Open AccessTHE ROLE OF INDUSTRY 4.0 TECHNOLOGIES IN DETERMINING THE TRIPLE BOTTOM LINE SUSTAINABILITY-A FRAMEWORK FOR MALAYSIAN SMES
Author(s) -
Sreenivasan Jayashree,
C. A. Malarvizhi,
Mohammad Nurul Hassan Reza
Publication year - 2020
Publication title -
asia proceedings of social sciences
Language(s) - English
Resource type - Journals
eISSN - 2663-6638
pISSN - 2663-662X
DOI - 10.31580/apss.v6i3.1662
Subject(s) - triple bottom line , sustainability , structural equation modeling , business , relation (database) , industry 4.0 , industrial organization , marketing , computer science , ecology , data mining , machine learning , biology
This study contributes to the current literature by analyzing the role of Industry 4.0 technologies on its effective implementation towards achieving Triple Bottom Line (TBL) sustainability. Several hypotheses are presented to evaluate the relationship, considering the role of Industry 4.0 technologies that may be played to determine TBL sustainability and effective implementation of Industry 4.0 as a mediating variable. Because there has been little focus on financial, ecological and societal sustainability and the role of Industry 4.0 technology on these dimensions in the current literature, this study aims to analyze the connection among the variables in relation to Malaysian SMEs. The statistical analysis will be performed through the employment of the Structural Equation Modeling (SEM).