Industry 4.0 and Corporate Technological Responsibility of Manufacturing Firms in Nigeria
Keywords:
Industry 4.0, Artificial Intelligence, Internet of Things, Big Data Analytics, Corporate Technological Responsibility
Abstract
The study examined the relationship between industry 4.0 and corporate technological responsibility of manufacturing firms in Nigeria. Proxies of industry 4.0 were artificial intelligence, internet of things (IoT), big data analytics. The study deployed descriptive survey research design. A sample size of 452 respondents was obtained based on the number that responded to the research instrument administered online. The questionnaire was developed in line with four (4) point Likert scale. The responses were presented using frequency analysis while the Spearman Ranked Order Correlation Analysis was used in testing the three null hypotheses of the study. The first finding from Hypothesis I reveals a significant inverse relationship between AI adoption and corporate technological responsibility, with the Spearman's rho correlation coefficient of -0.567 (p-value = 0.000); the second finding from Hypothesis II indicates a strong positive relationship between IoT adoption and corporate technological responsibility, with a Spearman's rho correlation coefficient of 0.548 (p-value = 0.000); the third finding from Hypothesis III demonstrates an even stronger positive relationship between big data analytics and corporate technological responsibility, with a Spearman's rho correlation coefficient of 0.850 (p-value = 0.000). In conclusion, responsible implementation of Industry 4.0 practices will help balance technological advancement with ethical responsibility, ensuring sustainable and socially responsible growth. The study recommends that Chief Technology Officers (CTOs) of manufacturing firms should integrate ethical guidelines and social impact assessments into their AI deployment strategies to ensure that the technology is used responsibly.
References
AL-Khatib, A. W., Shuhaiber, A., Mashal, I., & Al-Okaily, M. (2024). Antecedents of Industry 4.0 capabilities and technological innovation: a dynamic capabilities perspective. European Business Review, 36(4), 566-587.
AlZayani, F., Mohammed, A., & Shoaib, H. M. (2024). The impact of smart technologies on SMEs’ sustainability: the mediation effect of sustainability strategy. Competitiveness Review: An International Business Journal, 34(1), 28-50.
Angermann, N. P. (2023). The challenge of corporate digital responsibility: an analysis of key elements for CDR implementation (Doctoral dissertation).
Bai, C., Orzes, G., & Sarkis, J. (2022). Exploring the impact of Industry 4.0 technologies on social sustainability through a circular economy approach. Industrial Marketing Management, 101, 176-190.
Channi, H. K., & Kumar, R. (2024). Digital technologies for fostering sustainability in Industry 4.0. In Evolution and Trends of Sustainable Approaches (pp. 227-251). Elsevier.
Cheng, C., & Zhang, M. (2023). Conceptualizing corporate digital responsibility: a digital technology development perspective. Sustainability, 15(3), 2319.
Chung, K., Thaichon, P., & Quach, S. (2022). Types of artificial intelligence (AI) in marketing management. In Artificial intelligence for marketing management (pp. 29-40). Routledge.
Cordeiro, R. F., Reis, L. P., & Fernandes, J. M. (2024). A study on the barriers that impact the adoption of Industry 4.0 in the context of Brazilian companies. The TQM Journal, 36(1), 361-384.
Ferreira, J. J., Lopes, J. M., Gomes, S., & Rammal, H. G. (2023). Industry 4.0 implementation: Environmental and social sustainability in manufacturing multinational enterprises. Journal of Cleaner Production, 404, 136841.
Garg, D., Mustaqueem, O. A., & Kumar, R. (2021). Industry 4.0 technologies and ethical sustainability. In Advances in Industrial and Production Engineering: Select Proceedings of FLAME 2020 (pp. 189-199). Springer Singapore.
Hossain, M. I., Kumar, J., Islam, M. T., & Valeri, M. (2024). The interplay among paradoxical leadership, industry 4.0 technologies, organisational ambidexterity, strategic flexibility and corporate sustainable performance in manufacturing SMEs of Malaysia. European Business Review, 36(5), 639-669.
Javaid, M., Haleem, A., Singh, R. P., Suman, R., & Gonzalez, E. S. (2022). Understanding the adoption of Industry 4.0 technologies in improving environmental sustainability. Sustainable Operations and Computers, 3, 203-217.
