How to Respond to the Fourth Industrial Revolution, or the Second Information Technology Revolution? Dynamic New Combinations between Technology, Market, and Society through Open Innovation

MinHwa Lee, JinHyo Joseph Yun, Andreas Pyka, DongKyu Won, Fumio Kodama, Giovanni Schiuma, HangSik Park, Jeonghwan Jeon, KyungBae Park, Kwangho Jung, Min-Ren Yan, SamYoul Lee, Xiaofei Zhao · 2018 · Journal of Open Innovation Technology Market and Complexity

Summary. Eleven international scholars define the Fourth Industrial Revolution and propose institutional, technological, and firm-level responses to it. The paper establishes a framework for understanding how organizations can adapt through open innovation by combining technology, market dynamics, and societal needs. Rather than providing final answers, it creates a template for ongoing research into industrial transformation.

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Lee, M., Yun, J. J., Pyka, A., Won, D., Kodama, F., Schiuma, G., Park, H., Jeon, J., Park, K., Jung, K., Yan, M., Lee, S., & Zhao, X.. (2018). How to Respond to the Fourth Industrial Revolution, or the Second Information Technology Revolution? Dynamic New Combinations between Technology, Market, and Society through Open Innovation. Journal of Open Innovation Technology Market and Complexity. https://doi.org/10.3390/joitmc4030021

@article{lee-2018-how-respond-fourth-industrial-revolution,
  title   = {How to Respond to the Fourth Industrial Revolution, or the Second Information Technology Revolution? Dynamic New Combinations between Technology, Market, and Society through Open Innovation},
  author  = {MinHwa Lee and JinHyo Joseph Yun and Andreas Pyka and DongKyu Won and Fumio Kodama and Giovanni Schiuma and HangSik Park and Jeonghwan Jeon and KyungBae Park and Kwangho Jung and Min-Ren Yan and SamYoul Lee and Xiaofei Zhao},
  journal = {Journal of Open Innovation Technology Market and Complexity},
  year    = {2018},
  doi     = {10.3390/joitmc4030021},
  url     = {https://doi.org/10.3390/joitmc4030021}
}

TY  - JOUR
TI  - How to Respond to the Fourth Industrial Revolution, or the Second Information Technology Revolution? Dynamic New Combinations between Technology, Market, and Society through Open Innovation
AU  - MinHwa Lee
AU  - JinHyo Joseph Yun
AU  - Andreas Pyka
AU  - DongKyu Won
AU  - Fumio Kodama
AU  - Giovanni Schiuma
AU  - HangSik Park
AU  - Jeonghwan Jeon
AU  - KyungBae Park
AU  - Kwangho Jung
AU  - Min-Ren Yan
AU  - SamYoul Lee
AU  - Xiaofei Zhao
JO  - Journal of Open Innovation Technology Market and Complexity
PY  - 2018
DO  - 10.3390/joitmc4030021
UR  - https://doi.org/10.3390/joitmc4030021
ER  -

Details

DOI: 10.3390/joitmc4030021
Countries: South Korea, Germany, Japan
Regions: Asia, Europe
Categories: innovation-theory, innovation-networks, general-innovation
Added: 2026-04-28