ISSN (print) - 0131-7652

ISSN (online) - 2686-7605

Vol. 55 No. 4 (2025)
DEBATES

Value-based Initiative and Industry 5.0 Marketplace within the Framework of the Fourth Industrial Revolution

Requires Subscription or Fee PDF (Русский) (RUB 100)
  • I.A. Naugolnova,
  • M.A. Izmaylova
I.A. Naugolnova
Samara State University of Economics
M.A. Izmaylova
Financial University under the Government of the Russian Federation
DOI: https://doi.org/10.30680/ECO0131-7652-2025-4-267-282

Published 2025-07-24

Keywords

  • Industry 5.0; Industry 4.0; industrial revolution; value-driven initiative; sustainable development; market assessment

How to Cite

1.
Naugolnova И, Izmaylova М. Value-based Initiative and Industry 5.0 Marketplace within the Framework of the Fourth Industrial Revolution. ECO [Internet]. 2025 Jul. 24 [cited 2025 Jul. 28];55(4):267-82. Available from: https://ecotrends.ru/index.php/eco/article/view/4893

Abstract

The paper considers the concept of Industry 5.0 in the framework of the Fourth Industrial Revolution (Industry 4.0). The main differences between these stages of industrial development are highlighted, and the answer to the question of whether Industry 5.0 is essentially a revolution or an evolutionary continuation of Industry 4.0 is suggested. A comparative analysis of the technological and value orientation of both concepts is carried out. The study identifies the main problems and develops an algorithm for estimating and segmenting the market volumes of Industry 4.0 and Industry 5.0. The authors substantiate their view that Industry 5.0 is not so much a technological leap as a value-oriented initiative that shifts the focus from automation and digitalization to sustainable development, in which the interests of society, economic, political and environmental aspects are closely intertwined. At the same time, policy acts as a connecting link that ensures synchronization of actions in all three areas – economy, ecology and society. Recommendations for the implementation of Industry 5.0 principles in the activities of industrial enterprises are given.
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