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2018 | 1/2018 (72), t.1 | 89-102

Article title

Rola rynków kapitałowych w stymulowaniu czwartej rewolucji przemysłowej


Title variants

The Role of Capital Markets in Stimulating the Fourth Industrial Revolution

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The world is on the brink of the fourth industrial revolution. The scope and depth of changes comprised by this revolution call for an analysis of its financing model, covering financing of both complex transformation of manufacturing processes in so-called smart factories and the development of technological innovations necessary to build and run such factories. The present article analyzes relative advantages of the banking sector and capital markets as sources of finance for the fourth industrial revolution. It is found that capital markets have a distinct advantage over the banking sector in this context; nevertheless, they will have to face significant challenges.
Świat znajduje się na progu czwartej rewolucji przemysłowej. Zakres i głębokość zmian składających się na tę rewolucję czynią zasadnym analizę modelu jej finansowania, obejmującego finansowanie zarówno kompleksowych przekształceń procesów wytwórczych w tzw. inteligentnych fabrykach, jak i rozwoju potrzebnych do tego innowacji technologicznych. Przedmiotem pracy jest analiza względnych przewag sektora bankowego i rynków kapitałowych jako źródeł finansowania czwartej rewolucji przemysłowej. Z przeprowadzonych badań wyłania się obraz wyraźnej przewagi rynków kapitałowych, a także wyzwań, z jakimi będą musiały się zmierzyć.




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  • Instytut Nauk Ekonomicznych PAN


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