Digitalization and Development Ecosystem for Promoting Industrial Revolution 4.0 Technologies in Malaysia

• Other Authors: Rasiah, Rajah (Editor), Low, Wah Yun (Editor), Kamaruddin, Nurliana (Editor)
• Format: Electronic Book Chapter
• Language: English
• Published: Taylor & Francis 2023
• Series: Routledge Frontiers of Business Management
• Subjects: Electronics engineering; Development studies; automation;digitalization;Fourth Industrial Revolution;machine learning;smart manufacturing;smart nation
• Online Access: OAPEN Library: download the publication; OAPEN Library: description of the publication

This book examines the diffusion of digitalization and Industry 4.0 technologies in Malaysia by focusing on the ecosystem critical for its expansion. The chapters examine the digital proliferation in major sectors of agriculture, manufacturing, e-commerce and services, as well as the intermediary organizations essential for the orderly performance of socioeconomic agents. The book incisively reviews policy instruments critical for the effective and orderly development of the embedding organizations, and the regulatory framework needed to quicken the appropriation of socioeconomic synergies from digitalization and Industry 4.0 technologies. It highlights the importance of collaboration between government, academic and industry partners, as well as makes key recommendations on how to encourage adoption of IR4.0 technologies in the short- and long-term. This book bridges the concepts and applications of digitalization and Industry 4.0 and will be a must-read for policy makers seeking to quicken the adoption of its technologies.