Published : 2021-12-30

The Global Experience of State Support for Industrial Production in the Context of the Transition to Industry 4.0 and Digitalization

Ivan P. Buleev



Oleksandra Chorna



Yaroslav Bryukhovetsky



Abstract

The article provides an overview of government initiatives around the world aimed at encouraging the modernisation of industrial production. Government policies in this regard have been pursued in many countries with an emphasis on digital technology, innovation, and collaboration between government, business and science. The article presents various measures of state support for industrial production in the context of the transition to industry 4.0 and digitalization, including public-private partnerships. Today, the Ukrainian industry is in crisis. The manufacturing sector needs to manage its digital transformation, show greater concern for the environment and improve energy efficiency in order to compete in the domestic and foreign markets with new, more efficient players. What is required to accelerate the shift towards Industry 4.0 and the process of digitalisation are effective tools and government support as well as the platforms of understanding between representatives of government, business, science, educational institutions and other stakeholders.(original abstract)

Keywords:

Industrial production, Digitization, Modernization of industry, Aid for enterprises, Financial support, Public state aid



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Buleev, I. P., Chorna, O., & Bryukhovetsky, Y. (2021). The Global Experience of State Support for Industrial Production in the Context of the Transition to Industry 4.0 and Digitalization. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 95(4). https://doi.org/10.5604/013001.0015.9364

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Uniwersytet WSB Merito w Poznaniu
ul. Powstańców Wielkopolskich 5
61-895 Poznań
e-mail: journals@poznan.merito.pl
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Uniwersytet WSB Merito w Poznaniu / WSB Merito University
ul. Powstańców Wielkopolskich 5
61-895 Poznań

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