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Networked, Smart, and Responsive Devices in Industry 4.0 Manufacturing Systems

Tomas Kliestik et al.

ABSTRACT. The purpose of this study was to empirically examine Industry 4.0 manufacturing systems. Building our argument by drawing on data collected from BCG, Capgemini, Deloitte, McKinsey, PwC, SME, and Software AG, we performed analyses and made estimates regarding networked, smart, and responsive devices. The structural equation modeling technique was used to test the research model.
JEL Codes: E24; J21; J54; J64

Keywords: Industry 4.0; manufacturing system; networked; smart; responsive

How to cite: Kliestik, T., Nica, E., Musa, H., Poliak, M., and Mihai, E.-A. (2020). “Networked, Smart, and Responsive Devices in Industry 4.0 Manufacturing Systems,” Economics, Management, and Financial Markets 15(3): 23–29. doi:10.22381/EMFM15320203

Received 6 July 2020 • Received in revised form 4 September 2020
Accepted 7 September 2020 • Available online 9 September 2020

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Tomas Kliestik
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Faculty of Operation and Economics
of Transport and Communications,
Department of Economics,
University of Zilina, Zilina, Slovak Republic
(corresponding author)
Elvira Nica
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The Bucharest University of Economic Studies, Romania
Hussam Musa
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Faculty of Economics, Matej Bel University,
Banska Bystrica, Slovak Republic
Milos Poliak
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Faculty of Operation and Economics
of Transport and Communications,
Department of Road and Urban Transport,
University of Zilina, Zilina, Slovak Republic
Eleodor-Alin Mihai
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University of Craiova, Romania

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