Kamble, S. S., & Gunasekaran, A. (2023). Analysing the role of Industry 4.0 technologies and circular economy practices in improving sustainable performance in Indian manufacturing organisations. Production planning & control, 34(10), 887-901.
Khan, I. S., Ahmad, M. O., & Majava, J. (2023). Industry 4.0 innovations and their implications: An evaluation from sustainable development perspective. Journal of Cleaner Production, 405, 137006.
Kılıç, C., & Atilla, G. (2024). Industry 4.0 and sustainable business models: An intercontinental sample. Business Strategy and the Environment, 33(4), 3142-3166.
Kong, D., & Liu, B. (2023). Digital technology and corporate social responsibility: evidence from China. Emerging Markets Finance and Trade, 59(9), 2967-2993.
Kunz, W. H., & Wirtz, J. (2024). Corporate digital responsibility (CDR) in the age of AI: implications for interactive marketing. Journal of Research in Interactive Marketing, 18(1), 31-37.
Lobschat, L., Mueller, B., Eggers, F., Brandimarte, L., Diefenbach, S., Kroschke, M., & Wirtz, J. (2021). Corporate digital responsibility. Journal of Business Research, 122, 875-888.
Malik, A., Sharma, S., Batra, I., Sharma, C., Kaswan, M. S., & Garza-Reyes, J. A. (2024). Industrial revolution and environmental sustainability: an analytical interpretation of research constituents in Industry 4.0. International Journal of Lean Six Sigma, 15(1), 22-49.
Margherita, E. G., & Braccini, A. M. (2023). Industry 4.0 technologies in flexible manufacturing for sustainable organizational value: reflections from a multiple case study of Italian manufacturers. Information Systems Frontiers, 25(3), 995-1016.
Margherita, E. G., & Braccini, A. M. (2024). The impact of Industry 4.0 technologies and the soft side of TQM on organisational performance: a multiple case study analysis on manufacturing organisations. The TQM Journal, 36(3), 812-831.
Martinez, R. (2018). Artificial intelligence: Distinguishing between types & definitions. Nev. LJ, 19, 1015.
Meshack, A., Orji, M. G., Aggreh, M. S. & Nworie, G. O. (2022). Achieving Sustainable Development Agenda of 2030: The Role of Accountants. Britain International of Humanities and Social Sciences (BIoHS) Journal, 4(3), 543-556. DOI: 10.33258/biohs.v4i3.788
Mu, X., & Antwi-Afari, M. F. (2024). The applications of Internet of Things (IoT) in industrial management: a science mapping review. International Journal of Production Research, 62(5), 1928-1952.
Narkhede, G., Mahajan, S., Narkhede, R., & Chaudhari, T. (2024). Significance of Industry 4.0 technologies in major work functions of manufacturing for sustainable development of small and medium‐sized enterprises. Business Strategy & Development, 7(1), e325.
Nworie, G. O. & Oguejiofor, B. C. (2023). Management Information System and Performance of Cement Firms in Southeast Nigeria. International Journal of Accounting and Management Information Systems, 1(1), 1–15. https://doi.org/10.35912/ijamis.v1i1.1366
Nworie, G. O., Okafor, T. G., Igwebuike, C. C. & Onyali, C. I. (2023). Utilizing Cost-Volume-Profit Analysis for Informed Decision Making in Small Business Management. Central Asian Journal of Innovations on Tourism Management and Finance, 4(2), 102-115. https://cajitmf.centralasianstudies.org/index.php/CAJITMF/article/view/429/451
Okafor, O. O., Nworie, G. O., & Onyebuchi, M. H. (2024). Assessing Financial Returns Through Environmental Responsibility Disclosure Among Listed Oil and Gas Firms in Nigeria. International Journal of Research Publication and Reviews, 5(4), 545-557. https://ijrpr.com/uploads/V5ISSUE4/IJRPR24579.pdf
Oláh, J., Aburumman, N., Popp, J., Khan, M. A., Haddad, H., & Kitukutha, N. (2020). Impact of Industry 4.0 on environmental sustainability. Sustainability, 12(11), 4674.
