Business, Management and Accounting
3 years ago

Virtual manufacturing hinders technological innovation in traditional manufacturing, hindering progress.

2021 3rd International Conference on Artificial Intelligence and Advanced Manufacture
The Virtual Manufacturing of Traditional Manufacturing Industry and Enterprise Technological Innovation Capability
Zhaoxian Sun, Baozhong Wang

Paper Summary

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Traditional manufacturing industries need technological innovation to become smarter and more digital. Virtual manufacturing, supported by financial markets, is being used in the industry. A study looked at how virtual manufacturing affects companies' ability to innovate technologically. The results show that virtual manufacturing can actually hinder companies' innovation capabilities and may not help advanced manufacturing. This research adds to our understanding of manufacturing and can help companies improve their technological innovation abilities.