Open Innovation Ecosystems: Lessons from Shenzhen

The rapid adoption of generative AI (gen AI) in 2023 has ushered in a transformative era in various industries, as outlined by Jim Euchner in Research-Technology Management and further explored through various academic and professional articles. This column revisits gen AI’s integration into business strategies, emphasizing its evolution from experimental applications to a core strategic asset. The narrative culminates with perspectives on gen AI’s role in enhancing creativity and innovation, challenging leaders to leverage this technology to foster an adaptive, forward-looking business environment. This column encapsulates the ongoing journey of gen AI in transforming businesses, highlighting both the opportunities and the imperative for strategic and thoughtful implementation.