Analysis on Intelligent Manufacturing Transaction Cost in Manufactuing Industry

Yiye Zhang

Abstract

As Germany's Industry 4.0 program quickly swept the world, China also actively embraced the arrival of the new era. The State Council of China officially announced "Made in China 2025" as a Chinese version of Industry 4.0. This essay is based on the theory of transaction costs of new institutional economics. Through further clarifying the connotation of intelligent manufacturing in manufacturing industry, and using transaction cost theory to analyze the relationship between intelligent manufacturing and transaction costs, and finally proposing suggestions to accelerate intelligent manufacturing in manufacturing industry.

Download


Paper Citation


in Harvard Style

Zhang Y. (2018). Analysis on Intelligent Manufacturing Transaction Cost in Manufactuing Industry.In Proceedings of the 2nd International Conference on Intelligent Manufacturing and Materials - Volume 1: ICIMM, ISBN 978-989-758-345-2, pages 202-206. DOI: 10.5220/0007529002020206


in Bibtex Style

@conference{icimm18,
author={Yiye Zhang},
title={Analysis on Intelligent Manufacturing Transaction Cost in Manufactuing Industry},
booktitle={Proceedings of the 2nd International Conference on Intelligent Manufacturing and Materials - Volume 1: ICIMM,},
year={2018},
pages={202-206},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007529002020206},
isbn={978-989-758-345-2},
}


in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Conference on Intelligent Manufacturing and Materials - Volume 1: ICIMM,
TI - Analysis on Intelligent Manufacturing Transaction Cost in Manufactuing Industry
SN - 978-989-758-345-2
AU - Zhang Y.
PY - 2018
SP - 202
EP - 206
DO - 10.5220/0007529002020206