Can Artificial Intelligence Improve Firms' Competitiveness during the COVID-19 Pandemic: International Evidence

被引:12
作者
Xu, Da [1 ]
Guo, Ye [2 ]
Huang, Mengqi [1 ]
机构
[1] Tulane Univ, AB Freeman Sch Business, New Orleans, LA 70118 USA
[2] Xiamen Univ, Sch Econ, Xiamen 361005, Peoples R China
基金
中国国家自然科学基金;
关键词
Artificial intelligence; COVID-19; market competition; developed and developing countries; property right;
D O I
10.1080/1540496X.2021.1899911
中图分类号
F [经济];
学科分类号
02 ;
摘要
We conduct a textual analysis of 0.9 million product announcements to examine how artificial intelligence (AI) is reshaping market competition during the COVID-19 pandemic. We find that the revenues for firms that were engaged in AI before the pandemic increased faster in 2020. This effect is potentially due to the increased human digital footprint and is stronger in developing countries and countries with better property rights protection. Overall, our study has implications for practitioners and policymakers about the benefits of applying AI and cautions against blindly pursuing AI without considering national backgrounds.
引用
收藏
页码:2812 / 2825
页数:14
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