A WORLD ECONOMIC FORUM PERSPECTIVE ON THE QUADRUPLE HELIX MODEL OF INNOVATION

The fourth industrial revolution is a relatively recent phenomenon, underpinned by multiple forces, and thus characterised by both innovation and complexity. Such characteristics bring into play several new concepts that affect societies, ecosystems, leadership, and management in different ways. The need for a model to explain the dynamics of the fourth industrial revolution seems evident from the scope, velocity, and speed of new technologies related to the fourth industrial revolution phenomenon. The quadruple helix model of innovation offers possibilities of bringing together the interplay of multiple concepts both to clarify and to simplify the primary dimensions of the fourth industrial revolution. This article examines these dimensions, and shows how the quadruple helix model potentially connects four movements: triple helix ecosystems, triple management theory, upscaling agility, and epochal society. To review the quadruple helix model, the study employs a three-phased strategy that combines secondary literature sources. This includes, as a prime focus, a perspective from the World Economic Forum as an expression of a prominent and expert view.