Higher Education Institutions Orientation towards Industry 5.0

Abstract

It is known that Industry 5.0 can impact organizational performance improvements. Unlike Industry 4.0, which focuses on technologies and technological advancements, Industry 5.0 moves forward by prioritizing societal sustainability. Higher Education Institutions significantly contribute to societal sustainability as they represent the foundation of every society’s development. Higher Education Institutions have the potential to advance society by establishing mechanisms to adopt new, innovative methodologies in this era of profound global changes. In this regard, this paper focuses on the orientation of Industry 5.0 in the Higher Education Institutions in Serbia and its region. The research was conducted through a survey, collecting 366 correctly completed responses. Using four variables on a five-point Likert scale, the orientation of Industry 5.0 in the Higher Education Institutions in Serbia and the region was explored. All results fall within the scale range of 3.5/5 to 3.8/5, indicating that the level of acceptance and implementation of Industry 5.0 is not very high