Impact Of Artificial Intelligence Technology Development On Enterprise Growth

With the widespread promotion and application of new generation information technologies such as big data and artificial intelligence,social development has entered the era of digital economy.The application scenarios of artificial intelligence technology in the real economy are gradually increasing,greatly promoting the formation of new industries and business models,and promoting the coordinated development of production and consumption.Artificial intelligence technology is a key element in promoting enterprise innovation and sustainable development,and a key driving force for the transformation of a strong country.Therefore,it is necessary to accurately depict the development trend of artificial intelligence technology development,and position the impact of human intelligence technology development on enterprises in the evolution and development of technology development.Firstly,for enterprises to achieve sustained growth,they must rely on the external environment and make strategic choices that are suitable for the environment.Artificial intelligence technology has widely permeated various industries,and almost all enterprises are trying to improve their operational efficiency by improving their IT infrastructure and data to simplify operational processes.In order to maintain their competitive advantage,enterprises urgently need to develop artificial intelligence related technologies.Secondly,as a disruptive technology in the new era,artificial intelligence technology can promote information development,complement resources,integrate internal and external resources,and change the ability status of individual enterprises in the value system by leveraging its powerful data collection and analysis capabilities.Finally,artificial intelligence technology is still in the growth stage.For latecomers in the window period,the research and application of artificial intelligence technology can help enterprises achieve technological catchup,thereby improving short-term operational performance and gaining long-term development potential.Therefore,clarifying the impact of artificial intelligence technology development on enterprise growth,and examining the moderating role of variables such as absorptive capacity and redundant resources in this process,provides a reference path for enterprises to use artificial intelligence technology development to promote their own growth,helps deepen research on the relationship between artificial intelligence technology development and enterprise growth,and has important practical significance for enterprise technology development,changing technology strategies,and achieving high-quality development.This article delves into the development trend of artificial intelligence technology development layer by layer,and conducts statistical and visual analysis of global artificial intelligence technology development from time dimension,national entity dimension,and hotspot dimension.Based on the construction of indicators reflecting the development of enterprise Al technology,the research object is TOP listed companies with the highest number of AI patent applications in the world from 2001 to 2020,and the model is constructed using panel data and regression analysis is carried out.Based on the resource-based theory and enterprise growth theory,an empirical test was conducted on the regulatory effect of artificial intelligence technology on enterprise growth,focusing on the scientific issue of the effect of artificial intelligence technology development on enteiprise growth.In further analysis,the sample was divided into sample studies based on the size of the enterprise,the country it belongs to,and the development stage.Research shows that,firstly,the development level of artificial intelligence technology has significantly improved the business performance and value performance of enterprises.Secondly,enterprises with strong absorption capacity are more able to effectively utilize artificial intelligence technology development to promote enterprise growth.The moderating effect of organizational redundancy resources on the impact mechanism of artificial intelligence technology development and enterprise growth is not significant.Thirdly,in small-scale enterprises,the growth effect of artificial intelligence technology development is more significant;In developing countries,the development of artificial intelligence technology has effectively promoted the growth of enterprises.In developed countries,it negatively regulates the operational performance of enterprises and has no significant impact on their value performance;The development of artificial intelligence technology only has a significant positive impact on business performance and value performance during the growth stage,but has no significant impact during the incubation stage.This study is based on the theory of enterprise growth and resourcebased theory,and introduces artificial intelligence technology development into the previous research paradigm of information technology affecting enterprise growth.It deepens the relevant research on the impact of enabling technology on enterprise growth,making the explanation of relevant theories more relevant to situational factors.This provides theoretical guidance and decision-making reference for enterprises to fully utilize the development effectiveness of artificial intelligence technology based on their own capabilities and attributes,and external environment,in order to promote the growth of short-term financial revenue and long-term growth potential of enterprises.This study helps to promote the deep integration of artificial intelligence technology and the real economy,thereby promoting the more effective implementation of national strategies for artificial intelligence in enterprises.