ABSTRACT. I develop a conceptual framework based on a systematic and comprehensive literature review on cyber-physical production networks, Internet of Things-enabled sustainability, and smart factory performance in Industry 4.0-based manufacturing systems. Building my argument by drawing on data collected from Algorithmia, BDV, Capgemini, Eclipse Foundation, Management Events, and PwC, I performed analyses and made estimates regarding intelligent autonomous manufacturing systems. The data for this research were gathered via an online survey questionnaire. Descriptive statistics of compiled data from the completed surveys were calculated when appropriate.
JEL codes: E24; J21; J54; J64

Keywords: Industry 4.0-based manufacturing system; Internet of Things; sustainability

How to cite: Hawkins, M. (2021). “Cyber-Physical Production Networks, Internet of Things-enabled Sustainability, and Smart Factory Performance in Industry 4.0-based Manufacturing Systems,” Economics, Management, and Financial Markets 16(2): 73–83. doi: 10.22381/emfm16220214.

Received 19 January 2021 • Received in revised form 15 June 2021
Accepted 18 June 2021 • Available online 25 June 2021