Dinasti International Journal of Economics, Finance & Accounting (DIJEFA)
Vol. 6 No. 2 (2025): Dinasti International Journal of Economics, Finance & Accounting (May-June 2025

Navigating Industry 4.0: The Strategic Role of Dynamic Capabilities in Transforming Indonesian Manufacturing

Wahyudi, Novan (Unknown)
Arviansyah, Arviansyah (Unknown)



Article Info

Publish Date
23 May 2025

Abstract

Incorporating industry 4.0 technologies into manufacturing operations is hindered by significant organizational and managerial challenges. This research addresses the problem of insufficient organizational and managerial strategies in embracing industry 4.0 within Indonesian manufacturing companies. Utilizing a quantitative approach, data was collected through a survey distributed among Indonesian manufacturers. The collected data was analyzed using PLS-SEM to identify the critical factors influencing successful Industry 4.0 integration. The findings highlight the critical role of dynamic capabilities – sensing, seizing, and reconfiguring – in enhancing Industry 4.0 capabilities. By fostering these dynamic capabilities, companies can effectively integrate Industry 4.0 technologies, leading to increased competitiveness and operational efficiency within the Indonesian manufacturing sector. This study offers valuable insights for managers and policymakers as they navigate the challenges of Industry 4.0 and build a robust manufacturing ecosystem in Indonesia.

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Journal Info

Abbrev

DIJEFA

Publisher

Subject

Economics, Econometrics & Finance

Description

The author is invited to submit a paper for Dinasti International Journal of Economics, Finance & Accounting (DIJEFA). Topics related to this journal include but are not limited to: Accounting and financial reporting Audit Accounting management Taxation Corporate finance Personal finance Financial ...