Adoption of Artificial Intelligence in Small and Medium-Sized Enterprises in Spain: The Role of Competences and Skills

This article explores the determinants of the adoption of artificial intelligence (AI) in small and medium-sized enterprises (SMEs) with special attention to the impact of competencies and skills.The research was based on data from a representative sample of SMEs in Spain and used logistic regression econometric analysis.Additionally, the study applied an innovative AI technique, Generative Adversarial Networks (GANs), to balance the data set.The findings indicate that SMEs whose business owners / managers have university degrees or high levels of professional training, those with information technology (IT) experts among their staff, and those providing IT-related training for employees are all more likely to adopt AI.Furthermore, SMEs equipped with management skills in Enterprise Resource Planning (ERP) systems and marketing analytics tools, and SMEs engaged in collaboration with universities and research centres, demonstrate a greater propensity to integrate AI into their operations.The implications of these findings are significant for both business management and public policy.From a managerial perspective, the results underscore the importance of investing in training programmes and initiatives aimed at upgrading the skill set of employees and managers to effectively use AI in business operations.On the policy front, the conclusions suggest an active role for public administrations in promoting the adoption of AI among SMEs by designing initiatives focused on improving key digital competencies.

Authors

Publication Details

Journal
Amfiteatru Economic
Published
2024-08-01
DOI
https://doi.org/10.24818/ea/2024/67/848
Citations
11
Primary Topic
Digital Transformation in Industry
Type
article
Field-Weighted Citation Impact
3.84

Funders

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article

Adoption of Artificial Intelligence in Small and Medium-Sized Enterprises in Spain: The Role of Competences and Skills

África Ruiz Gándara, Luis González Abril, Isidoro Romero, Mammadov Huseyn
11 citations
Amfiteatru Economic
Digital Transformation in Industry
3.84
article

Adoption of Artificial Intelligence in Small and Medium-Sized Enterprises in Spain: The Role of Competences and Skills

África Ruiz Gándara, Luis González Abril, Isidoro Romero, Mammadov Huseyn
article en
11 citations

Abstract

This article explores the determinants of the adoption of artificial intelligence (AI) in small and medium-sized enterprises (SMEs) with special attention to the impact of competencies and skills.The research was based on data from a representative sample of SMEs in Spain and used logistic regression econometric analysis.Additionally, the study applied an innovative AI technique, Generative Adversarial Networks (GANs), to balance the data set.The findings indicate that SMEs whose business owners / managers have university degrees or high levels of professional training, those with information technology (IT) experts among their staff, and those providing IT-related training for employees are all more likely to adopt AI.Furthermore, SMEs equipped with management skills in Enterprise Resource Planning (ERP) systems and marketing analytics tools, and SMEs engaged in collaboration with universities and research centres, demonstrate a greater propensity to integrate AI into their operations.The implications of these findings are significant for both business management and public policy.From a managerial perspective, the results underscore the importance of investing in training programmes and initiatives aimed at upgrading the skill set of employees and managers to effectively use AI in business operations.On the policy front, the conclusions suggest an active role for public administrations in promoting the adoption of AI among SMEs by designing initiatives focused on improving key digital competencies.

Amfiteatru EconomicVol. 26(67)
European Commission, European Regional Development Fund, Agencia Estatal de Investigación
Decent work and economic growth
Openalex Percentile: Top 7%
Digital Transformation in Industry
3.84
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Adoption of Artificial Intelligence in Small and Medium-Sized Enterprises in Spain: The Role of Competences and Skills — África Ruiz Gándara, Luis González Abril, et al. · Amfiteatru Economic (2024) | TGRS Research Map | TGRS