The Economic Value Of SMEs Investing In AI

Inha, OECD Discuss SME AI Transition

▲ Participants in the Joint Workshop on the Digital and AI Transformation of SMEs pose for a commemorative photo. The Small Business Economic Ecosystem Research Center at Inha University recently held a joint workshop titled “Digital and AI Transformation in SMEs” together with the OECD Centre for Entrepreneurship, SMEs, Regions and Cities (OECD CFE) and the KDI School of Public Policy and Management. The workshop was organized to strengthen res…

The Economic Value Of SMEs Investing In AI

Small and medium-sized enterprises (SMEs) have long been the backbone of Europe’s economy, accounting for most jobs and companies across the continent. Yet when it comes to digital transformation, these smaller outfits have often lagged behind their larger rivals. Now research suggests that adopting artificial intelligence—particularly in combination with complementary technologies—can significantly boost their growth. A study of more than 11,00…