Digital innovation and Industry 4.0 for global value chain resilience: Lessons learned and ways forward

John Dilyard; Shasha Zhao; Jacqueline Jing You

doi:10.1002/tie.22229

Digital innovation and Industry 4.0 for global value chain resilience: Lessons learned and ways forward

John Dilyard, Shasha Zhao^*, Jacqueline Jing You

^*Corresponding author for this work

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Research output: Contribution to journal › Comment/debate › peer-review

Abstract

This perspective article highlights some major implications of the recent pandemic (Covid-19) on global value chains (GVCs) and how the pandemic can accelerate the adoption of digital and Industry 4.0 technologies in GVCs, with attention paid to multinational enterprises and small-medium enterprises. Particularly, it discusses the potential value of digital technologies in enhancing GVC resilience for better mitigation of disruptions caused by future global shocks. It also proposes useful avenues for future policy considerations to support and direct deployment of digital technologies across key stakeholders in GVCs.

Original language	English
Pages (from-to)	577-584
Number of pages	8
Journal	Thunderbird International Business Review
Volume	63
Issue number	5
Early online date	16 Jul 2021
DOIs	https://doi.org/10.1002/tie.22229
Publication status	Published - 9 Aug 2021

Bibliographical note

Publisher Copyright:
© 2021 Wiley Periodicals LLC.

Keywords

digital innovation
global value chain
Industry 4.0
MNE
pandemic
SME

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10.1002/tie.22229

Cite this

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abstract = "This perspective article highlights some major implications of the recent pandemic (Covid-19) on global value chains (GVCs) and how the pandemic can accelerate the adoption of digital and Industry 4.0 technologies in GVCs, with attention paid to multinational enterprises and small-medium enterprises. Particularly, it discusses the potential value of digital technologies in enhancing GVC resilience for better mitigation of disruptions caused by future global shocks. It also proposes useful avenues for future policy considerations to support and direct deployment of digital technologies across key stakeholders in GVCs.",

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AU - You, Jacqueline Jing

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KW - global value chain

KW - Industry 4.0

KW - MNE

KW - pandemic

KW - SME

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JO - Thunderbird International Business Review

JF - Thunderbird International Business Review

IS - 5

ER -

Digital innovation and Industry 4.0 for global value chain resilience: Lessons learned and ways forward

Abstract

Bibliographical note

Keywords

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