Industry 5.0 as a human-centric direction for social and labor entities transformations

Technological changes that come with industrial revolution have largely affected businesses, as well as society. With the current technological shift and Fourth Industrial Revolution, many questions arise regarding the impacts and effects on current ways businesses operate. This study presents a retrospective analysis and overview of previous industrial revolutions. The aim of the retrospective analysis is to identify common characteristics that may lead to lessons learned for the forthcoming Fourth Industrial Revolution and thus complement the current debate on technological change. All previous industrial revolutions have led to change in business environments and new challenges for managers and owners. The findings show that all previous revolutions have led to increase in the number of service jobs created. The key approach of successful countries during the times of industrial revolution has included education as the source of new skills and knowledge necessary for adaption. Countries that were able to produce high skilled people could not only invent, but also adapt to new technologies sooner than others. Similarly, these approaches included introduction of new managerial practices in order to be able to utilize new technologies and new skilled workers effectively. The research article processes secondary data together with literature review on this topic.

The development and efficient functioning of entrepreneurship is the basis of a market economy, as well as the key to the country’s innovative socio-economic development and growing competitiveness on an international scale. The formation of a transparent and qualitative business climate is an incentive for the efficient entrepreneurship development. The paper is aimed at identifying structural-institutional transformations in the business environment and their impact on the development of small businesses. The analysis of socio-economic parameters of the business environment is based on the elasticity method and the system approach, which have been tested on the example of cities in the Western region of Ukraine. Outlining the features of setting up the business environment and its functioning has provided the grounds for detecting major problems hampering efficient business development. The comparative analysis has confirmed a close relationship between socio-economic transportation processes and conditions created for businesses. The evaluation of institutional environment has confirmed that cities striving to improve transparency in climate regulation and urban environment management achieve the growing investment activity and positive dynamics of small businesses development. The calculated elasticity coefficients prove that the growing investment activity positively impacts the number of small businesses and the volume of products sold by them. However, the expected growth in employment was not achieved due to the high level of shadow activity on the labor market and migration activity of the population.

The modern industrial revolutions have significantly influenced social and political landscapes, prompting critical inquiries into the security and integrity of socio-economic systems, particularly in the context of military confrontation. This paper investigates the role of disruptive technologies associated with Industries 3.0, 4.0, and 5.0 in safeguarding socio-economic systems amid the ongoing russian war against Ukraine. The paper highlights how modern technologies have bolstered system resilience and adaptability by examining progress in green energy, transport transition, and the development of digital infrastructure and services before the war. Green energy and transport technologies have been instrumental in decentralization, energy networking, compensating for energy losses, and mitigating disruptions caused by the war. The proliferation of electric vehicles and the expansion of charging infrastructure have significantly reduced the potential impact of aggression, facilitating evacuations and supporting essential services during fuel shortages. Digital technologies have played a crucial role in ensuring continued access to education, employment, and communication, thereby strengthening societal resilience and reinforcing human capital, a key factor in socio-economic system security. This marks a shift from a technocratic to a system-synergistic, human-centered security model, where human capital becomes a core determinant of resilience, and technologies evolve from mere tools into integral elements of a sustainable socio-economic structure. Nevertheless, challenges related to technological dependencies, such as supply chain vulnerabilities and cyber threats, require further investigation in future research.

Acknowledgments
The paper is prepared within the scientific research projects “Digital Transformations to Ensure Civil Protection and post-war Economic Recovery in the Face of Environmental and Social Challenges” (No. 0124U000549) and “Fundamental Grounds for Ukraine’s transition to a digital economy based on the implementation of Industries 3.0; 4.0; 5.0” (No. 0124U000576).