Well-being in the transition from Industry 4.0 to Industry 5.0

The Industrial Revolution marked the evolution of society through technological development and the introduction of innovations. In the current scenario, we are experiencing a coexistence of two revolutions. The first, Industry 4.0 focused on the automation and digitization of production. The more recent, Industry 5.0 is oriented towards the centrality of human beings’ production processes and in general in the development of a sustainable society. Both revolutions have brought value growth, primarily to companies, to the global economic system and society at large by improving work, employment and general creating well-being. The purpose of this research work is to analyse how Industry 4.0 and Industry 5.0 contributed and continue to contribute to well-being creation. Field, output and technologies involved in well-being creation will be investigated with a systematic literature review and a content analysis highlighting contact points and differences between the two revolutions and the evolution of the scenario at this time of transition. Managerial implications and limitations are included in the analysis.