Impact of 4.0 on export strategies
| 4.0 technology | Impact on export strategies | Authors (year) |
|---|---|---|
| Additive manufacturing |
| Kafouros et al. (2008), Zahra and Covin (1995) |
| Advanced manufacturing |
| Kafouros et al. (2008), Zahra and Covin (1995) |
| Zhang et al. (2023) | |
| Big data |
| Strange and Zucchella (2017) |
| ||
| Al-Khatib (2023) | |
| Artificial intelligence |
| Xu and Tian (2023) |
| Brynjolfsson et al. (2019) | |
| Blockchain |
| Purwaningsih et al. (2024) |
| Cloud computing |
| Boccia et al. (2022) |
| 4.0 technology | Impact on export strategies | Authors (year) |
|---|---|---|
| Additive manufacturing | Enabling response to technological and environmental changes in highly competitive global markets | |
| Advanced manufacturing | Enabling response to technological and environmental changes in highly competitive global markets | |
Facilitating to enter export markets and improve export performance reducing variable production costs Facilitating to win export competition and increase market share Fiercer market competition when improving the productivity of firms | ||
| Big data | Change in export strategies through high-speed connectivity | |
Monitoring emerging trends and opportunities in overseas markets Optimize supply, production and distribution activities around the world Facilitating business activities expansions to international, fast growing and distant ones markets | ||
Increasing export performance | ||
| Artificial intelligence | Improving export product quality by boosting resource allocation efficiency and information-processing abilities | |
Facilitating exports allowing a substantial reduction in translation costs and helping to face language barriers | ||
| Blockchain | Increasing export performance and fostering international trade success | |
| Cloud computing | Increasing export performance indicators, such as export value, export intensity and export in most dynamics sectors |
Source(s): Own elaboration
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.