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Applied Management Research Unit

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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.

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Funders

Funding agency

Fundação para a Ciência e a Tecnologia

Funding programme

6817 - DCRRNI ID

Funding Award Number

UIDB/04752/2020

ID