Indications of advanced social and economic growth in V4 corporate performance frameworks
DOI:
https://doi.org/10.3846/bm.2023.976Keywords:
digitization, Industry 4.0, employment, Internet of Things, automation, corporate performanceAbstract
Particularly among middle-income individuals, digitization and automation provoke recurring anxieties of a significant loss of employment. This worry has revived on the European continent in recent years due to the increased use of computer technology and robotics in production. This study aims to determine the extent to which technological advancement and automation are reflected in the employment patterns of Central European nations through a comprehensive literature review and a regression analysis of Eurostat data. Incomplete information and a limited sample size are inherent challenges of this study. The conclusions of the study illustrate the significance and urgency of digital future investment.
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