Title: Management and control of economic cost and analysis of investment effect in small and medium-sized enterprises under the background of Industry 4.0

Authors: Zhichao Liu; Yong Ye; Ya Cheng

Addresses: School of Management, Sichuan Agricultural University, Chengdu 611130, China ' School of Economics and Management, Southwest Jiao Tong University, Cheng'u 610031, China ' School of Management, Sichuan Agricultural University, Chengdu 611130, China

Abstract: In view of the poor economic cost control and investment effect of small and medium-sized enterprises under the background of Industry 4.0, this paper puts forward the economic cost control and investment effect analysis of small and medium-sized enterprises under the background of Industry 4.0. This paper expounds the current situation of economic cost control of small and medium-sized enterprises under the background of Industry 4.0, analyses the basic business process of economic cost control, takes small and medium-sized enterprise a company as the research object, analyses the economic cost investment management situation of Company A, establishes the investment effect evaluation model, analyses human capital investment and R&D investment, and realises the economic cost control and investment effect analysis of small and medium-sized enterprises. The experimental results show that: this method can accurately analyse the economic cost control and investment effect of small and medium-sized enterprises.

Keywords: Industry 4.0; small and medium-sized enterprises; economic cost; management and control; investment effect.

DOI: 10.1504/IJTM.2020.112498

International Journal of Technology Management, 2020 Vol.84 No.3/4, pp.211 - 228

Received: 30 Jun 2020
Accepted: 03 Oct 2020

Published online: 08 Jan 2021 *

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