Value Chain in Industry 4.0, Concept Development in the Previous Industrial Revolutions

A value chain means bringing a product from designing (conception) to delivery, and it includes all the stages needed, in a business, to bring something from the producer to client, including marketing and distribution. If a company is focused on production of goods, a value chain contains all the s...

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Main Author: Teodor Emanuel Petreanu
Format: Article
Language:English
Published: Ovidius University Press 2019-01-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/08/22.pdf
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author Teodor Emanuel Petreanu
author_facet Teodor Emanuel Petreanu
author_sort Teodor Emanuel Petreanu
collection DOAJ
description A value chain means bringing a product from designing (conception) to delivery, and it includes all the stages needed, in a business, to bring something from the producer to client, including marketing and distribution. If a company is focused on production of goods, a value chain contains all the stages and inputs from the raw materials needed to consumer delivery. This paper aims to illustrates the value chain concept in his entire evolution, in developing business models, in all the four industrial revolutions. After Steam, Electrical power and IT revolutions, now we leave the CPS industrial revolution. Industry 4.0 is a german term used for the new type of industry, that includes services sold by the industry. Growth clusters of high-added activities bring high income into the economy. Interdependence is the future and this trend includes real and financial market interactions.
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spelling doaj.art-b190598488f84dbaba7e2a7d203caf5c2022-12-21T19:18:26ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272019-01-01XIX1272275Value Chain in Industry 4.0, Concept Development in the Previous Industrial RevolutionsTeodor Emanuel Petreanu0The Bucharest University of Economic StudiesA value chain means bringing a product from designing (conception) to delivery, and it includes all the stages needed, in a business, to bring something from the producer to client, including marketing and distribution. If a company is focused on production of goods, a value chain contains all the stages and inputs from the raw materials needed to consumer delivery. This paper aims to illustrates the value chain concept in his entire evolution, in developing business models, in all the four industrial revolutions. After Steam, Electrical power and IT revolutions, now we leave the CPS industrial revolution. Industry 4.0 is a german term used for the new type of industry, that includes services sold by the industry. Growth clusters of high-added activities bring high income into the economy. Interdependence is the future and this trend includes real and financial market interactions.http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/08/22.pdfbusiness modelsvalue chaincreative industriesIndustry 4.0
spellingShingle Teodor Emanuel Petreanu
Value Chain in Industry 4.0, Concept Development in the Previous Industrial Revolutions
Ovidius University Annals: Economic Sciences Series
business models
value chain
creative industries
Industry 4.0
title Value Chain in Industry 4.0, Concept Development in the Previous Industrial Revolutions
title_full Value Chain in Industry 4.0, Concept Development in the Previous Industrial Revolutions
title_fullStr Value Chain in Industry 4.0, Concept Development in the Previous Industrial Revolutions
title_full_unstemmed Value Chain in Industry 4.0, Concept Development in the Previous Industrial Revolutions
title_short Value Chain in Industry 4.0, Concept Development in the Previous Industrial Revolutions
title_sort value chain in industry 4 0 concept development in the previous industrial revolutions
topic business models
value chain
creative industries
Industry 4.0
url http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/08/22.pdf
work_keys_str_mv AT teodoremanuelpetreanu valuechaininindustry40conceptdevelopmentinthepreviousindustrialrevolutions