Industry 4.0 and possible contribution to Turkey’s economy

Gulnur Ozdemir

Master's thesis

Abstract:

Industry 4.0 is the process of coordinating machinery, computers, sensors and all other production processes independent of humans and making them more efficient. The main point of Industry 4.0 is to disable most of the manpower in applications, to run processes autonomously, to increase the efficiency of systems and production systems developed through machine learning. In this new industrial process, information technologies and machines are used together. It is an inevitable result that the emergence of Industry 4.0 will have positive and negative effects on national economies. While the competition between countries will provide competitive advantage to some countries with Industry 4.0, some countries will lag behind in the competition. In this study, the effects of Industry 4.0 on the Turkish economy were examined. As a result of the study, although it is seen that Turkey has been developing in the last 10 years, it is seen that it has not covered enough distance when compared to other countries. In the study, a comparative analysis of Japan, China, Germany, Greece and Turkey was made and an empirical analysis was made with the data of these countries. In the empirical analysis, the Global Innovation Index, which is considered as the indicators of Industry 4.0, the number of patents of countries, the effect of High Technology Exports and R&D Expenditures on GDP growth rates were examined, although a long-term relationship was determined between these indicators, the causality relationship was only with the Global Innovation Index. It has been determined in the number of patents and the number of patents with the GDP Growth rate. It is evaluated that the findings do not yield fruitful results due to the fact that Industry 4.0 is not a very old concept yet and the data are scarce.

Keywords

Industry 4.0, Artficial Intelligence, Cloud Technology, Turkey, Development level of Industry

Language used: English

Date on which the thesis was submitted / produced: 31. 3. 2022

Thesis defence

• Supervisor: Ing. Pavel Kotyza, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Economics and Management / Economics and Management