Industry 5.0 – characteristic, main principles, advantages and disadvantages

Purpose: The aim of the paper is to analyze the Industry 5.0 concept and compare it with Industry 4.0. Design/methodology/approach: Critical literature analysis. Analysis of international literature from main databases and polish literature and legal acts connecting with researched topic. Findings: Industry 5.0 offers several benefits that make it worth adopting in manufacturing industries, including improved efficiency, greater quality control, sustainability, enhanced worker safety, improved customer experience, cost savings, competitive advantage, increased innovation, and positive social impact. By integrating human creativity and intuition with advanced machinery and technology, Industry 5.0 promises to create a more sustainable, flexible, and socially responsible manufacturing environment that delivers higher quality products and more meaningful jobs. Originality/value: Detailed analysis of all subjects related to the problems connected with the Industry 5.0. Keywords: Industry 4.0; innovation, industrial enterprise, design thinking, innovativeness. Category of the paper: literature review.