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Industry 4.0 and value creation in the future city

Jones, Calvin ORCID: https://orcid.org/0000-0003-4980-2330 and Henderson, Dylan ORCID: https://orcid.org/0000-0002-1466-1315 2022. Industry 4.0 and value creation in the future city. [Working Paper]. Cardiff: Cardiff University.

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Abstract

There has been growing discussion of industry 4.0 and the opportunities that it may provide for new and existing manufacturers to redistribute production and re-establish previously offshored activities. We consider the role of cities in this context and suggest that for this case there is limited evidence so far that industry 4.0 activities will provide significant economic opportunity. Any transformative impact of industry 4.0 on the geography of production is hitherto hard to discern, and ownership patterns and the dominance of platform firms in technology sectors may significantly reduce the ability of most cities to generate and retain ‘new’ economic value.

Item Type: Monograph (Working Paper)
Date Type: Publication
Status: Unpublished
Schools: Business (Including Economics)
Wales Institute of Social & Economic Research, Data & Methods (WISERD)
Subjects: H Social Sciences > H Social Sciences (General)
Publisher: Cardiff University
Date of First Compliant Deposit: 8 August 2022
Last Modified: 10 Nov 2022 11:36
URI: https://orca.cardiff.ac.uk/id/eprint/151138

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