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Leveraging AI to Ignite Innovation in Small and Medium Enterprises: Challenges and Opportunities

Year: 2025

Type: article

Abstract: Small and medium enterprises (SMEs) form the backbone of many economies, yet they often struggle to remain competitive and innovative under resource constraints. Rapid advances in artificial intelligence (AI) offer fresh possibilities for SMEs to transform their operations, discover untapped market segments, and foster resilient business models. AI tools can enhance decision-making and reduce operational inefficiencies, from automating repetitive processes to generating predictive insights. At the same time, ethical considerations and data privacy concerns underscore the importance of implementing AI responsibly. By embracing cross-sector collaboration, developing robust training programs, and advocating for supportive policy frameworks, SMEs can harness AI’s immense potential without compromising social values or organizational integrity. This paper highlights both the opportunities and challenges AI poses, proposing actionable strategies that enable SMEs to drive sustainable, inclusive growth.

Source: Journal of Current Social Issues Studies

DOI: 10.71113/jcsis.v2i3.159

Authors: Peiqian Wu, Yingze Zhu, Wenli Chen, Yongchao Du

Institutions: Anhui Normal University, East China Normal University, Shaanxi Normal University

Language: English

Topic: Artificial Intelligence Applications

Subfield: Artificial Intelligence

Field: Computer Science

Domain: Physical Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: hybrid

OpenAlex ID: W4408217492

FWCI: 0.825

Cites: 22

Cited by: 2

Related to: 10