Corporate investment in artificial intelligence: The role of GDP, ICT exports, and patents

– Despite the widespread use of artificial intelligence (AI) in fields as diverse as finance, healthcare, and education, little is known about the factors motivating its financing. This study investigates the drivers influencing corporate investment in AI using global data from 2013 to 2022, focusin...

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Main Authors: Rahman Md. Shanur, Golder Uttam, Ghosh Prosenjeet
Format: Article
Language:English
Published: Sciendo 2024-01-01
Series:Journal of Economics and Management
Subjects:
Online Access:https://doi.org/10.22367/jem.2024.46.21
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author Rahman Md. Shanur
Golder Uttam
Ghosh Prosenjeet
author_facet Rahman Md. Shanur
Golder Uttam
Ghosh Prosenjeet
author_sort Rahman Md. Shanur
collection DOAJ
description – Despite the widespread use of artificial intelligence (AI) in fields as diverse as finance, healthcare, and education, little is known about the factors motivating its financing. This study investigates the drivers influencing corporate investment in AI using global data from 2013 to 2022, focusing on the relationship between GDP growth, ICT goods exports, AI patent applications (AIPA), and regulatory quality with corporate AI investments.
format Article
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issn 2719-9975
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series Journal of Economics and Management
spelling doaj-art-3903677ade5f4c3eb43eeca5aff64cf52025-02-02T15:47:19ZengSciendoJournal of Economics and Management2719-99752024-01-0146161363610.22367/jem.2024.46.21Corporate investment in artificial intelligence: The role of GDP, ICT exports, and patentsRahman Md. Shanur0Golder Uttam1Ghosh Prosenjeet2Department of Finance and Banking Faculty of Business Studies, Jashore University of Science and TechnologyJashore, BangladeshDepartment of Finance and Banking Faculty of Business Studies, Jashore University of Science and Technology, Jashore, BangladeshDepartment of Finance and Banking Faculty of Business Studies, Jashore University of Science and TechnologyJashore, Bangladesh– Despite the widespread use of artificial intelligence (AI) in fields as diverse as finance, healthcare, and education, little is known about the factors motivating its financing. This study investigates the drivers influencing corporate investment in AI using global data from 2013 to 2022, focusing on the relationship between GDP growth, ICT goods exports, AI patent applications (AIPA), and regulatory quality with corporate AI investments.https://doi.org/10.22367/jem.2024.46.21artificial intelligenceaicorporate ai investmentgdpictregulatory quality.f30f62f63f65.
spellingShingle Rahman Md. Shanur
Golder Uttam
Ghosh Prosenjeet
Corporate investment in artificial intelligence: The role of GDP, ICT exports, and patents
Journal of Economics and Management
artificial intelligence
ai
corporate ai investment
gdp
ict
regulatory quality.
f30
f62
f63
f65.
title Corporate investment in artificial intelligence: The role of GDP, ICT exports, and patents
title_full Corporate investment in artificial intelligence: The role of GDP, ICT exports, and patents
title_fullStr Corporate investment in artificial intelligence: The role of GDP, ICT exports, and patents
title_full_unstemmed Corporate investment in artificial intelligence: The role of GDP, ICT exports, and patents
title_short Corporate investment in artificial intelligence: The role of GDP, ICT exports, and patents
title_sort corporate investment in artificial intelligence the role of gdp ict exports and patents
topic artificial intelligence
ai
corporate ai investment
gdp
ict
regulatory quality.
f30
f62
f63
f65.
url https://doi.org/10.22367/jem.2024.46.21
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AT golderuttam corporateinvestmentinartificialintelligencetheroleofgdpictexportsandpatents
AT ghoshprosenjeet corporateinvestmentinartificialintelligencetheroleofgdpictexportsandpatents