Making Industry 5.0 happen: concept, policy and practice

Funded by the EU's Horizon 2020 programme, Beyond 4.0 examines the impact of new digital technologies on the future of jobs, business models and welfare in the European Union (EU). This policy briefing discusses how the policy push for a new Industry 5.0 can be realised. It first outlines Industry 4.0 and its limitations. It then describes Industry 5.0 and, learning the lessons from the experience of Industry 4.0, outlines what is required to make Industry 5.0 happen. In respect of this last aim, the briefing makes a number of recommendations about Industry 5.0 as concept, policy and practice: (1) provide conceptual refinement and develop Industry 5.0 indicators and measurement; (2) plug the data deficit to enable evaluation of Industry 5.0; (3) develop a business case to help persuade companies of the benefits of Industry 5.0; (4) monitor progress on the adoption of Industry 5.0 and provide support when needed; and (5) ensure that Industry 5.0 is integrated into other social, economic and political EU policy.

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