The quadruple helix model of innovation for Industry 4.0

Abstract

Orientation: The identity of the emerging next industrial revolution is clarified by means of a quadruple helix model. It is revealed how the fourth industrial revolution (FIR), also referred to as Industry 4.0, is underpinned by schemas much more than cyber-physical systems, the internet of things, digitisation and automatic identification technologies such as chips, sensors and internet protocols. Research purpose: The emotional hype surrounding the FIR and the uncertainty around its identity need clarification. The purpose was to provide balancing perspectives for understanding the primary movements, management theories and sub-revolutions underpinning the emerging FIR. Motivation for the study: The rationale of the study is to bring more clarity in a collective model of multiple complex innovation concepts. Research design, approach and method: The study design was qualitative exploration. This implied a sequential exploratory qualitative multi-method process to obtain (1) practical case narrative data (phase A) and (2) theoretical narrative data (phase B). Main findings: The primary movements underpinning the FIR are (1) triple management theory (TMT), (2) upscaling agility, (3) university-business cooperation (UBC) and triple helix (TH) ecosystem partnerships and (4) epochal society. Practical/managerial implications: The exponential organisation of the future will require agile leaders who must be geared for change and personal transformation to thrive in a time of endless innovation. This study provides management with valuable insights and clarification of the complexities of innovation into a synthesised quadruple helix model of innovation for the FIR. Contribution/value-add: The contribution of the study is also generic in terms of its contemporary value, clarifying the FIR identity and to serve as a vantage point of reference for further research.