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The capability approach to innovations: How AI can enhance the innovation potential of ecosystem

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientific

Details

Original languageEnglish
Title of host publicationProceedings of ISPIM Connects Bangkok: Partnering for an Innovative Community
Subtitle of host publicationBangkok, Thailand, 1-4 March 2020
PublisherInternational Society for Professional Innovation Management ISPIM
Number of pages11
ISBN (Electronic)978-952-335-465-4
Publication statusPublished - 2020
Publication typeB3 Non-refereed article in conference proceedings
EventISPIM Connects Bangkok - Bangkok, Thailand
Duration: 2 Mar 20204 Mar 2020

Publication series

NameLUT Scientific and Expertise Publications
ISSN (Print)2243-3376

Conference

ConferenceISPIM Connects Bangkok
CountryThailand
CityBangkok
Period2/03/204/03/20

Abstract

Artificial intelligence (AI) carries great expectations for future business potential. Among other disciplines, the disruptive potential of AI to innovation ecosystems has been widely recognized. As innovation ecosystems have a high reliance on data solutions that enable the efficient utilization of resources, technologies, and capabilities and the disruptive potential of AI is based on the ability to handle vast data masses, the complementary condition between AI and innovation ecosystems seems obvious. However, no research on the intertwinement of AI and innovation ecosystems have yet been published. In this paper, we elaborate on this topic. Based on interviews conducted in two IT consulting companies we present three categories of benefits (information standardization, competence matching, and forecasting) of AI and two categories of barriers (technical and organizational), organizations must overcome to successfully utilize AI solutions in the context of innovation ecosystems.

Field of science, Statistics Finland