Industry 4.0 to Industry 5.0: Exploring core challenges in emerging skills formations


This event is part of IN4ACT Webinar Series for researchers, organized by ERA Chair project Industry 4.0 impact on management practices and economics (IN4ACT). Presenter: Prof. Dr. Takis Damaskopoulos.

📆 Date: 24th of February 2023

⏰ Time: 12:00-1:00 PM (GMT+2)

📺 Location: Online, hosted on Zoom. Event access information will be provided all registered attendees 24 hours, and 1 hour, prior to the event start.



Takis Damaskopoulos

Prof. Dr. Panagiotis (Takis) Damaskopoulos is the Industry 4.0 ERA Chair holder at the School of Economics and Business at Kaunas University of Technology and the Executive Director and Head of Research of the European Institute of Interdisciplinary Research (EIIR) in Paris, France. His research, teaching and advisory activities concentrate on the economic, organizational, technological and policy/governance dynamics of innovation, and the evolution corporate, regional and state strategies of innovation, competitiveness and sustainable development within the broader context of the Fourth Industrial Revolution. He undertakes this work in collaboration with leading academic/research institutions, private business organizations, national and regional governments across the European Union (EU), and international organs such as the European Commission, the Organization for Economic Co-operation and Development (OECD), and the United Nations Development Program (UNDP).

Takis acts as principal researcher in several European Commission and EU national and cross-regional Research and Technology Development (RTD) projects that explore the changing systemic conditions underpinning processes of innovation and sustainable development, with special emphasis on global technology and business networks and the organizational transformations associated with Industry 4.0 and their economic, social and environmental implications across the EU. He is an expert evaluator of several research, technological and development priorities of the European Commission’s Framework Programs, such as the Horizon 2020. He also acts as a reviewer of large-scale international RTD projects in the domains of national and regional strategies of economic development, the international positioning of regions for the attraction of foreign investment and improvement of competitiveness, and the design and implementation of regional strategies of innovation for socially balanced and environmentally sustainable development.

During his career Takis has held course directorship and senior research positions at INSEAD (Fontainebleau, France), and York University (Toronto, Canada). His academic research and teaching activities cross the fields of international political economy, the design of business strategy, technology management with special emphasis on the application and economic implications of Artificial Intelligence, and emerging issues concerning governance systems of innovation and the design of research strategies. He has authored and co-authored advanced research in chapters in edited volumes and articles published by organizations such as The MIT Press, the European Management Journal, and the official publications of the European Commission, among others. His work has been widely discussed in forums such as the thematic expert groups of the European Commission, the World Bank Institute, the US Department of Commerce, the Science and Technology Commission of Shanghai, the Institute for Prospective Technology Studies (IPTS), and leading universities in the EU and North America. He holds a MA and a PhD in International Political Economy from York University, Toronto, Canada.


This webinar concentrates of the structural transformations associated with Industry 4.0, and more recently Industry 5.0, and their implications for strategies of skills formation.

Over the past decade one of the central concepts of industrial reorganization and technological intensification of production processes for sustained innovation in the EU has been Industry 4.0. The concept, broadly defined as a techno-economic paradigm, refers to the technological evolution from embedded systems to cyber-physical systems, a paradigm shift from centralized to decentralized production of goods and services. It involves the organization of production processes based on technology and devices autonomously communicating with each other along the value chain. Yet, the transformations associated with Industry 4.0 have multifaceted effects that extend far beyond technological change in the production process.

A transformed industry has a transformative impact on society, the composition of new critical skills, the energy systems and portfolios supporting social and productive activities, and environmental sustainability. These are the dominant themes of the concept of Industry 5.0, broadly defined as a socio-technical paradigm. Industry 5.0 signifies a growing recognition that social and environmental needs must be better integrated into technology and economic development. Given the complexity of the technologies and the scale of the challenges involved, the prospects of Industry 5.0 will largely depend on the adoption of a systemic approach involving all key stakeholders underpinned by new strategies of skills development – both at the level of work and that of civil society.



This event is part of a IN4ACT Webinar Series, organized by ERA Chair project “Industry 4.0 impact on management practices and economics” (IN4ACT). Find out more about upcoming webinars HERE.

The events will be hosted on Zoom.

For inquires about this event, please contact:

February 24 d., 2023 12:00 - 13:00


Įtraukti į iCal
Suggest an Event