Transformation of social structure from Industry 1.0 to Industry 4.0: Schumpeterian approach

Compared to other historical events, industrial revolutions appear as the processes that have the greatest impact on humanity. Transformations in the energy regime, developments in production processes, changes in transportation and communication tools have shaped people's social and economic life. Innovation is the basis of industrial revolutions. One of the world's leading figures on innovation and innovation is Schumpter. In this study, industrial revolutions and their effects on society are discussed with the new Schumpterian approach.