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AI Startup Business Models

dc.contributor.authorWeber, Michael
dc.contributor.authorBeutter, Moritz
dc.contributor.authorWeking, Jörg
dc.contributor.authorBöhm, Markus
dc.contributor.authorKrcmar, Helmut
dc.date.accessioned2022-03-05T10:26:41Z
dc.date.available2022-03-05T10:26:41Z
dc.date.issued2022
dc.description.abstractWe currently observe the rapid emergence of startups that use Artificial Intelligence (AI) as part of their business model. While recent research suggests that AI startups employ novel or different business models, one could argue that AI technology has been used in business models for a long time already—questioning the novelty of those business models. Therefore, this study investigates how AI startup business models potentially differ from common IT-related business models. First, a business model taxonomy of AI startups is developed from a sample of 100 AI startups and four archetypal business model patterns are derived: AI-charged Product/Service Provider, AI Development Facilitator, Data Analytics Provider, and Deep Tech Researcher. Second, drawing on this descriptive analysis, three distinctive aspects of AI startup business models are discussed: (1) new value propositions through AI capabilities, (2) different roles of data for value creation, and (3) the impact of AI technology on the overall business logic. This study contributes to our fundamental understanding of AI startup business models by identifying their key characteristics, common instantiations, and distinctive aspects. Furthermore, this study proposes promising directions for future entrepreneurship research. For practice, the taxonomy and patterns serve as structured tools to support entrepreneurial action.de
dc.identifier.doi10.1007/s12599-021-00732-w
dc.identifier.pissn1867-0202
dc.identifier.urihttp://dx.doi.org/10.1007/s12599-021-00732-w
dc.identifier.urihttps://dl.gi.de/handle/20.500.12116/38467
dc.publisherSpringer
dc.relation.ispartofBusiness & Information Systems Engineering: Vol. 64, No. 1
dc.relation.ispartofseriesBusiness & Information Systems Engineering
dc.subjectArtificial intelligence
dc.subjectBusiness model
dc.subjectEntrepreneurship
dc.subjectMachine learning
dc.subjectPattern
dc.subjectTaxonomy
dc.titleAI Startup Business Modelsde
dc.typeText/Journal Article
gi.citation.endPage109
gi.citation.startPage91

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