Digital green innovation economy for Industry 5.0
Abstract
In the context of current global economic development, Industry 5.0 and the digital green innovation economy have become hot research topics, and they are related to each other, providing new opportunities for sustainable development. Using the literature research method and a comprehensive analysis of relevant literature, this paper discusses the internal mechanism and realization path of Industry 5.0, enabling a green innovation economy, and concludes that the implementation of Industry 5.0 and the digital green innovation economy is of great significance in terms of resource efficiency, waste reduction, and carbon emission reduction. However, there are also challenges, such as technical barriers, regulatory issues, and funding needs. To achieve the Sustainable Development Goals, the government, enterprises, and society need to work together to formulate appropriate policies and strategies to promote the integration of Industry 5.0 and the digital green innovation economy. This paper aims to emphasize the importance of a digital green innovation economy oriented to Industry 5.0, provide new impetus for future economic growth, reduce environmental pollution, promote sustainable social development, and lay a foundation for subsequent research.
References
Sjödin D, Parida V, Visnjic I. How Can Large Manufacturers Digitalize Their Business Models? A Framework for Orchestrating Industrial Ecosystems. California Management Review. 2021; 64(3): 49-77. doi: 10.1177/00081256211059140
Dincer I, Zamfirescu C. Potential options to greenize energy systems. Energy. 2012; 46(1): 5-15. doi: 10.1016/j.energy.2011.11.061
Maddikunta PKR, Pham QV, B P, et al. Industry 5.0: A survey on enabling technologies and potential applications. Journal of Industrial Information Integration. 2022; 26: 100257. doi: 10.1016/j.jii.2021.100257
Luke. Industry 5.0 and Circular Economy. World Electronic Components. 2023; 11: 9-11.
Deng Z. Realize Industry 5.0: the construction of a new relationship between man-machine fusion. Tsinghua Management Review. 2023; 108(Z1): 52-55.
Huang Y. Industry 5.0: High-quality development for the future. Tsinghua Management Review. 2023; 108(Z1): 60-66.
Liu J, Wang DL. Industry 5.0 for enterprise resilience construction from the pursuit of Just in Time to both Just in Case. Tsinghua Management Review. 2023; 110(4): 22-33.
Chen J. Intelligent Innovation Strategy in Industry 5.0: Achieving Performance Beyond World-Class. Tsinghua Management Review. 2022; 99(3): 6-17.
Pearce D. Blueprint for a Green Economy. London: Earthscan Publications Ltd; 1989.
Ali EB, Anufriev VP, Amfo B. Green economy implementation in Ghana as a road map for a sustainable development drive: A review. Scientific African. 2021; 12: e00756. doi: 10.1016/j.sciaf.2021.e00756
Hou X, Cai L. Evaluation Research of the Application of Green Innovative Economic Theory in Rural Revitalization Practice. Anhui Agricultural Science Bulletin. 2019; 25(12): 6-10.
Chen P, Fu KX, Yi XL, Fu ZH. The internal mechanism and influence effect of digital economy driving the green development of Chinese sports goods manufacturing industry. Journal of Wuhan Institute of Physical Education. 2023; 12: 51-60.
Hu HY, Yang LQ. Research on the effect and mechanism of the digital economy in enabling the green development of the economy. Regional Economic Review. 2023; 6: 84-93.
Wang C, Li Z. Digital Economy, Green Technology Innovation, and Carbon Welfare Performance. Enterprise Economy. 2023. doi: 10.3969/j.issn.1003-9229.2023.42.036
Li Z, Zhang Y, Zhao Z. Digital Economy and Industrial Green Transformation: Intermediary and Threshold Effects Based on Technological Innovation. Industrial Technology and Economy. 2023; 42(10): 3-16.
Yin S, Yu Y. An adoption-implementation framework of digital green knowledge to improve the performance of digital green innovation practices for industry 5.0. Journal of Cleaner Production. 2022; 363: 132608. doi: 10.1016/j.jclepro.2022.132608
Liu J, Zhao QY. Mechanism test of industrial green transformation and upgrading enabled by digital economy. Lanzhou Academic Journal. 2023; 10: 68-85.
