36 Questions
What is the focus of the research paper?
The emergence of AI startups and their business models
How many archetypal business model patterns are derived from the sample of 100 AI startups?
Four
What is one of the archetypal business model patterns derived from the sample of 100 AI startups?
Data Analytics Provider
According to recent research, what is the novelty of AI startup business models questioned in the study?
The novelty of AI technology
What is the main technology used by the AI-charged Product/Service Provider business model pattern?
Artificial Intelligence
When was the research paper published online?
13 December 2021
What is the focal business logic of a firm according to Teece (2010)?
Successful commercialization of any technology
What does AI technology refer to?
A broad suite of techniques that gives machines the ability to perform cognitive functions associated with human minds.
What do economists predict about the use of AI technology?
It will lead to new products, services, and business models.
Why is it indispensable for startups to find an appropriate business model?
To ensure their long-term performance and survival
What does the study aim to contribute to our understanding of AI startup business models?
Identifying their key characteristics and common instantiations
What does the term 'AI startup business models' refer to in the context of the article?
Business models developed specifically for launching AI products or services
What is the purpose of the research described in the text?
To develop a taxonomy for AI startups and examine their distinctive business model aspects
What method was used to develop the taxonomy for AI startups?
Taxonomy development method proposed by Nickerson et al. (2013)
What is the significance of the hierarchical cluster analysis mentioned in the text?
To derive archetypal business model patterns for AI startups
What is the term 'Artificial Intelligence' commonly associated with?
Machines demonstrating rational thinking and human-like actions
What does the term 'business model' primarily describe?
The business logic and value proposition offered by a firm
What is machine learning commonly associated with?
Improving machines through experience and analyzing patterns
What are the three archetypes of business models distinguished by Wiener et al. (2020)?
Data users, data suppliers, data facilitators
How did Garbuio and Lin (2019) categorize AI startups' business model archetypes?
Startups that provide information and startups that aim at connecting multiple parties
What is one way AI technology is used in the healthcare industry?
To detect diseases like cancer and to enhance patient lifestyle management
What is one potential risk introduced into the business model when using AI technology?
Biased or wrong decisions made by AI solutions
How many AI startups are included in the case base developed in this study?
100
What is one way AI technology can be used in the legal industry?
To automate routine tasks and assist with nonroutine tasks
What is the purpose of using Crunchbase in the research?
To identify the startups and serve as a valuable source
Why did the researchers filter for startups that have a stable operating status and received over 1 million USD funding?
To ensure that sample includes established startups with a defined business model
What led to the reduction of the startup sample to 8076 AI-associated startups?
Extracting all startups from Crunchbase using specific terms
What was the purpose of using multiple data sources to collect detailed information on each startup?
To reduce potential bias from one source
What was the meta-characteristic used to classify AI startups?
'The conceptual representation of a business model'
What were the ending conditions for the taxonomy development method?
'Representative sample of AI startup business models'
What is the purpose of using the business model canvas in the research?
To structure the new field of business models
What was the outcome of applying the taxonomy to the sample of 100 AI startups?
All AI startups were successfully classified using the taxonomy
Why are patterns considered popular artifacts in business model research?
To represent an abstraction from proven real-world business models
What method was used to derive business model patterns from the sample of 100 AI startups?
Quantitative Cluster Analysis
What does the taxonomy for AI startups aim to achieve?
To establish a typology that links to venture growth outcomes
Why did the researchers apply an empirical-to-conceptual approach in developing the taxonomy?
To derive common characteristics from objects that are similar and can be grouped
Explore the role of Information Technology (IT) and Artificial Intelligence (AI) in startups, including their operations, customer interface, and offered products or services. Delve into the ways IT can alter and enable new business models, as discussed in the study.
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