#4779. Venture capital and Industry 4.0: The G7s versus BRICS experience

July 2026publication date
Proposal available till 26-05-2025
4 total number of authors per manuscript0 $

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Journal’s subject area:
Political Science and International Relations;
Geography, Planning and Development;
Business and International Management;
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Abstract:
This article aims to set a framework on how venture capital could contribute comprehensively to supporting sustainable development goals employing Industry 4.0s digital entrepreneurship, filling a gap in the existing literature concerning the role of venture capital in Industry 4.0. This article advances a new venture capital model, which might play a significant role in OECD countries in supporting investment and innovative projects and allow for creative activity and high-powered global competitiveness. The economic model here has shown that an increase of the share of venture capital in the structure of GDP by 1% leads to the growth of digital competitiveness by 60.0698 points and the development of global competitiveness by 2.3831 points. As per the articles findings, we should give venture capital a new role in supporting innovative projects, a digital modernization of entrepreneurship, and global competitiveness.
Keywords:
G7; Industry 4.0; OECD; venture capital

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