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Research Project
Applied Management Research Unit
Funder
Authors
Publications
Mapping Industry 4.0 in the Portuguese Industry
Publication . Ferreira, Rui; Fonseca, Luís; Pereira, Maria Teresa Ribeiro; Ferreira, Fernanda A.
With Industry 4.0 and digital transformation, organisations have undergone enormous
changes in business models, engineering, manufacturing, processes, and technologies.
Hence, the need to investigate the status of its current knowledge and maturity. This
research, supported by a survey for data collection (fifty valid responses), aims to analyse
the knowledge and maturity (on a five-scale level) of Industry 4.0 in Portugal from the
perspective of industrial companies. The conclusions highlight that the Portuguese
organisations will have to adapt to the impact of Industry 4.0 on how their business is
being developed and encompass the digitisation with new technologies. Unfortunately,
adopting the concepts and methodologies inherent to Industry 4.0 is still incipient in
Portugal, suggesting a possible lack of knowledge and poor leadership. Companies need to
strategically change towards business models that are more flexible to the potential of
technology and have a closer relationship with customers, ensuring increased operational
autonomy and repositioning products and services. Having a team dedicated to digitisation
increases the Industry 4.0 maturity level. Companies with a maturity Medium/High level of
Products and Innovations have a higher level of perception based on their capacity for
innovation, supported by new digital models and tools. Concerning Human Resources, the
digitisation of knowledge management means and the promotion of new ideas for digital
transformation increases its I4.0 maturity level. This study contributes to the start of the art
of Industry 4.0 in Portuguese companies, mapping its present status, and providing insights
for its future enhanced adoption.
Sequential move model for quantity and quality competition in the restaurant industry
Publication . Ferreira, Flávio; Koerich, Guilherme
This paper examines a competition in both quality and quantity between two asymmetric restaurants. The model that we consider is a Stackelberg duopoly on quantities (sequential decision-making), after a simultaneous choice of quality. Our findings indicate that the restaurant with the best reputation provides a greater variety of higher-quality food compared to its competitor. We also examine how variations in restaurants’ reputations impact market equilibrium outcomes. We demonstrate that an increase in the reputation gap between restaurants boosts the profits of both estab lishments, enhances consumer surplus, and improves social welfare. Additionally, in comparison to the scenario under the Cournot model (simultaneous decision making), small restaurant’s profits are lower under Stackelberg model, while the opposite holds for the large restaurant’s profits and for social welfare.
Organizational Units
Description
Keywords
Contributors
Funders
Funding agency
Fundação para a Ciência e a Tecnologia
Funding programme
6817 - DCRRNI ID
Funding Award Number
UIDB/04752/2020