Technological competitiveness and emerging technologies in industry 4.0 and industry 5.0

Abstract

Technological competitiveness and emerging technologies are more necessary in the organizational strategy to cope with industrial advances and improve the nation’s economy. In this sense, technological innovation, computational developments, smart devices, and other technologies are shaping the new industrial revolutions. Therefore, the technological competitiveness and emerging technologies of industry 4.0 and industry 5.0 are holistically analyzed to identify the key elements of developed economies and emerging economies. For this, we used a bibliometric analysis with Biblioshiny, a systematic review of the literature and a content analysis. The results in terms of technological competitiveness in developed economies show the importance of the competences and engineering skills in the personnel approach; R+D+i and the supply chain in the organizational approach; and the use of emerging technologies such as the internet of things and big data. The comparison with emerging economies indicates the importance of key elements such as training and education, and skills in the personnel approach; sustainability and structure in the organizational approach; and emerging technologies such as the internet of things and digitalization.