Title: Industry 4.0 as the vector of industrial development in emerging economies in the age of intellectual machines: a financial aspect

Authors: Vladimir S. Osipov; Galina N. Semenova; Gyulnara A. Adamova; Lidiya B. Larina

Addresses: Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs Russian Federation, Moscow, Russia ' Plekhanov Russian University of Economics, 36 Stremyany Ln., Moscow; Moscow Region State University, 10A Radio St., Moscow, 105005, Russia ' State University of Management, 99 Ryazan Ave., Moscow, 109542, Russia ' Gubkin Russian State University of Oil and Gas (National Research University), 65 Lenin Ave., Moscow, 119991, Russia

Abstract: The purpose of this paper is to study a financial aspect of the progress of Industry 4.0 as the vector of industrial development in emerging economies in the age of intellectual machines and to develop recommendations for conducting economic policy of managing this process. Originality and uniqueness of this research consist in consideration and determination of the specifics of emerging economies' experience; deep research of the financial aspect of the progress of Industry 4.0 as the vector of industrial development in emerging economies in the age of intellectual machines with application of mathematical tools, in view of insufficient elaboration of this aspect in the existing literature, where it is studied only qualitatively (not quantitatively) together with other aspects; in systemic study of the factors and advantages of the progress of Industry 4.0 as the vector of industrial development in emerging economies in the age of intellectual machines.

Keywords: economic policy; Industry 4.0; industrial development; financial management; intellectual machines; emerging economies.

DOI: 10.1504/IJEPEE.2024.139076

International Journal of Economic Policy in Emerging Economies, 2024 Vol.19 No.3/4, pp.381 - 392

Received: 25 Sep 2020
Accepted: 14 Jan 2021
Published online: 12 Jun 2024 *

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