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The Concurrent Journey of Sustainable Development Goals (SDGs) and Fourth Industrial Revolution (4IR): Paradoxical or Parallel?


Affiliations
1 Department of Business Administration, Stamford University Bangladesh, Dhaka-1217, Bangladesh
2 Lecturer, Department of Business Administration, Bangladesh Army University of Science and Technology, Saidpur- 5311,, Bangladesh
3 Lecturer, Department of Accounting and Information Systems, Comilla University, Cumilla – 3506, Bangladesh
 

The notion of Fourth Industrial Revulution(4IR) and Sustainable Development Goals (SDGs) are concurrent. Both are global issue which are equally important to each and evry country and interconnected in many ways. This study is qualitative and performed both content and contextual analysis (Silverman, 1993) to address how the 4IR could contribute and/or restrain to achieve the SDGs, particularly in Bangladesh. The papers were first sorted and further scrutinized to identify the links between 4IR and the SDGs. That Paper revealed that 4IR is a great enabler to achieve SDGs, outweighing the negatives of 4IR. Further research could quantitatively address the nexus between SDGs and 4IR further to draw specific research implications. It is also suggested to consider a particular country and/or industry for looking closely. Hopefully, the study will be proven useful for decision-makers of businesses and governments to understand and adopt the right strategies to attain SDGs and exploit 4IR.


Keywords

Industry 4.0, Sustainable Development Goals, Sustainability, 4IR, SDGs

JEL classification: O14, O33

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  • The Concurrent Journey of Sustainable Development Goals (SDGs) and Fourth Industrial Revolution (4IR): Paradoxical or Parallel?

Abstract Views: 214  |  PDF Views: 95

Authors

Mohammad Fakhrul Islam
Department of Business Administration, Stamford University Bangladesh, Dhaka-1217, Bangladesh
Md. Rabiul Awal
Lecturer, Department of Business Administration, Bangladesh Army University of Science and Technology, Saidpur- 5311,, Bangladesh
Rabaya Zaman
Lecturer, Department of Accounting and Information Systems, Comilla University, Cumilla – 3506, Bangladesh

Abstract


The notion of Fourth Industrial Revulution(4IR) and Sustainable Development Goals (SDGs) are concurrent. Both are global issue which are equally important to each and evry country and interconnected in many ways. This study is qualitative and performed both content and contextual analysis (Silverman, 1993) to address how the 4IR could contribute and/or restrain to achieve the SDGs, particularly in Bangladesh. The papers were first sorted and further scrutinized to identify the links between 4IR and the SDGs. That Paper revealed that 4IR is a great enabler to achieve SDGs, outweighing the negatives of 4IR. Further research could quantitatively address the nexus between SDGs and 4IR further to draw specific research implications. It is also suggested to consider a particular country and/or industry for looking closely. Hopefully, the study will be proven useful for decision-makers of businesses and governments to understand and adopt the right strategies to attain SDGs and exploit 4IR.


Keywords


Industry 4.0, Sustainable Development Goals, Sustainability, 4IR, SDGs

JEL classification: O14, O33




DOI: https://doi.org/10.18311/sdmimd%2F2022%2F29193