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Industry 4.0

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Industry 4.0, Schumpeter’s “creative destruction” and COVID-19 Full reports

Industry 4.0, Schumpeter’s “creative destruction” and COVID-19

Creative destruction is an economic concept developed by Joseph Schumpeter in the middle of the 20th century. In his book “Capitalism, socialism and democracy”, Schumpeter describes this phenomenon as “process of industrial mutation that continuously revolutionises the economic structure from within, incessantly destroying the old one, incessantly creating a new…
Pawel Morisson de la Bassetière
2023-04-07
Warsaw Poland
Selected Polish government’s initiatives towards the implementation of Industry 4.0 Analysis & ResearchCountry Analysis

Selected Polish government’s initiatives towards the implementation of Industry 4.0

The Polish economy is still significantly behind other European countries in terms of Industry 4.0 implementation. The Polish government has become increasingly aware of the fundamental importance of modernizing its industry in order to ensure its economic sustainability. Having a competitive industry is of paramount importance for any country, in…
Pawel Morisson de la Bassetière
2022-11-23
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