Palsodkar, M., Yadav, G., & Nagare, M. R. (2024). Integrating Industry 4.0 and agile new product development practices to evaluate the penetration of sustainable development goals in manufacturing industries. Journal of Engineering, Design and Technology, 22(4), 1351-1392.
Pandya, D., & Kumar, G. (2023). Applying Industry 4.0 technologies for the sustainability of small service enterprises. Service Business, 17(1), 37-59.
Pozzi, R., Rossi, T., & Secchi, R. (2023). Industry 4.0 technologies: critical success factors for implementation and improvements in manufacturing companies. Production Planning & Control, 34(2), 139-158.
Rahanu, H., Georgiadou, E., Siakas, K., Ross, M., & Berki, E. (2021). Ethical issues invoked by Industry 4.0. In Systems, Software and Services Process Improvement: 28th European Conference, EuroSPI 2021, Krems, Austria, September 1–3, 2021, Proceedings 28 (pp. 589-606). Springer International Publishing.
Satyro, W. C., de Almeida, C. M. V. B., Pinto Jr Jr, M. J. A., Contador, J. C., Giannetti, B. F., de Lima, A. F., & Fragomeni, M. A. (2022). Industry 4.0 implementation: The relevance of sustainability and the potential social impact in a developing country. Journal of Cleaner Production, 337, 130456.
Stefanini, R., & Vignali, G. (2024). The influence of Industry 4.0 enabling technologies on social, economic and environmental sustainability of the food sector. International Journal of Production Research, 62(10), 3800-3817.
Ukoh, U. M., Nduokafor, C. O. & Nworie, G. O. (2024). Sustainability Reporting among Oil and Gas Firms: a Strategic Tool for Enhanced Firm Value. International Journal of Economics and Financial Management, 9(2), 144-166. https://doi.org/10.56201/ijefm.v9.no2.2024.pg144.166
Wynn, M., & Jones, P. (2023). Corporate responsibility in the digital era. Information, 14(6), 324.
Yavuz, O., Uner, M. M., Okumus, F., & Karatepe, O. M. (2023). Industry 4.0 technologies, sustainable operations practices and their impacts on sustainable performance. Journal of Cleaner Production, 387, 135951.
Zhong, Y., & Moon, H. C. (2023). Investigating the impact of Industry 4.0 technology through a TOE-based innovation model. Systems, 11(6), 277.
AlZayani, F., Mohammed, A., & Shoaib, H. M. (2024). The impact of smart technologies on SMEs’ sustainability: the mediation effect of sustainability strategy. Competitiveness Review: An International Business Journal, 34(1), 28-50.
Angermann, N. P. (2023). The challenge of corporate digital responsibility: an analysis of key elements for CDR implementation (Doctoral dissertation).
Bai, C., Orzes, G., & Sarkis, J. (2022). Exploring the impact of Industry 4.0 technologies on social sustainability through a circular economy approach. Industrial Marketing Management, 101, 176-190.
Channi, H. K., & Kumar, R. (2024). Digital technologies for fostering sustainability in Industry 4.0. In Evolution and Trends of Sustainable Approaches (pp. 227-251). Elsevier.
Cheng, C., & Zhang, M. (2023). Conceptualizing corporate digital responsibility: a digital technology development perspective. Sustainability, 15(3), 2319.
Chung, K., Thaichon, P., & Quach, S. (2022). Types of artificial intelligence (AI) in marketing management. In Artificial intelligence for marketing management (pp. 29-40). Routledge.
Cordeiro, R. F., Reis, L. P., & Fernandes, J. M. (2024). A study on the barriers that impact the adoption of Industry 4.0 in the context of Brazilian companies. The TQM Journal, 36(1), 361-384.
Ferreira, J. J., Lopes, J. M., Gomes, S., & Rammal, H. G. (2023). Industry 4.0 implementation: Environmental and social sustainability in manufacturing multinational enterprises. Journal of Cleaner Production, 404, 136841.
Garg, D., Mustaqueem, O. A., & Kumar, R. (2021). Industry 4.0 technologies and ethical sustainability. In Advances in Industrial and Production Engineering: Select Proceedings of FLAME 2020 (pp. 189-199). Springer Singapore.
