Approaching Artificial Intelligence in business and economics research: a bibliometric panorama (1966–2020)

Abstract

ABSTRACT This study takes stock of business and economics research on Artificial Intelligence (AI) and provides a dynamic panorama of the overall knowledge structure of this ever-growing body of work ever since its inception in 1966. Our bibliometric analysis based on the full archive of 1024 studies identifies the main trends of and the major intellectual contributors to the extant knowledge of AI in business and economics research. Specifically, our results show that (1) AI-focused business and economics research wintnessed growth over three stages, particularly with a sharp increase after 2017. (2) While this body of research has gained tremendous momentum across the globe, the United States is by far the center of knowledge generation. (3) Research collaborations are still limited in this area. (4) Research topics flourished, ranging from early decision support systems, neural networks, and scheduling methods to more recent machine learning, automation, and big data. This study also identifies fruitful avenues for further business and economics research with an AI focus.