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dc.titleThe Diffusion of Artificial Intelligence in an Emerging Economy: Evidence at the Firm Level in Colombia
dc.contributor.authorHerrera Giraldo, Magaly Faride
dc.contributor.authorGallego, Juan Miguel
dc.contributor.authorGutiérrez, Hernando
dc.contributor.authorVargas, Fernando
dc.contributor.authorPereira, Mariano
dc.contributor.orgunitCompetitiveness, Technology and Innovation Division
dc.contributor.orgunitInstitutions for Development Sector
dc.coverageColombia
dc.coverageLatin America
dc.date.available2024-12-13T00:12:00
dc.date.issue2024-12-13T00:12:00
dc.description.abstractArtificial intelligence (AI) has the potential to revolutionize industries throughout the world, offering new opportunities for innovation and efficiency. As with other new technologies, its diffusion is expected to be uneven among different countries, sectors, and firms. Studying this phenomenon is difficult in Latin America and the Caribbean (LAC) because information regarding AI adoption in the region is minimal. This study addresses this gap by offering the first exhaustive characterization of AI adoption among Colombian manufacturing firms. We constructed a panel dataset of 12,765 industrial firms for 2019 and 2020 by pooling three national statistical surveys. This reveals that 6 percent of manufacturing firms have adopted some form of AI, representing around 50 percent of the adoption rate in the U.S. manufacturing sector. The results show that adoption is heterogeneous among sub-sectors and regions. Similar to that observed in other high-income countries, the largest firms are much more likely to adopt AI. Younger firms are especially active in developing AI technologies. The findings also highlight the key role of complementary assets, such as managerial and innovation capacities, in deciding whether to adopt AI. This study yields novel results regarding technological development in the Colombian manufacturing sector and provides a basis for policy interventions to promote the adoption of AI.
dc.format.extent37
dc.identifier.doihttp://dx.doi.org/10.18235/0013325
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-Diffusion-of-Artificial-Intelligence-in-an-Emerging-Economy-Evidence-at-the-Firm-Level-in-Colombia.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Certificación-internacional-de-calidad-¿Señalizando-a-quién-Impacto-en-el-desempeño-de-empresas-en-Argentina.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.relation.seriesImpact Evaluations
dc.subjectArtificial Intelligence
dc.subjectSmall Business
dc.subjectScience and Technology
dc.subjectManufacturing Industry
dc.subjectInnovation
dc.subjectInformation and Communication Technology
dc.subjectRating
dc.subjectInnovation Strategy
dc.subjectDebtor Finance
dc.subjectLabor Force
dc.subjectUrban Innovation
dc.subjectSocial Innovation
dc.subjectEmerging Market
dc.subject.jelcodeD22 - Firm Behavior: Empirical Analysis
dc.subject.jelcodeL60 - Industry Studies: Manufacturing: General
dc.subject.jelcodeO33 - Technological Change: Choices and Consequences • Diffusion Processes
dc.subject.keywordsartificial intelligence;Manufacturing Industry;Technology adoption
idb.identifier.pubnumberIDB-TN-03067
idb.operationRG-T3723
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