The Role of Open Innovation and Value Co-creation in the Challenging Transition from Industry 4.0 to Society 5.0: Toward a Theoretical Framework
Summary. This paper develops a theoretical framework connecting Industry 4.0 technologies—advanced manufacturing, augmented reality, cloud computing, and big data—to Society 5.0, a vision prioritizing social and global well-being. The authors argue that open innovation and value co-creation are critical mechanisms enabling this transition. The framework helps managers design strategies to capitalize on opportunities and address challenges as firms navigate from technology-focused industrial advancement toward society-wide benefits.
Cite this article
Aquilani, B., Piccarozzi, M., Abbate, T., & Codini, A. P.. (2020). The Role of Open Innovation and Value Co-creation in the Challenging Transition from Industry 4.0 to Society 5.0: Toward a Theoretical Framework. Sustainability. https://doi.org/10.3390/su12218943
Aquilani, Barbara, et al. “The Role of Open Innovation and Value Co-creation in the Challenging Transition from Industry 4.0 to Society 5.0: Toward a Theoretical Framework.” Sustainability, 2020. https://doi.org/10.3390/su12218943.
Aquilani, Barbara, Michela Piccarozzi, Tindara Abbate, and Anna Paola Codini. 2020. “The Role of Open Innovation and Value Co-creation in the Challenging Transition from Industry 4.0 to Society 5.0: Toward a Theoretical Framework.” Sustainability. https://doi.org/10.3390/su12218943.
@article{aquilani-2020-role-open-innovation-value-co,
title = {The Role of Open Innovation and Value Co-creation in the Challenging Transition from Industry 4.0 to Society 5.0: Toward a Theoretical Framework},
author = {Barbara Aquilani and Michela Piccarozzi and Tindara Abbate and Anna Paola Codini},
journal = {Sustainability},
year = {2020},
doi = {10.3390/su12218943},
url = {https://doi.org/10.3390/su12218943}
}
TY - JOUR TI - The Role of Open Innovation and Value Co-creation in the Challenging Transition from Industry 4.0 to Society 5.0: Toward a Theoretical Framework AU - Barbara Aquilani AU - Michela Piccarozzi AU - Tindara Abbate AU - Anna Paola Codini JO - Sustainability PY - 2020 DO - 10.3390/su12218943 UR - https://doi.org/10.3390/su12218943 ER -
Details
- DOI
- 10.3390/su12218943
- Countries
- Italy
- Regions
- Europe
- Categories
- innovation-theory, regional-innovation-systems, general-innovation
- Added
- 2026-04-28