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Towards emerging Industry 5.0 – a review-based framework

Ashalakshmy Nair (Department of Management Studies, Pondicherry University, Karaikal, India)
Sini V. Pillai (Digital University Kerala, Trivandrum, India)
S.A. Senthil Kumar (Department of Management Studies, Pondicherry University, Karaikal, India)

Journal of Strategy and Management

ISSN: 1755-425X

Article publication date: 25 January 2024

144

Abstract

Purpose

The study aims to investigate the integration of human and machine intelligence in Industry 4.0 (I4.0), particularly in the convergence of industrial revolutions 4.0 (IR4.0) and 5.0. It seeks to identify employee competencies aligned with industry 5.0 (I5.0) and propose a framework for deep multi-level cooperation to improve human integration within the intelligence system.

Design/methodology/approach

This study uses bibliometric analysis to review 296 research papers retrieved from the Scopus database between 2002 and 2022. The prominence of the research is evaluated by analyzing the publication trend, sample statistics, theoretical foundation, commonly used keywords, thematic evolution, country-based contributions and top-cited documents.

Findings

The study observed that research in I5.0 has been limited in the past but has gained momentum since 2015. An analysis of research papers from 2002 to 2022 reveals a gradual shift toward human-centric practices. The literature on I4.0, the internet of things (IoT), artificial intelligence (AI), cloud manufacturing, blockchain and big data analysis has been increasingly highlighting the growing importance of digitalization in the future. An increase in the number of countries contributing to the field of study has also been observed.

Originality/value

This analysis offers valuable insights for managers, policymakers, information technology (IT) developers and stakeholders in understanding and implementing human-centric practices in I5.0. It emphasizes staying current with trends, embracing workforce empowerment through reskilling and upskilling, and prioritizing data privacy and security in adaptable systems. These strategies contribute to developing effective, inclusive and ethically sound approaches aligned with the principles of I5.0.

Keywords

Citation

Nair, A., Pillai, S.V. and Senthil Kumar, S.A. (2024), "Towards emerging Industry 5.0 – a review-based framework", Journal of Strategy and Management, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JSMA-04-2023-0067

Publisher

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Emerald Publishing Limited

Copyright © 2024, Emerald Publishing Limited

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