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Automating Innovation

In: Artificial Intelligence and Innovation Management

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  • Navneet Bhalla

Abstract

Artificial intelligence is changing the way we invent. Although it is not commonplace today, artificial intelligence is being used for product innovation, for example, in the design of physical objects and software. However, a far less explored area is applying artificial intelligence to process innovation. Developing new processes can be transformative, such as the invention of the moving assembly line. This chapter presents how the same artificial intelligence algorithms, specifically evolutionary computing, used for product innovation can be leveraged for process innovation. The design of self-organizing materials is used as an example to guide the reader through topology optimization (product innovation) to the creation of complex systems (process innovation). The principles from designing complex systems using artificial intelligence are abstracted — constraints, time, and noise — and discussed in the context of Industry 4.0.

Suggested Citation

  • Navneet Bhalla, 2022. "Automating Innovation," World Scientific Book Chapters, in: Stoyan Tanev & Helena Blackbright (ed.), Artificial Intelligence and Innovation Management, chapter 7, pages 117-141, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781800611337_0007
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    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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