International Review of Economics and Finance

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International Review of Economics and Finance

Artificial intelligence and innovation capability: A dynamic capabilities perspective

One. Introduction

As a leader in the new round of technological revolution and industrial transformation, artificial intelligence technology has become the core driving force for industry development. The rapid development of AI technology has improved the efficiency and effectiveness of the innovation process and opened up new breakthroughs for enterprise innovation practices, helping traditional industries to transform and upgrade, thereby promoting the quality improvement and efficiency growth of the entire industry. Enterprises are transitioning from traditional

ABSTRACT

Two. Theory, literature review and research hypotheses

Two point two. AI adoption and firm innovation capability

Two point three. Mediating effects of digital adaptability

Hypothesis two a. AI adoption has a positive impact on perceived adaptability.

Hypothesis two c. AI adoption has a positive impact on productive adaptability.

Hypothesis three a. Perceived adaptability positively impacts a firm's innovation capability.

Hypothesis three c. Productive adaptability positively impacts a firm's innovation capability.

Hypothesis four a. Perceived adaptability mediates the relationship between AI adoption and a firm's innovation capability.

Hypothesis four c. Productive adaptability mediates the relationship between AI adoption and a firm's innovation capability.

Two point four point one. AI adoption and market perception

Hypothesis five. AI adoption can enhance a firm's market perception.

Hypothesis six. Market perception positively promotes a firm's innovation capability.

Hypothesis seven. Market perception mediates the relationship between AI adoption and a firm's innovation capability.

Two point five point one. Digital adaptability and market perception

Hypothesis eight A. Perceived adaptability positively promotes market perception.

Hypothesis eight C. Productive adaptability positively promotes market perception.

Three. Pilot study

Three point one. Data source

Three point two. Variables

Three point two point two. Explained variable (firm innovation capability)

Three point two point three. Control variables

Three point three. Baseline estimation results

Three point four. Endogeneity test

Three point five. Discussion

Four. Research methods

Four point two. Measurement of variables

Five. Empirical results

Five point two. Confirmatory factor analysis

Five point three. Descriptive statistics

Five point four. Hypothesis testing

Six. Discussion

Six point two. Management implications

Six point three. Limitations and future research directions

Seven. Result

Author contributions

Data availability

Overview

The paper investigates how the use of artificial intelligence influences the innovation capabilities of enterprises, highlighting the importance of digital adaptability and market perception in this relationship. It aims to provide insights and theoretical guidance for enterprises seeking to enhance their innovation efficiency through AI technology.

Key Points

1Artificial intelligence significantly enhances enterprise innovation capabilities
2Digital adaptability serves as a key mediator in the relationship between AI use and innovation
3Market perception plays a critical mediating role in how AI affects innovation capabilities
4The study utilizes data from Chinese A-share listed companies to validate findings
5Dynamic capabilities theory provides the theoretical framework for understanding AI's impact on innovation.

Details

Authors: Yang Gao, Siqiang Liu, Lu Yang
Category: Business and Finance

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