Emerging New Technologies and Industrial Revolution

Rauno Rusko, Mika Kosonen

Research output: Chapter in Book/Report/Conference proceedingEntry for encyclopedia / dictionaryScientificpeer-review


The economic history is full of technical disruptive innovations, which have changed the markets and the ways of living and business. The innovations, starting from steam power, electricity, telegraphs, internal combustion engine, and continuing with mainframes, PCs, the internet, and mobile/social networking, have changed the business world. Still, new disruptive technologies are developing, and new innovations are emerging. This study maps the drivers of industrial revolution and considers the promising contemporary potentially disruptive innovations, such as blockchain technology and cybernetics. This article suggests the existence of two (or even more) industrial revolutions at the same time.
Original languageEnglish
Title of host publicationEncyclopedia of Data Science and Machine Learning
EditorsJohn Wang
PublisherIGI Global
ChapterIndustry 4.0
Number of pages21
ISBN (Electronic)9781799892212
ISBN (Print)9781799892205
Publication statusPublished - 23 Jan 2023
MoEC publication typeA3 Part of a book or another research book

Field of science

  • Business and management


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