Exploring the transition from techno centric industry 4.0 towards value centric industry 5.0: a systematic literature review

This systematic literature review synthesises the literature on human centric IN 4.0 and IN 5.0 while exploring driving forces behind the transition from technocentric IN 4.0 to value centric IN 5.0 using the principles of the multiple level perspective (MLP). Works that discuss contextual, regime and niche level factors which impact on the transition were explored. The Covid- 19 pandemic and Climate change are identified as key contextual, 'Landscape', factors impacting the transition while Trust, Mass personalisation and Autonomy are highlighted as key Regime factors. In terms of Niche innovations, Advanced Extended reality technologies, Cobots/ Advanced Robotics, and Advanced AI are often connected with landscape or regime issues. Drawing on MLP theory, the study demonstrates that the transition from IN 4.0 towards IN 5.0 is occurring through a reconfiguration pattern. The paper further emphasises aspects that both practitioners and academics need to be cognisant of in order to affect a transition from IN 4.0 to IN 5.0.