Significance of Global Value Chain for the Fourth Industrial Revolution - A Meta Analysis and Systematic Literature Review

Abstract

The fourth industrial revolution is characterized by numerous disruptive technologies. Technology is reshaping business practices, leading to an improved market opportunity that increases the demand for skills in innovation. Both technological and material spheres, as well as scientific study, are undergoing a fourth industrial revolution. There is a gradual integration of digital strategies into a growing number of businesses. AI is currently used to fill a growing number of professional positions, and thus, the gig economy is booming. The objective of the study is to examine the Global Value Chains and their significance for the Fourth Industrial Revolution for industrial development. It is concluded that developing countries will be empowered with vibrant human capital in a radically new world of work. Systematic Literature Review and Meta-Analysis, investigation is outlined research questions and addressed the gaps in the literature.