Artificial Intelligence and robots: a threat or an opportunity for SMEs and entrepreneurship?

Emanuela Carbonara and Enrico Santarelli

Chapter 5 in SMEs in the Digital Era, 2023, pp 104-121 from Edward Elgar Publishing

Abstract: The technological revolution driven by the emergence of Artificial Intelligence and robots might represent either a threat to or an opportunity for Small- and Medium-Sized Enterprises (SMEs) and entrepreneurship. On one side, as a process innovation it is expected to give incumbents a large competitive advantage, therefore increasing market concentration. On the other side, however, as a product innovation it is likely to create room for specialization of SMEs and entry by new firms. This chapter discusses the impact of AI and robots on market dynamics, with an emphasis on how the prevailing opinion of an anticompetitive and labor-saving impact of this potentially new Technological Paradigm is influenced by overestimation of its use for the introduction of process - rather than product - innovations.

Keywords: Business and Management; Economics and Finance; Innovations and Technology; Law - Academic (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781803921648/9781803921648.00013.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:21484_5

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().