The business ecosystem for industrial revolution 4.0: A game theory approach
Aluisius Hery Pratono · 2018
This study aims to examine the scenarios for better forecasting, condition monitoring, and respond to the unintended or unanticipated consequences of using the Industry 4.0. The game theory is adopted to understand the potential results from the intention to gain benefit from the Industry 4.0. Simultaneous investments in the industry 4.0 have strong complementarities can support economic growth. Here, each component is necessary for the success of the whole. Consider the roles of SMEs, consumers, and government in the industry 4.0, the performance of each economic player is necessary, but none alone is sufficient for the sustainability performance of Industry 4.0. The issue is that no single player intent to be caught with his financial shorts down. Hence, investments must yield real returns, which occurs only if the business creates value for consumers. Unless a confidence-driven investment is supported by the value creation of in the economy, Industry 4.0 will come to trouble.