Artificial Intelligence, Dynamic Capabilities, and Business Optimization: Impact on Firm Performance

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2023

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IGI Global

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Business
(2002)
We are a department that has been active for 22 years with the goal to determine the structural changes in economy and the problems of general business administration, to develop problem solving skills and to devise modelling techniques that fit our aims. Among our cornerstones are to graduate more students into administrative positions of our institutions, to help them realize their inner potential to be go-getters, to prepare them for the entrance exams for high-tier, well-respected public positions, and to help them participate graduate and doctorate degree programs at ease, nationally or internationally. In this regard, our course curriculum is constantly subject to updates. In addition, we do all in our power to graduate students that stand out, with double-major program opportunities. We make an effort to aid our students in kick-starting their professional life after completing a period of one semester at Private - Public institutions within the framework of our Cooperative Education Program.

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Artificial intelligence is a recent technological paradigm that mimics human thinking and evaluating ability. It has the potential to transfer human intelligence to informatics systems in business management and transform various business aspects such as information acquisition, product creation, and service utilization. It may also help businesses mitigate threats and capitalize on opportunities. However, some organizations have rushed into its adoption despite their limited operational skills and its high costs. In this context, dynamic capabilities are crucial for a company’s growth, and artificial intelligence can transform the process. This chapter reviewed and analyzed data in the literature to reveal the performance enhancement and productivity improvement led by artificial intelligence in a way that utilizes capabilities, competencies, and resources of firms. © 2023 by IGI Global. All rights reserved.

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Streamlining Organizational Processes Through AI, IoT, Blockchain, and Virtual Environments

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1

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20

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https://doi.org/10.4018/978-1-6684-8639-9.ch001
 https://hdl.handle.net/20.500.14411/4138

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Scopus