1st Edition

Innovation in the Digital Economy New Approaches to Management for Industry 5.0

Edited By Agnieszka Rzepka Copyright 2023
    276 Pages 59 B/W Illustrations
    by Routledge

    The rapidly changing world requires constant revisions and adaptations to existing business strategies and models. The emerging industry 5.0 reality is forcing companies to transition to a more sustainable, human-centric, and resilient industry through innovation. This book presents concrete business models and practical frameworks to assist managers in developing and implementing innovative and robust businesses, both globally and locally.

    This edited collection compiles an experienced team of contributing authors with diverse academic backgrounds who cover a range of topics on different aspects of innovation, from exploring the challenges associated with industry 5.0 to incorporating artificial intelligence in modeling consumer behavior. Based on the experiences and challenges posed by recent economic developments and recovery from the COVID-19 pandemic, the book offers the reader a chance to read case studies from global companies that have successfully implemented new innovations. Thanks to a rigorous research methodology in accordance with principles and standards recognized by the DAC Network, the book provides an actionable road map on how to change one’s innovation strategy techniques in light of changing business conditions.

    Innovation in the Digital Economy will be of direct interest to scholars and subject matter experts in the field of innovation management. Business leaders and reflective practitioners will find the content relevant and accessible.

    Chapter 1

    Boundaries of the social and the planetary: new approaches to management in the 21st Century

    Agnieszka Rzepka, Ryszard Borowiecki, Zbigniew Olesiński

    Chapter 2

    Innovation management in SMEs in CEE countries

    Łukasz Skowron, Joanna Dzieńdziora, Małgorzata Smolarek, Leszek Zelek, Dawid Żebrak

    Chapter 3

    Open innovation and virtualization

    Magdalena Czerwińska, Tomasz Kusio, Ryszard Borowiecki

    Chapter 4

    Industry 5.0: new approaches to innovation in the industry

    Jakub Pizoń, Monika Kulisz

    Chapter 5

    Industry 5.0 - a new reality, new challenges

    Magdalena Maciaszczyk, Zbigniew Makieła, Radosław Miśkiewicz

    Chapter 6

    The concept of inclusion and diversity as an accelerator for building Society 5.0. and creating a managed organization in the 5.0 era

    Elwira Gross-Gołacka, Teresa Kupczyk, Agnieszka Rzepka, Małgorzata Smolarek, Katarzyna Szczepańska-Woszczyna

    Chapter 7

    Cyber-physical platforms for monitoring and controlling industrial processes

    Krzysztof Król, Tomasz Rymarczyk, Joanna Wyrwisz

    Chapter 8

    Controlling supply chains for real-time product identification and personalization

    Sylwester Bogacki, Łukasz Gołąbek, Michał Maj, Damian Pliszczuk, Magdalena Rzemieniak

    Chapter 9

    Supporting modeling and optimization of business processes and consumer behavior by analyzing multi-source data using artificial intelligence methods

    Przemysław Adamkiewicz, Tomasz Cieplak, Paweł Rymarczyk, Sylwia Skrzypek-Ahmed, Stanisław Skowron

    Chapter 10

    Importance of human capital management in health care institutions

    Artur Paździor

    Chapter 11

    Innovations in management education about sustainable development in Industry 5.0

    Barbara Mazur, Anna Walczyna


    Chapter 12

    Integration of intellectual capital, sustainable development, and Business 5.0

    Agnieszka Rzepka, Elwira Gross-Gołacka, Teresa Kupczyk, Barbara Siuta-Tokarska, Joanna Dzieńdziora

    Chapter 13

    Developing economic activity zones: A case study of Cracow

    Magadalena Rzemieniak, Zbigniew Makieła, Janusz Michałek, Radosław Miśkiewicz

    Chapter 14

    Business Productivity Assessment: Concepts and Methods

    Jakub Bis, Borys Burkynskyi, Aleksander Prokopiuk, Valeriy Goryachuk, Oleksandr Laiko

    Chapter 15

    Theoretical and practical aspects of entrepreneurship: a case study of Poland

    Jacek Witkowski, Barbara Siuta-Tokarska, Agnieszka Thier, Zdzisława Dacko-Pikiewicz

    Chapter 16

    Innovation in neuromarketing and social media marketing

    Agnieszka Bojanowska, Monika Kulisz

    Chapter 17

    Moving towards Communication 5.0 in Polish business clusters

    Barbara Szymoniuk

    Chapter 18

    Using start-up ecosystems as accelerators of innovation

    Jakub Bis, Anna Żelazna, Matylda Bojar, Ewa Bojar, Adam Kiersztyn

    Chapter 19

    Evolution of motivations and risks associated with IT outsourcing in large organizations in Poland

    Joanna Słoniec


    Agnieszka Rzepka is a Professor at Lublin University of Technology in the Faculty of Management in the Department of Economics and Economic Management. She specializes in inter-organizational management, intellectual capital, self-management, and SMEs. Her current research is focused on teal organizations. In addition to 140 papers, she has written 7 proprietary and collective monographs such as Inter-organizational Relations and Intellectual Capital as Factors for the Development of Micro and Small Enterprises: A Study of Polish and Georgian Enterprises (Difin, 2018) She is also the co-author of Self-Management, Entrepreneurial Culture, and Economy 4.0: A Contemporary Approach to Organizational Theory Development (Routledge, 2022) and Inter-organizational Management in Agile Enterprises (Texter, 2017).