EFFECTS OF INDUSTRY 4.0 ON ECONOMY: SOCIAL NETWORK ANALYSIS

Abstract

Industry 4.0 is a hot topic in both industry and academia. Industry 4.0 has an essential role in the strategies for taking advantage of the transformation in all stages of production and service systems. Predictions showed that countries that can implement Industry 4.0 applications will utility significant competitive advantages in the global economy. Google Scholar database used for the social network analysis carried out within the scope of the study. In this study, the primary condition for the selection of the articles from the literature determined as the economics basis articles. These articles analyzed via social network analysis. Basic and economic concepts evaluated, which related to Industry 4.0 through the analysis results.