Artificial Intelligence a Panacea for Innovation Management? Review and Directions

Abstract

New disruptive language models like Artificial Intelligence (AI), which can facilitate the development of unique ideas, are likely to have an impact on how businesses approach and manage innovation. Thus, it's essential to ascertain AI effect on innovation management to draw practical conclusions for research and practice. The objective of this research is three-fold: first, we discuss how AI is expected to affect innovation management practices and evaluated the literature; second, we tested a few assumptions related to AI influence on innovation management; and finally, we offer recommendations for the research avenues that need more attention from the researchers. In addition to giving researchers a basic grasp, we hope that this study will provide an improved understanding related to AI influence on innovation management.