Quality Management, Value Creation, and the Digital Economy

2 Advantages and Disadvantages of Industry 5.0 in the Twenty-First Century

Simona Bigerna, Silvia Micheli, and Paolo Polinori

DOI: 10.4324/9781003404682-2

2.1 Introduction

The new paradigm promoted by the European Commission is Industry 5.0, through which industrial activity that goes beyond technical and economic objectives such as productivity and efficiency is encouraged. Industry 5.0 also seeks to encourage other essential aspects for the future of the sector, such as human well-being, sustainability, and resilience. Industry 5.0 gives industry a fundamental role, capable of achieving social objectives that go toward the growth of sustainable economy and society. In this way, productive systems must take into account the limits of the ...