Technological Readiness and Innovation as Drivers for Logistics 4.0*
Moldabekova A. Philipp R. Satybaldin A.A. Prause G.
2021Korea Distribution Science Association (KODISA)
Journal of Asian Finance, Economics and Business
2021#8Issue 1145 - 156 pp.
The research purpose of this paper is to empirically examine the effects of technological readiness and innovation on logistics performance. To build up and maintain an important role in global supply chains, nowadays it is obvious that countries and logistics providers need to achieve competitive advantage in terms of digitalization. However, there is a lack of empirical studies about the impacts of information technologies and innovation potential on the logistics efficiency of countries. Hence, the study analyzes whether the corresponding pillars of the Global Competitiveness Index (GCI) matter for the Logistics Performance Index (LPI) and its dimensions. For determining the effects, the pooled regression approach is applied. The results show that technological readiness and innovation are positively and statistically significantly correlated with logistics performance: competence and quality of logistics services, efficiency of customs clearance processes, ability to track and trace consignments, frequency with which shipments reach consignee within scheduled or expected time, and ease of arranging competitively priced shipments. The findings of this study suggest that investments in innovations and technology progress improve countries’ logistics efficiency, which is an important prerequisite for enabling Logistics 4.0 and thus, Industry 4.0 and the digital transformation of the economy and society.
Digitalization , Industry 4.0 , Information Technologies , Innovation Potential , Logistics Performance
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Institute of Economics of the Ministry of Education and Science of the Republic of Kazakhstan, Al-Farabi Kazakh National University, Kurmangazy Street 29, Almaty, 050010, Kazakhstan
Department of Business Administration, School of Business and Governance, Tallinn University of Technology, Estonia
Wismar Business School, Hochschule Wismar, University of Applied Sciences: Technology, Business and Design, Germany
Institute of Economics of the Ministry Education and Science of the Republic of Kazakhstan, Al-Farabi Kazakh National University, Kazakhstan
Wismar Business School, Hochschule Wismar, University of Applied Sciences: Technology, Business and Design, Germany
Institute of Economics of the Ministry of Education and Science of the Republic of Kazakhstan
Department of Business Administration
Wismar Business School
Institute of Economics of the Ministry Education and Science of the Republic of Kazakhstan
Wismar Business School
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