TY - GEN A1 - Schou, Casper A1 - Colli, Michele A1 - Berger, Ulrich A1 - Heidemann Lassen, Astrid A1 - Madsen, Ole A1 - Møller, Charles A1 - Vejrum Wæhrens, Brian ED - Andersen, Ann-Louise ED - Andersen, Rasmus ED - Brunoe, Thomas Ditlev ED - Stoettrup Schioenning Larsen, Maria ED - Nielsen, Kjeld ED - Napoleone, Alessia ED - Kjeldgaard, Stefan T1 - Deconstructing Industry 4.0: Defining the Smart Factory T2 - Towards Sustainable Customization: Bridging Smart Products and Manufacturing Systems : Proceedings of the 8th Changeable, Agile, Reconfigurable and Virtual Production Conference (CARV2021) and the 10th World Mass Customization & Personalization Conference (MCPC2021), Aalborg, Denmark, October/November 2021 N2 - The advent of the industrial digital transformation and the related technologies of the Industry 4.0 agenda has uncovered new concepts and terminology in the manufacturing domain. Clear definitions represent a solid foundation for supporting the manufacturing research community in addressing this field consistently. This paper addresses this need focusing on the “smart factory”. Starting from a review of the extant literature and integrating it with the outcome of a Delphi study, we propose a new definition of a “smart factory” and discuss its key characteristics. These are related to interconnectivity capabilities and adaptability to the surrounding environment in order to generate and appropriate value. Eventually, such characteristics are exemplified in an empirical context. The aim of this paper is to provide the research community with an updated definition of a smart factory taking both industrial and societal values into account. Furthermore, it may represent a reference for practitioners engaged in the digital transformation of their factories. Y1 - 2021 UR - https://link.springer.com/book/10.1007/978-3-030-90700-6 SN - 978-3-030-90699-3 U6 - https://doi.org/10.1007/978-3-030-90700-6_40 SP - 356 EP - 363 PB - Springer CY - Cham ER -