Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/232222 
Year of Publication: 
2020
Series/Report no.: 
Research Paper No. 102
Publisher: 
South Centre, Geneva
Abstract: 
Technological advancements and the amalgamation of several fields, including Advanced Robotics, Artificial Intelligence (AI), Big Data Analytics, Cyber Security, Cloud Computing, and Internet of Things (IoT) have brought the world on the cusp of a Fourth Industrial Revolution (FIR). This industrial revolution has the potential to sky rocket economic growth or on the other hand, cause countries to lag behind in terms of economic development if the potential of FIR is not exploited. A number of developed countries such as Germany, the UK and USA have put in place public policies that focus on implementing FIR in their respective countries. It is critical that developing countries also take steps to adapt FIR in order to take advantage of it as well as not be adversely affected by these technologies if not adopted. There are a number of reasons why developing countries are not able to fully implement FIR technologies such as lack of commitment, infrastructure and lack of skilled workers. The objective of this study is to identify the challenges and issues faced by the developing countries in the implementation of the FIR. This study proposes a strategic framework: “Centre for the Fourth Industrial Revolution (CFIR)” for developing countries in order to face the challenges of FIR. Consequently, CFIR will work on establishing research labs for capacity building through collaboration and establishing technology-based incubation centers. CFIR will bring together an international network of governments, leading companies, civil society and experts to co-design and pilot innovative policy and governance frameworks.
Subjects: 
Additive Manufacturing (3D Printing)
Africa
Augmented Reality
Bangladesh
Big Data
Capacity Building
Centre for the Fourth Industrial Revolution (CFIR)
Cloud Computing
Commission on Science and Technology for Sustainable Development in the South (COMSATS)
Cyber Physical Systems
Cyber Security
Digital Technologies
Fourth Industrial Revolution
Ghana
Google
Horizontal/Vertical Integration
Industry 4.0
Innovation
Internet
Internet of Things (IoT)
Pakistan
Robotics
Science and Technology (S&T)
Smart Factory
Sustainable Development
Technology Transfer
Document Type: 
Research Report
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