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The Role of Innovation and IP in AI-Based Business Models

In: Digital Entrepreneurship

Author

Listed:
  • Martin A. Bader

    (Technical University of Ingolstadt
    BGW AG Management Advisory Group)

  • Christian Stummeyer

    (Technical University of Ingolstadt
    Stummeyer Consulting)

Abstract

We give insights into proprietary and open innovation approaches that are applied in artificial intelligence (AI)-based business models. Starting with the historical emergence of AI, we present the state of the art of innovation structures in AI applications and AI-based business models. Finally, we elaborate on the role of intellectual property (IP) with a special focus on patents, analyzing patenting data, and the top AI patentees: corporations, research organizations, and top patenting AI start-ups. We conclude with our own model of formal and informal protection strategies applied in AI-based business models and how to balance open and proprietary innovation with a focus on entrepreneurship and start-ups.

Suggested Citation

  • Martin A. Bader & Christian Stummeyer, 2019. "The Role of Innovation and IP in AI-Based Business Models," FGF Studies in Small Business and Entrepreneurship, in: Ronny Baierl & Judith Behrens & Alexander Brem (ed.), Digital Entrepreneurship, pages 23-56, Springer.
    • Handle: RePEc:spr:fgfchp:978-3-030-20138-8_2
    DOI: 10.1007/978-3-030-20138-8_2
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    Cited by:

    1. Khan Muhammad Asif, 2022. "Universities’ Involvement in Promoting Digital Entrepreneurship and Future Digital Entrepreneurship Opportunities through Digital Technologies in Indonesia," Journal of Intercultural Management, Sciendo, vol. 14(4), pages 39-59, December.

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