Journal
SUSTAINABILITY
Volume 11, Issue 20, Pages -Publisher
MDPI
DOI: 10.3390/su11205807
Keywords
advanced manufacturing; industry 4.0; SME; technology adoption model
Funding
- Japan Society for the Promotion of Science [PE15003]
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In the light of several national advanced manufacturing strategies such as Industry 4.0 in Germany or the Made in China 2025 initiative in China, this article examines the challenges of Industry 4.0 adoption of Japanese small and medium-sized manufacturing firms. A technology adoption model for Industry 4.0 is developed and empirically tested with 38 manufacturing companies. The results yield that the market uncertainty of the firm's business is a significant driver for adoption in the short, medium, and long-term. Relative competitive advantage matters in the short term and top management support in the long-term. No support has been identified concerning advanced manufacturing complexity and market transparency of Industry 4.0 solutions.
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