Leonid Hr. Melnyk
Preconditions for the Formation of the
(original language – Russian)

https://doi.org/10.21272/mer.2018.79.01
The article shows in popular form the cycle of events forming the preconditions for the creation of the "Internet of things" as a basic factor of the Fourth Industrial Revolution (Industry 4.0). The research analyzes with connection to periods of time realization of the twelve key cycles. A paticular focus is on role of economic factors. It is concluded that there is a need to move from a sesion of new development to sustainable management of a phase transition to a new social and economic formation.

Key words: "Internet of things", phase transition, cycle of events, sustainable management.

Placed in №1, 2018.

Affiliations: LEONID Hr. MELNYK, Dr. (Economics), Professor, Head of Department of Economics, Entrepreneurship and Business-Administration, Director of Research Institute for Development Economics (IDE) at Sumy State University, Ministry of Education and Science of Ukraine

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