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AI-Driven Innovation: Towards a Conceptual Framework

In: Artificial Intelligence and Innovation Management

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  • Sergey Yablonsky

Abstract

The main purpose of this chapter is to discuss AI-driven innovations. Generally, the links between AI technology, AI usage, and organizational performance remain unclear. To improve the efficiency of artificial intelligence implementation, reduce costs and shape new business opportunities, firms should understand the features, capabilities, and the impact of these innovations on business models, business processes and employees. This area however is very little studied. To address this gap, an AI-driven value chain framework is proposed, which makes it possible to create a reference model (taxonomy) of AI-driven innovation processes and innovation types. Finally, an AI organization maturity model and an AI-driven maturity framework are discussed.

Suggested Citation

  • Sergey Yablonsky, 2022. "AI-Driven Innovation: Towards a Conceptual Framework," World Scientific Book Chapters, in: Stoyan Tanev & Helena Blackbright (ed.), Artificial Intelligence and Innovation Management, chapter 6, pages 97-116, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781800611337_0006
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    More about this item

    Keywords

    Artificial Intelligence; Innovation Management; Knowledge-Based Perspective; Decision Making; Entrepreneurial Opportunity; Ai-Driven Innovation; Automation; Research Process Disruption; Value Proposition; Business Scaling; Fair; Inclusive and Anticipatory Leadership; Social Impact of AI; Living Labs; Public Procurement of AI;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O36 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Open Innovation
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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