Table 4

Pearson correlation coefficients between independent variables and industry 4.0 transformation variables

Implementation level of industry 4.0 applicationsPlans for strategies of industry 4.0Budget allocated for industry 4.0 applications past two years.
Company sizePearson Correlation0.396**0.330**0.404**
Sig. (2-tailed)0.0000.0010.000
N103103103
Technological level of productsPearson Correlation0.255**0.345**0.299**
Sig. (2-tailed)0.0090.0000.002
N103103103
Level of automationPearson Correlation0.587**0.520**0.505**
Sig. (2-tailed)0.0000.0000.000
N103103103
Level of agility/flexibilityPearson Correlation0.357**0.310**0.227*
Sig. (2-tailed)0.0000.0010.021
N103103103
Level of lean applicationsPearson Correlation0.515**0.472**0.503**
Sig. (2-tailed)0.0000.0000.000
N103103103
Budget allocation for R&D departmentPearson Correlation0.467**0.487**0.520**
Sig. (2-tailed)0.0000.0000.000
N103103103

or Create an Account

Close subscription notice
Close access options