Supervisor

Neil Doyle

Programme

MA in International Business

Keywords

Financial Technology Adoption Risk, Organisational Risk, Emerging Markets

Abstract

This study examines the risks associated with the adoption of Industry 4.0 technologies in a precast concrete manufacturing firm in Mongolia, with particular focus on an emerging market context. Although Industry 4.0 technologies can improve productivity, efficiency, automation, and responsiveness to changing market conditions, their implementation can involve significant financial, operational, organisational, and market-related risks. These challenges may be particularly pronounced in emerging economies where limitations in infrastructure, regulatory frameworks, and skilled labour can affect technology adoption. Using a case study approach, the research identifies the key risks associated with technology adoption and examines how these risks interact during the implementation process. It also evaluates the effectiveness of the organisation’s risk management strategies in addressing these challenges. The study contributes to the existing literature by providing empirical insight into the interconnected nature of technology adoption risks within a Mongolian manufacturing context. The findings may also provide practical insights for organisations in emerging markets seeking to manage risks associated with the implementation of Industry 4.0 technologies.

Date of Award

2026

Full Publication Date

2026

Access Rights

open access

Document Type

Capstone Project

Resource Type

thesis

Digital Object Identifier (DOI)

https://doi.org/10.63227/652.299.168

Included in

Business Commons

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