Cybernetics and Systems Theory at the Time of Great Reset

A special issue of Systems (ISSN 2079-8954). This special issue belongs to the section "Complex Systems and Cybernetics".

Deadline for manuscript submissions: 28 February 2025 | Viewed by 5703

Special Issue Editor


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Guest Editor
Department of Economics, Business and Statistics, University of Palermo, Via delle Scienze, Ed. 13, 90128 Palermo, Italy
Interests: systemic thinking; management; marketing; viable systems; cybernetics; systemic approaches to marketing
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Special Issue Information

Dear Colleagues,

The Great Reset may be explored from a complexity perspective by applying some of the concepts and methods of complex systems science to analyse the dynamics and interactions of the various actors and factors involved in the initiative and its opposition. For example, one could use complexity profiles to compare the levels of complexity of different aspects of the Great Reset, examine the efficiency–adaptability trade-off of the Great Reset and its alternatives, explore the complexity matching between the Great Reset and its stakeholders, conduct a multiscale analysis of the Great Reset and its impacts, and study the evolutionary processes of the Great Reset and its alternatives. Another way to investigate the Great Reset from a complexity perspective is to consider the different positions as expressions of different perspectives or narratives that coexist in a complex social system. For example, one could identify the main perspectives or narratives that support or oppose the Great Reset, analyse their sources, motivations, assumptions, evidence, arguments, and implications, compare and contrast their similarities and differences, evaluate their strengths and weaknesses, and explore their possibilities for dialogue, collaboration, or conflict. By investigating the Great Reset from a complexity perspective, one can gain a deeper understanding of the initiative and its challenges, as well as its potential opportunities and risks.

Dr. Gandolfo Dominici
Guest Editor

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Published Papers (4 papers)

