EXPLORING THE DYNAMICS OF INNOVATION IN THE ERA OF ARTIFICIAL INTELLIGENCE

Artificial Intelligence (AI) is revolutionizing the landscape of innovation, presenting both unprecedented opportunities and many challenges for individuals, organizations, and societies. The purpose of this paper is to investigate what will happen with innovation in an AI era, through a comprehensi...

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Bibliographic Details
Published inStudia Universitatis Babeș-Bolyai. Oeconomica Vol. 69; no. 2; pp. 1 - 12
Main Authors Maier, Andreea, Osoian, Codruţa
Format Journal Article
LanguageEnglish
Published Cluj-Napoca Studia Universitatis Babes-Bolyai 01.08.2024
Sciendo
Babes-Bolyai University, STUDIA UNIVERSITATIS BABES-BOLYAI
Subjects
Artificial intelligence
Automation
Bibliometrics
Business Economy / Management
Datasets
Decision making
Entrepreneurship
Financial services
innovation
innovation management
Innovations
Keywords
M21
O30
O33
Optimization
Scenario planning
Socio-Economic Research
Software utilities
Supply
Trends
innovation
AI
innovation management
artificial Intelligence
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Summary:Artificial Intelligence (AI) is revolutionizing the landscape of innovation, presenting both unprecedented opportunities and many challenges for individuals, organizations, and societies. The purpose of this paper is to investigate what will happen with innovation in an AI era, through a comprehensive analysis of the dynamics of innovation in the era of AI. Based on a bibliometric analysis we explore the paper annual publication number, the trend topic, the word count and the international interest for this subject. Through an in-dept analysis we observed some transformative changes that will arise: Data-Driven Decision Making, Personalized Customer Experiences, Supply Chain Optimization, Innovation in Financial Services, AI-Powered Entrepreneurship, Job Displacement and Reskilling, Ethical and Regulatory Considerations. By integrating insights from both bibliometric analyses and scenario planning exercises, we offer a nuanced understanding of the opportunities and challenges arising from AI-driven innovation and provide strategic recommendations for navigating the complex terrain of the AI era. The findings contribute to the academic discourse on AI and innovation, inform evidence-based decision-making, and inspire proactive responses to the transformative forces shaping our collective future.
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ISSN:1220-0506
2065-9644
2065-9644
DOI:10.2478/subboec-2024-0006