Mathematics (Feb 2023)
A Mathematical Analysis of 4IR Innovation Barriers in Developmental Social Work—A Structural Equation Modeling Approach
Abstract
The fourth industrial revolution (4IR) era also known as digital age is central to the advancement of the construction industry as the industry is currently facing a myriad of challenges, including poor productivity and project failure. Therefore, there is an urgent need for industry to adopt 4IR innovations to increase the building business’s performance. The study explored the relationship between the critical barriers to 4IR innovations to foster sustainable development. The study embraced a numerical exploration approach which employed a questionnaire to obtain information from building industry experts. The questionnaire data were used to classify the 4IR barriers into policy and structure, readiness, and acquisition, using Exploratory Factor Analysis (EFA). Likewise, a predictive model was developed using Structural Equation Modelling-Partial Least Square (SEM-PLS). It explained the relationship between the barrier categories and the barriers to 4IR innovation adoption for sustainable development. The results showed that policy and structure were critical components of 4IR adoption that the stakeholders of the construction industry must pay close attention to. The study also provided valuable areas for future research to enhance 4IR innovation adoption for sustainable development.
Keywords