Hossain, M. I., Kumar, J., Islam, M. T., & Valeri, M. (2024). The interplay among paradoxical leadership, industry 4.0 technologies, organisational ambidexterity, strategic flexibility and corporate sustainable performance in manufacturing SMEs of Malaysia. European Business Review, 36(5), 639-669.
Javaid, M., Haleem, A., Singh, R. P., Suman, R., & Gonzalez, E. S. (2022). Understanding the adoption of Industry 4.0 technologies in improving environmental sustainability. Sustainable Operations and Computers, 3, 203-217.
Kamble, S. S., & Gunasekaran, A. (2023). Analysing the role of Industry 4.0 technologies and circular economy practices in improving sustainable performance in Indian manufacturing organisations. Production planning & control, 34(10), 887-901.
Khan, I. S., Ahmad, M. O., & Majava, J. (2023). Industry 4.0 innovations and their implications: An evaluation from sustainable development perspective. Journal of Cleaner Production, 405, 137006.
Kılıç, C., & Atilla, G. (2024). Industry 4.0 and sustainable business models: An intercontinental sample. Business Strategy and the Environment, 33(4), 3142-3166.
Kong, D., & Liu, B. (2023). Digital technology and corporate social responsibility: evidence from China. Emerging Markets Finance and Trade, 59(9), 2967-2993.
Kunz, W. H., & Wirtz, J. (2024). Corporate digital responsibility (CDR) in the age of AI: implications for interactive marketing. Journal of Research in Interactive Marketing, 18(1), 31-37.
Lobschat, L., Mueller, B., Eggers, F., Brandimarte, L., Diefenbach, S., Kroschke, M., & Wirtz, J. (2021). Corporate digital responsibility. Journal of Business Research, 122, 875-888.
Malik, A., Sharma, S., Batra, I., Sharma, C., Kaswan, M. S., & Garza-Reyes, J. A. (2024). Industrial revolution and environmental sustainability: an analytical interpretation of research constituents in Industry 4.0. International Journal of Lean Six Sigma, 15(1), 22-49.
Margherita, E. G., & Braccini, A. M. (2023). Industry 4.0 technologies in flexible manufacturing for sustainable organizational value: reflections from a multiple case study of Italian manufacturers. Information Systems Frontiers, 25(3), 995-1016.
Margherita, E. G., & Braccini, A. M. (2024). The impact of Industry 4.0 technologies and the soft side of TQM on organisational performance: a multiple case study analysis on manufacturing organisations. The TQM Journal, 36(3), 812-831.
Martinez, R. (2018). Artificial intelligence: Distinguishing between types & definitions. Nev. LJ, 19, 1015.
Meshack, A., Orji, M. G., Aggreh, M. S. & Nworie, G. O. (2022). Achieving Sustainable Development Agenda of 2030: The Role of Accountants. Britain International of Humanities and Social Sciences (BIoHS) Journal, 4(3), 543-556. DOI: 10.33258/biohs.v4i3.788
Mu, X., & Antwi-Afari, M. F. (2024). The applications of Internet of Things (IoT) in industrial management: a science mapping review. International Journal of Production Research, 62(5), 1928-1952.
Narkhede, G., Mahajan, S., Narkhede, R., & Chaudhari, T. (2024). Significance of Industry 4.0 technologies in major work functions of manufacturing for sustainable development of small and medium‐sized enterprises. Business Strategy & Development, 7(1), e325.
Nworie, G. O. & Oguejiofor, B. C. (2023). Management Information System and Performance of Cement Firms in Southeast Nigeria. International Journal of Accounting and Management Information Systems, 1(1), 1–15. https://doi.org/10.35912/ijamis.v1i1.1366
Nworie, G. O., Okafor, T. G., Igwebuike, C. C. & Onyali, C. I. (2023). Utilizing Cost-Volume-Profit Analysis for Informed Decision Making in Small Business Management. Central Asian Journal of Innovations on Tourism Management and Finance, 4(2), 102-115. https://cajitmf.centralasianstudies.org/index.php/CAJITMF/article/view/429/451
Okafor, O. O., Nworie, G. O., & Onyebuchi, M. H. (2024). Assessing Financial Returns Through Environmental Responsibility Disclosure Among Listed Oil and Gas Firms in Nigeria. International Journal of Research Publication and Reviews, 5(4), 545-557. https://ijrpr.com/uploads/V5ISSUE4/IJRPR24579.pdf
Oláh, J., Aburumman, N., Popp, J., Khan, M. A., Haddad, H., & Kitukutha, N. (2020). Impact of Industry 4.0 on environmental sustainability. Sustainability, 12(11), 4674.
