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Artificial Intelligence as a Strategic Innovation Capability

In: Artificial Intelligence and Innovation Management

Author

Listed:
  • Françoise de Viron
  • Benoit Gailly

Abstract

Mobilizing a knowledge-based perspective of the firm, this chapter outlines how artificial intelligence (AI) technologies can be seen as new innovation capabilities allowing firms to learn from existing and new knowledge assets. This approach allows managers and scholars to adopt a strategic perspective regarding the development of their AI assets and capabilities. We identify in particular four types of organizational learning strategies, considering whether to build analytic capabilities (both technical and organizational) on the one hand to best exploit the knowledge embedded in their existing data assets and on the other hand to explore — identify and capture — new sources of knowledge.

Suggested Citation

  • Françoise de Viron & Benoit Gailly, 2022. "Artificial Intelligence as a Strategic Innovation Capability," World Scientific Book Chapters, in: Stoyan Tanev & Helena Blackbright (ed.), Artificial Intelligence and Innovation Management, chapter 8, pages 143-160, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781800611337_0008
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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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