TY - JOUR T1 - The Fourth Industrial Revolution (Industry 4.0): A Social Innovation Perspective JF - Technology Innovation Management Review Y1 - 2017 A1 - Rabeh Morrar A1 - Husam Arman A1 - Saeed Mousa KW - fourth industrial revolution KW - Industry 4.0 KW - Internet of Things KW - social innovation AB - The rapid pace of technological developments played a key role in the previous industrial revolutions. However, the fourth industrial revolution (Industry 4.0) and its embedded technology diffusion progress is expected to grow exponentially in terms of technical change and socioeconomic impact. Therefore, coping with such transformation require a holistic approach that encompasses innovative and sustainable system solutions and not just technological ones. In this article, we propose a framework that can facilitate the interaction between technological and social innovation to continuously come up with proactive, and hence timely, sustainable strategies. These strategies can leverage economic rewards, enrich society at large, and protect the environment. The new forthcoming opportunities that will be generated through the next industrial wave are gigantic at all levels. However, the readiness for such revolutionary conversion require coupling the forces of technological innovation and social innovation under the sustainability umbrella. PB - Talent First Network CY - Ottawa VL - 7 UR - http://timreview.ca/article/1117 IS - 11 U1 - An-Najah National University Rabeh Morrar is an Assistant Professor in Innovation Economics and Head of the Department of Economics at An-Najah National University in Nablus, Palestine. He received and PhD degree in Innovation Economy from Lille 1 University for Science and Technology, Lille, France. His current research interests include innovation networks, the knowledge-based economy, economic development in developing countries, the labour economy, and the service economy. Dr. Rabeh is a Fellow of the Economic Research Forum (ERF), the Turkish Economic Research Forum, the American Economic Association (AEA), the Middle East Economic Association (MEEA), and the European Association for Research in Services (RESER). He is a member of the Advisory Committee of Economic Statistics, the Palestinian Central Bureau of Statistics (PCBS), the Palestinian National Committee of Trade in Services, the National Team for Developing National Export Strategy, the Business Innovation and Partnership Centre in Palestine, the ESCWA Team for ICT and Innovation, and the National Team for Public Procurement Capacity Building Strategy. Rabeh has published more than 15 scientific papers, reports, and policy papers in different disciplines related to innovation economics, Palestinian economics, trade, and the service economy. U2 - Kuwait Institute for Scientific Research Husam Arman is an Associate Research Specialist at the Kuwait Institute for Scientific Research. Dr. Arman is currently engaged in work related to competitiveness and innovation and SME development. He studies and works in the leading edge subjects of strategic technological innovation and R&D management. During his Research Fellow posting and PhD studies at The University of Nottingham, United Kingdom, he developed methodologies to optimize technology investments strategies within large firms such as Rolls-Royce. He has worked for more than five years in universities in teaching and research. His work has appeared in the International Journal of Innovation and Technology Management, R&D Management Journal, the International Journal of Industrial and Systems Engineering, the International Journal of Technology Intelligence, and Clean Technologies and Environmental Policy, and he has presented at conferences such as PICMET and IAMOT. U3 - Palestinian Technical University Kadoorie Saeed Mousa is a Lecturer in Innovation and Entrepreneurship at the Palestinian Technical University Kadoorie (PTUK), where he teaches Innovation, Technology and business related courses. In addition, is Head of the Studies & Development Division at PTUK, where he conducts research regarding improving the university, such as strategic and implementation planning through preparing and submitting development proposals, as he is responsible for developing and driving innovation roadmap through encouraging creativity in R&D team. He holds a master’s degree in Innovation Economics from Friedrich Schiller University in Germany. Saeed’s current research interests span a wide range of topics regarding innovation, such as social innovation, technology innovation, and non-technical innovation. ER -