The Role of Innovation and IP in AI-Based Business Models

Martin A. Bader () and Christian Stummeyer ()
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Martin A. Bader: Technical University of Ingolstadt
Christian Stummeyer: Technical University of Ingolstadt

A chapter in Digital Entrepreneurship, 2019, pp 23-56 from Springer

Abstract: Abstract We give insights into proprietary and open innovation approaches that are applied in artificial intelligence (AI)-based business models. Starting with the historical emergence of AI, we present the state of the art of innovation structures in AI applications and AI-based business models. Finally, we elaborate on the role of intellectual property (IP) with a special focus on patents, analyzing patenting data, and the top AI patentees: corporations, research organizations, and top patenting AI start-ups. We conclude with our own model of formal and informal protection strategies applied in AI-based business models and how to balance open and proprietary innovation with a focus on entrepreneurship and start-ups.

Keywords: Artificial intelligence; Business models; Innovation management; Intellectual property; Patents; Open innovation; Proprietary innovation; Bought control model; Free public commons model; Startups; Entrepreneurship (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fgfchp:978-3-030-20138-8_2

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DOI: 10.1007/978-3-030-20138-8_2

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