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Record W4404102433 · doi:10.1109/emr.2024.3478479

The Adoption and Impact of AI by SMEs for New Product Development

2024· article· en· W4404102433 on OpenAlexaff
Robert G. Cooper

Bibliographic record

VenueIEEE Engineering Management Review · 2024
Typearticle
Languageen
FieldDecision Sciences
TopicImpact of AI and Big Data on Business and Society
Canadian institutionsMcMaster University
Fundersnot available
KeywordsBusinessNew product developmentProduct (mathematics)Industrial organizationManufacturing engineeringMarketingEngineeringMathematics

Abstract

fetched live from OpenAlex

Artificial intelligence (AI) is transforming business, including new product development (NPD), yet smaller firms face challenges in adoption. This article presents findings from a survey of Irish small and medium enterprises (SMEs) conducted with the Industry Research & Development Group. Despite AI's potential, the study reveals low AI implementation across 13 NPD applications, but more positive intentions to adopt AI in the near future. Performance improvements from AI are modest, with an average of 27% improvement across five key metrics. Readiness to adopt AI for NPD, however, is weak with SMEs exhibiting low trust, limited senior management commitment, and minimal demonstrated value from AI. The article concludes with five managerial recommendations, emphasizing the urgency for SMEs to leverage AI to boost innovation, and provides a simple process map for AI deployment.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.006
metaresearch head score (Gemma)0.018
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.006
Threshold uncertainty score0.032

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0060.018
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.003
Science and technology studies0.0000.001
Scholarly communication0.0020.002
Open science0.0000.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.060
GPT teacher head0.372
Teacher spread0.312 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations3
Published2024
Admission routes1
Has abstractyes

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