.0 does not require application of new and/or complex managerial tools from the state, as standard tools of state regulation of economy suffice. At that, the most important condition of achievement of high effectiveness during management of the process of formation and development of Industry 4.0 in modern economic systems is the complex character of application of these tools.