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Assessing the Relationship Between Core Technologies of the Fourth Industrial Revolution and Company Sales

  • Industry Promotion Research
  • Abbr : IPR
  • 2023, 8(2), pp.1-9
  • DOI : 10.21186/IPR.2023.8.2.001
  • Publisher : Industrial Promotion Institute
  • Research Area : Interdisciplinary Studies > Interdisciplinary Research
  • Received : March 13, 2023
  • Accepted : April 11, 2023
  • Published : April 30, 2023

Hanmin Gu 1 Uihyun Hwang 1 KAB SUNG KIM 1

1연세대학교

Accredited

ABSTRACT

To bridge the research gap in the area of the Fourth Industrial Revolution, we explore the correlation between the core technologies of the Fourth Industrial Revolution and the economic performance of companies. The results show that the technologies have a statistically significant positive (+) correlation with company sales. The size of the correlation is highest for 3D printing (139%), followed by big data (129%), cloud computing (127%), artificial intelligence (78%), and the internet of things (70%). We also found a statistically significant negative (-) interaction effect between the internet of things and 3D printing, cloud computing and big data, and cloud computing and 3D printing when examining the interaction effect of introducing core technologies of the Fourth Industrial Revolution on company sales. This paper represents an early attempt to examine the correlation between the core technologies of the Fourth Industrial Revolution and the economic performance of companies and may serve as a basis for further empirical research.

Citation status

* References for papers published after 2023 are currently being built.