Yang L. Digital Economy Empowerment and Industrial Low-Carbon Transformation: Internal Mechanisms and Empirical Evidence. Journal of Jilin University of Finance and Economics. 2023; 39(4): 28-36.
Yin S, Dong T, Li B, et al. Developing a Conceptual Partner Selection Framework: Digital Green Innovation Management of Prefabricated Construction Enterprises for Sustainable Urban Development. Buildings. 2022; 12(6): 721. doi: 10.3390/buildings12060721
Wang Z, Gao T, Wang R. Research on Digital Innovation Empowering Digital Economic Development: A Literature Review. Studies in Science Management. 2022; 40(5): 91-97.
Yin S, Yu Y. An adoption-implementation framework of digital green knowledge to improve the performance of digital green innovation practices for industry 5.0. Journal of Cleaner Production. 2022; 363: 132608. doi: 10.1016/j.jclepro.2022.132608
Hu C, Sun T, Yin S, et al. A systematic framework to improve the digital green innovation performance of photovoltaic materials for building energy system. Environmental Research Communications. 2023; 5(9): 095009. doi: 10.1088/2515-7620/acf550
Xu S, Gao K. Green finance and high-quality development of marine economy. Marine Economics and Management. 2022; 5(2): 213-227. doi: 10.1108/maem-01-2022-0001
Dong T, Yin S, Zhang N. New Energy-Driven Construction Industry: Digital Green Innovation Investment Project Selection of Photovoltaic Building Materials Enterprises Using an Integrated Fuzzy Decision Approach. Systems. 2022; 11(1): 11. doi: 10.3390/systems11010011
Liu J, Wang DL. Industry 5.0 for enterprise resilience construction from the pursuit of Just in Time to both Just in Case. Tsinghua Man-agement Review. 2023; 4: 22-33.
Li GY, Liu L. Industry 5.0: To become a more meaningful industrial system. Tsinghua Management Review. 2023; 108(Z1): 67-72.
Wang Y, Tong Y. Value innovation strategy for Industry 5.0. Tsinghua Management Review. 2023; 108(Z1): 73-81.
Dong T, Yin S, Zhang N. The Interaction Mechanism and Dynamic Evolution of Digital Green Innovation in the Integrated Green Building Supply Chain. Systems. 2023; 11(3): 122. doi: 10.3390/systems11030122
Li GY, Liu L. Industry 5.0: To become a more meaningful industrial system. Tsinghua Management Review. 2023; 108(Z1): 67-72.
Yin S, Wang Y, Xu J. Developing a Conceptual Partner Matching Framework for Digital Green Innovation of Agricultural High-End Equipment Manufacturing System Toward Agriculture 5.0: A Novel Niche Field Model Combined with Fuzzy VIKOR. Frontiers in Psychology. 2022; 13. doi: 10.3389/fpsyg.2022.924109
Xu X, Lu Y, Vogel-Heuser B, et al. Industry 4.0 and Industry 5.0—Inception, conception and perception. Journal of Manufacturing Systems. 2021; 61: 530-535. doi: 10.1016/j.jmsy.2021.10.006
Zhao Y, Zhang Y, Song Y, et al. Enhancing building energy efficiency: Formation of a cooperative digital green innovation atmosphere of photovoltaic building materials based on reciprocal incentives. AIMS Energy. 2023; 11(4): 694-722. doi: 10.3934/energy.2023035
Ma N, Yao X, Chen F, et al. Human-centric Smart Manufacturing for Industry 5.0. Journal of Mechanical Engineering. 2022; 58(18): 88. doi: 10.3901/jme.2022.18.088
Copyright (c) 2024 Xiaolu Lv, Yiran Wang, Lirui Liu, Shi Yin
This work is licensed under a Creative Commons Attribution 4.0 International License.
Submit a Paper
