Edge AI Driven Technology Advancements Paving Way Towards New Capabilities
Girish Kumar Agarwal,
Mats Magnusson () and
Anders Johanson ()
Additional contact information
Girish Kumar Agarwal: Department of Machine Design, KTH Royal Institute of Technology, Sweden
Mats Magnusson: Department of Machine Design, KTH Royal Institute of Technology, Sweden
Anders Johanson: Department of Machine Design, KTH Royal Institute of Technology, Sweden
International Journal of Innovation and Technology Management (IJITM), 2021, vol. 18, issue 01, 1-25
Abstract:
As industries hold the opportunity to embrace artificial intelligence (AI) driven innovation, their success to a significant extent will depend on the value the new technology generates for different business stakeholder groups. This is in turn dependent upon how management can embrace these techniques and change as companies will frequently need to transform both internal processes and offerings to customers in order to reap the benefits of AI. AI is a growing research area currently concentrated around technology and modeling of techniques and yet only few examples and limited research are available, on how AI technology enables new capabilities that can impact the value delivered as well as radically transform it. We thus need to understand what new capabilities these technologies bring about and how they are used. Based on three concrete empirical quasi-experiments, interviews conducted with start-ups and a Swedish industrial manufacturing firm dealing with outdoor power products (like grass-cutters, chain-saws, concrete-saws, etc.) for professional and consumer use and using an analytical framework derived from the Resource Based View, this paper explores capabilities enabled through Edge AI and the competitive advantage these may offer. Specific capabilities (self-calibration, enhanced-sensing, selective-capture and reputation) are identified and implications for theory are discussed, pointing out the importance to consider this type of technology not only as a resource, but rather as a dynamic capability in itself.
Keywords: Artificial intelligence; edge AI; resource based view; dynamic capabilities; value (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0219877020400052
Access to full text is restricted to subscribers
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:wsi:ijitmx:v:18:y:2021:i:01:n:s0219877020400052
Ordering information: This journal article can be ordered from
DOI: 10.1142/S0219877020400052
Access Statistics for this article
International Journal of Innovation and Technology Management (IJITM) is currently edited by H K Tang
More articles in International Journal of Innovation and Technology Management (IJITM) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().