Palsodkar, M., Yadav, G., & Nagare, M. R. (2024). Integrating Industry 4.0 and agile new product development practices to evaluate the penetration of sustainable development goals in manufacturing industries. Journal of Engineering, Design and Technology, 22(4), 1351-1392.
Pandya, D., & Kumar, G. (2023). Applying Industry 4.0 technologies for the sustainability of small service enterprises. Service Business, 17(1), 37-59.
Pozzi, R., Rossi, T., & Secchi, R. (2023). Industry 4.0 technologies: critical success factors for implementation and improvements in manufacturing companies. Production Planning & Control, 34(2), 139-158.
Rahanu, H., Georgiadou, E., Siakas, K., Ross, M., & Berki, E. (2021). Ethical issues invoked by Industry 4.0. In Systems, Software and Services Process Improvement: 28th European Conference, EuroSPI 2021, Krems, Austria, September 1–3, 2021, Proceedings 28 (pp. 589-606). Springer International Publishing.
Satyro, W. C., de Almeida, C. M. V. B., Pinto Jr Jr, M. J. A., Contador, J. C., Giannetti, B. F., de Lima, A. F., & Fragomeni, M. A. (2022). Industry 4.0 implementation: The relevance of sustainability and the potential social impact in a developing country. Journal of Cleaner Production, 337, 130456.
Stefanini, R., & Vignali, G. (2024). The influence of Industry 4.0 enabling technologies on social, economic and environmental sustainability of the food sector. International Journal of Production Research, 62(10), 3800-3817.
Ukoh, U. M., Nduokafor, C. O. & Nworie, G. O. (2024). Sustainability Reporting among Oil and Gas Firms: a Strategic Tool for Enhanced Firm Value. International Journal of Economics and Financial Management, 9(2), 144-166. https://doi.org/10.56201/ijefm.v9.no2.2024.pg144.166
Wynn, M., & Jones, P. (2023). Corporate responsibility in the digital era. Information, 14(6), 324.
Yavuz, O., Uner, M. M., Okumus, F., & Karatepe, O. M. (2023). Industry 4.0 technologies, sustainable operations practices and their impacts on sustainable performance. Journal of Cleaner Production, 387, 135951.
Zhong, Y., & Moon, H. C. (2023). Investigating the impact of Industry 4.0 technology through a TOE-based innovation model. Systems, 11(6), 277.
Published
2024-07-22
How to Cite
Mmadubuobi, L. C., Nworie, G. O., & Aziekwe, O. P. (2024). Industry 4.0 and Corporate Technological Responsibility of Manufacturing Firms in Nigeria. Central Asian Journal of Innovations on Tourism Management and Finance, 5(4), 67-80. https://doi.org/10.51699/cajitmf.v5i4.711
Section
Articles
In submitting the manuscript to the Central Asian Journal of Innovations on Tourism Management and Finance, the authors certify that:
- They are authorized by their co-authors to enter into these arrangements.
- The work described has not been formally published before, except in the form of an abstract or as part of a published lecture, review, thesis, or overlay journal.
- That it is not under consideration for publication elsewhere,
- The publication has been approved by the author(s) and by responsible authorities – tacitly or explicitly – of the institutes where the work has been carried out.
- They secure the right to reproduce any material that has already been published or copyrighted elsewhere.
- They agree to the following license and copyright agreement.
License and Copyright Agreement
Authors who publish with Central Asian Journal of Innovations on Tourism Management and Finance agree to the following terms:
- Authors retain copyright and grant the Central Asian Journal of Innovations on Tourism Management and Finance right of first publication with the work simultaneously licensed under Creative Commons Attribution License (CC BY 4.0) that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors can enter into separate, additional contractual arrangements for the non-exclusive distribution of the Central Asian Journal of Innovations on Tourism Management and Finance published version of the work (e.g., post it to an institutional repository or edit it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
