Towards Industry 4.0: increasing efficiency and effectiveness through technology integration in agriculture
DOI:
https://doi.org/10.26661/2522-1566/2023-2/24-02Keywords:
technology integration and agriculture, agriculture industry, sustainable development, technology and agricultureAbstract
Agricultural industries, as well as other industries, are experiencing profound changes as a result of Industry 4.0. A key enabler technology that is becoming increasingly incorporated into agricultural equipment is a combination of cyber-physical systems, machine learning, the Internet of things, robots, artificial intelligence, the cloud, and cognitive computing, which are all key enabler technologies that allow the agricultural sector to achieve this transformation. The study involved interviews and surveys of 250 professionals from a cross-section of the agriculture industry and emerging technologies. According to the results, advances in machinery have led to a considerable increase in the scale, speed, and productivity of farm equipment, which has resulted in more efficient farming. A significant improvement has also been made in the quality of seeds, resources, irrigation, and fertilizer used by farmers over the years, allowing them to increase their yields. As a conclusion, the concept of artificial intelligence (AI) is at the heart of Industry 4.0. AI has an important role to play in agriculture.
JEL Classification: O14, O32, O33
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Bell, M. (1984). ‘Learning’and the accumulation of industrial technological capacity in developing countries. Technological capability in the Third World, 187-209.
Biggs, S. D., & Clay, E. J. (1981). Sources of innovation in agricultural technology. World Development, 9(4), 321-336.
Blomström, M., & Persson, H. (1983). Foreign investment and spillover efficiency in an underdeveloped economy: Evidence from the Mexican manufacturing industry. World development, 11(6), 493-501.
Brown, R., Condor, S., Mathews, A., Wade, G., & Williams, J. (1986). Explaining intergroup differentiation in an industrial organization. Journal of Occupational psychology, 59(4), 273-286.
Chang, S. J., & Choi, U. (1988). Strategy, structure and performance of Korean business groups: A transactions cost approach. The journal of industrial economics, 141-158.
Dalenogare, L. S., Benitez, G. B., Ayala, N. F., & Frank, A. G. (2018). The expected contribution of Industry 4.0 technologies for industrial performance. International Journal of production economics, 204, 383-394.
De Brentani, U. (1989). Success and failure in new industrial services. Journal of Product Innovation Management: An International Publication of the Product Development & Management Association, 6(4), 239-258.
Evenson, R. E. (1985). Agricultural research policy.
Ghobakhloo, M. (2020). Industry 4.0, digitization, and opportunities for sustainability. Journal of cleaner production, 252, 119869.
Gliessman, S. R., Garcia, R. E., & Amador, M. A. (1981). The ecological basis for the application of traditional agricultural technology in the management of tropical agro-ecosystems. Agro-ecosystems, 7(3), 173-185.
Hermann, M., Pentek, T., & Otto, B. (2016, January). Design principles for industrie 4.0 scenarios. In 2016 49th Hawaii international conference on system sciences (HICSS) (pp. 3928-3937). IEEE.
Jarillo, J. C. (1989). Entrepreneurship and growth: The strategic use of external resources. Journal of business venturing, 4(2), 133-147.
Jandyal, A., Chaturvedi, I., Wazir, I., Raina, A., & Haq, M. I. U. (2022). 3D printing–A review of processes, materials and applications in industry 4.0. Sustainable Operations and Computers, 3, 33-42.
Kobrin, S. J. (1987). Testing the bargaining hypothesis in the manufacturing sector in developing countries. International organization, 41(4), 609-638.
Kogut, B. (1989). The stability of joint ventures: Reciprocity and competitive rivalry. The journal of industrial economics, 183-198.
Kuan, C., Hongchang, W., Yuxin, Z., Jefferson, G. H., & Rawski, T. G. (1988). Productivity change in Chinese industry: 1953–1985. Journal of Comparative Economics, 12(4), 570-591.
Lasi, H., Fettke, P., Kemper, H. G., Feld, T., & Hoffmann, M. (2014). Industry 4.0. Business & information systems engineering, 6, 239-242.
Lu, Y. (2017). Industry 4.0: A survey on technologies, applications and open research issues. Journal of industrial information integration, 6, 1-10.
Masood, T., & Sonntag, P. (2020). Industry 4.0: Adoption challenges and benefits for SMEs. Computers in Industry, 121, 103261.
McGahan, A. M., & Porter, M. E. (1997). How much does industry matter, really?. Strategic management journal, 18(S1), 15-30.
Porter, M. E. (1981). The contributions of industrial organization to strategic management. Academy of management review, 6(4), 609-620.
Rosin, F., Forget, P., Lamouri, S., & Pellerin, R. (2020). Impacts of Industry 4.0 technologies on Lean principles. International Journal of Production Research, 58(6), 1644-1661.
Rüßmann, M., Lorenz, M., Gerbert, P., Waldner, M., Justus, J., Engel, P., & Harnisch, M. (2015). Industry 4.0: The future of productivity and growth in manufacturing industries. Boston consulting group, 9(1), 54-89.
Scherer, F. M. (1982). Inter-industry technology flows in the United States. Research policy, 11(4), 227-245.
Sony, M., & Naik, S. (2020). Key ingredients for evaluating Industry 4.0 readiness for organizations: a literature review. Benchmarking: An International Journal, 27(7), 2213-2232.
Stigler, G. J. (1983). The organization of industry. University of Chicago Press.
Stentoft, J., Adsbøll Wickstrøm, K., Philipsen, K., & Haug, A. (2021). Drivers and barriers for Industry 4.0 readiness and practice: empirical evidence from small and medium-sized manufacturers. Production Planning & Control, 32(10), 811-828.
Xu, L. D., Xu, E. L., & Li, L. (2018). Industry 4.0: state of the art and future trends. International journal of production research, 56(8), 2941-2962.
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Published
2023-06-20
Issue
Section
Economics
How to Cite
Tiwari, S.P. (2023) “Towards Industry 4.0: increasing efficiency and effectiveness through technology integration in agriculture”, Management and Entrepreneurship: Trends of Development, 2(24), pp. 17–25. doi:10.26661/2522-1566/2023-2/24-02.
