Editorial: Industry 5.0 Towards Human Value and Value for Human

The chapter summarizes the best studies published in the Proceedings of the International Scientific Conference “Digital Transformation in Industry: Trends, Management, Strategies” (DTI2023). The conference was organized by the Institute of Economics of the Ural Branch of the Russian Academy of Sciences and held on October 25–27, 2023. ‘From Industry 4.0 to Industry 5.0: Challenges and Perspectives’ was chosen as the central topic for discussion. The editors delve into the context and background that underlie research in this area. The chapter analyzes the major results and conclusions presented at the conference with a special focus on the human factor playing a strategic role in industrial digitalization. The key challenges and risks enterprises face amid global technological changes are identified, and opportunities for sustainable innovative development within the new industrial paradigm of Industry 5.0 are discussed. In conclusion, we provide a brief overview of the chapters’ contributions to the book and emphasize their significance for exploring the conference’s topic. This overview allows the readers to appreciate the diversity of research approaches presented. The editors highlight the importance of the authors’ managerial recommendations for adapting industrial enterprises to new values in the context of Industry 5.0.