Volume 1, Issue 1, January 2022
Articles

Artificial Intelligence's Role in the Growth of Entrepreneurship Development

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  • Shanmugam Sundararajan
Shanmugam Sundararajan
Associate Professor in Business Management Skyline University, Kano, Nigeria -700225
DOI: https://doi.org/10.59176/kjms.v1i1.2200

Published 2022-04-01

Keywords

  • Artificial Intelligence, AI, Innovation, Startup, Smart Entrepreneurship, SMART, Business.

How to Cite

Sundararajan, S. (2022). Artificial Intelligence’s Role in the Growth of Entrepreneurship Development. Kristu Jayanti Journal of Management Sciences (KJMS), 1(1), 38–48. https://doi.org/10.59176/kjms.v1i1.2200
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Abstract

Innovation is also an essential part of a business start-up process. Many new ventures grow around a creative idea or a decision to put a new company model on the market. Spontaneously, some revolutionary innovations arise, but most commonly, they emerge out of a deliberately designed and organised phase of the invention. They will need a detailed strategic strategy to bring one's designs to fruition and funding to help users design, test, and sell the inventions. To minimise operating costs, improve performance, increase sales and enhance customer service, many organisations use artificial intelligence (AI) technologies. Businesses should consider putting the entire range of intelligent technology into their systems and goods, including artificial learning, natural language processing and more, for the maximum gain. Also, companies that are new to AI, though, will reap big rewards.

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