Assessing Key Success Elements for the Economic Sustainability of the Robotics Industry

Abstract

Robotics frequently entails the provisioning of resources in order to maximize long-term sustainability. When analyzing investments and funding, economic theories and models assist in assessing the dynamics of the remedy market, environmental impacts, and policy impacts. The numerous costs and challenges are identified in the current study. By classifying the 12 encountered elements into causes and effects to detect the causal interrelationships, the study is successful in providing guidelines for development of a model.