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Research

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21 pages, 874 KiB  
Article
Artificial Intelligence and the Great Reset: Impacts and Perspectives for Italian SMEs Business Model Innovation
by Valerio Muto, Simone Luongo, Martina Percuoco and Mario Tani
Systems 2024, 12(9), 330; https://doi.org/10.3390/systems12090330 - 28 Aug 2024
Cited by 1 | Viewed by 965
Abstract
The rise of artificial intelligence is fundamentally transforming the competitive landscape across various sectors, offering visionary enterprises new pathways to innovation development and to get a competitive edge. AI leverages data, analysis, and observations to perform tasks without hard coding, and benefits from [...] Read more.
The rise of artificial intelligence is fundamentally transforming the competitive landscape across various sectors, offering visionary enterprises new pathways to innovation development and to get a competitive edge. AI leverages data, analysis, and observations to perform tasks without hard coding, and benefits from self-learning and continuous improvement. We use Systems Thinking to frame how managers may adopt and integrate AI in business activities. We also investigate the motivations driving entrepreneurs to adopt AI solutions, and how they may impact on sustainable business model innovation, by administering a questionnaire to a sample of innovative Italian SMEs to get a comprehensive overview of the dynamics influencing AI adoption in business. This study sheds light on the intricate relationship between technology, sustainability, and corporate innovation. It offers both valuable insights for future research and for strategic managerial decisions on AI integration. Furthermore, it helps the development of innovative, sustainable business models in the evolving landscape of the Great Reset. Full article
(This article belongs to the Special Issue Cybernetics and Systems Theory at the Time of Great Reset)
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22 pages, 2251 KiB  
Article
Systemic View of the Role of Higher Educational Institutions in the Great Reset
by Mirjana Pejić Bach, Dalia Suša Vugec, Sarwar Khawaja, Fayyaz Hussain Qureshi and Dorian Fildor
Systems 2024, 12(9), 323; https://doi.org/10.3390/systems12090323 - 25 Aug 2024
Viewed by 939
Abstract
The Great Reset is a concept proposed by the World Economic Forum to rebuild the global economy sustainably following the COVID-19 pandemic, emphasising stakeholder capitalism, greener practices, and more equitable social contracts. However, most of the literature focuses on the role of business [...] Read more.
The Great Reset is a concept proposed by the World Economic Forum to rebuild the global economy sustainably following the COVID-19 pandemic, emphasising stakeholder capitalism, greener practices, and more equitable social contracts. However, most of the literature focuses on the role of business and government actors in the Great Reset. At the same time, research that considers the role of higher education institutions (HEIs) is lacking. However, HEIs have the significant capacity to support various aspects of the Great Reset. In this work, we examine different mechanisms by which HEIs could bring change, such as fostering the growth of workforce skills, promoting entrepreneurship and innovation, participating in community development and others. A survey on a sample of university professors, postdoctoral researchers, and research assistants has been conducted with the goal of evaluating the degree to which HEIs have played a role in influencing economic recovery after COVID-19, leveraging the industry 4.0, enhancing regional development, revitalising global cooperation, formulating sustainable business models, restoring environmental well-being, and restructuring social contracts, skills, and employment opportunities. A two-step cluster analysis has been conducted, indicating that HEIs played different roles in the Great Reset process, being the Leaders, Followers and Laggers. We found a significant difference between the various groups of respondents according to their scientific field, position, and region regarding the perception of the role played by their HEIs in influencing economic recovery after COVID-19. The position of the respondents contributed to their perception of the role that their HEIs participated in the process of the Great Reset, with the assistant professors perceiving the most often that their HEIs are Leaders. Additionally, the scientific field and region of the HEI also impacted their role in the Great Reset, with the HEIs from technology and countries outside of Europe being the Leaders most often. On the other hand, Followers and Laggers were equally from social sciences and other fields and European countries. Full article
(This article belongs to the Special Issue Cybernetics and Systems Theory at the Time of Great Reset)
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19 pages, 385 KiB  
Article
The Great Reset as a Realistic Utopia—A Critical Stance from Critical Realism and Complex Systems Theory
by Ermanno C. Tortia
Systems 2024, 12(8), 304; https://doi.org/10.3390/systems12080304 - 16 Aug 2024
Cited by 1 | Viewed by 1462
Abstract
The Great Reset (GR) has been presented by the World Economic Forum (WEF) in response to the COVID-19 pandemic in 2022 as a model through which a “stakeholder economy” would achieve “resilient, equitable, and sustainable” social, economic, and ecological reform. The GR agenda [...] Read more.
The Great Reset (GR) has been presented by the World Economic Forum (WEF) in response to the COVID-19 pandemic in 2022 as a model through which a “stakeholder economy” would achieve “resilient, equitable, and sustainable” social, economic, and ecological reform. The GR agenda includes environmentally sustainable use and more equitable distribution of resources. This article raises the question of whether the Great Reset program should be interpreted as a “realistic utopia” and what its reform potential is. To this end, the GR program is tested against the current state of science and philosophy. The idea of a utopia is analyzed in the light of recent philosophical and scientific approaches, such as critical realism in philosophy, social systems theory in sociology, and complexity theory in science. A comparative conceptual analysis is carried out by introducing the idea of a realistic utopia in Rawls’ theory of justice as fairness. In the final discussion, some doubts are raised about the logical coherence, rigor of scientific theorizing, policy prescriptions, and predictive potential of the Great Reset. It is concluded that utopian projects of radical reform are not realistic due to the supposed long-term repercussions of exogenous shocks or “black swan” events such as the COVID-19 pandemic. Rather, they must offer explanations of the deep structural elements and evolutionary patterns that underlie society and the economy, drawing from these explanations the policy implications, predictions, and prescriptions that can support change. Full article
(This article belongs to the Special Issue Cybernetics and Systems Theory at the Time of Great Reset)

Review

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31 pages, 1391 KiB  
Review
Essentials of ‘the Great Reset’ through Complexity Matching
by Vasja Roblek and Vlado Dimovski
Systems 2024, 12(6), 182; https://doi.org/10.3390/systems12060182 - 22 May 2024
Cited by 1 | Viewed by 1606
Abstract
This qualitative study employs a thematic network analysis of the literature to explore the implications and evaluations of the ‘Great Reset’. Delving into how complexity theory, especially the principles related to complex systems and coordination, can be applied, this research aims to promote [...] Read more.
This qualitative study employs a thematic network analysis of the literature to explore the implications and evaluations of the ‘Great Reset’. Delving into how complexity theory, especially the principles related to complex systems and coordination, can be applied, this research aims to promote resilience and facilitate comprehensive systemic transformation. This study identifies critical ‘Great Reset’ components that align or conflict with stakeholders’ needs, objectives, and capabilities by examining how diverse stakeholders function within intricate and interconnected systems. Full article
(This article belongs to the Special Issue Cybernetics and Systems Theory at the Time of Great Reset)
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