Edited by Elias G. Carayannis, Professor of Science, Technology, Innovation and Entrepreneurship, School of Business, George Washington University, US and Evangelos Grigoroudis, Professor of Quality Management, School of Production Engineering and Management, Technical University of Crete, Greece

‘The Handbook is an extremely valuable resource for academics, policymakers, practitioners, and researchers interested in Science, Technology, Innovation, Entrepreneurship, Artificial Intelligence, Digital Transformation, and their impact on Industry, Labor, Democracy, and Education. It can also supplement graduate courses in Emerging Technologies, IS/IT Strategies, New Technologies, Innovation, and Entrepreneurship, New Ventures Financing, and Entrepreneurship.’

• Contents:Preface xxIntroduction to the Handbook of Research on Artificial Intelligence, Innovationand Entrepreneurship 1Elias G. Carayannis and Evangelos GrigoroudisPART I AI FOR BUSINESS1 Scientific mapping of artificial intelligence as an emerging field of knowledge 8Iván Manuel De la Vega Hernández, Angel Serrano Urdaneta and OscarSchiappa-Pietra2 An Odyssey of ideas about A.I., innovation and entrepreneur(ship) 29Phillip Harvard3 The future of business: artificial intelligence, machine learning anddeep learning 46Christos Lemonakis and Constantin Zopounidis4 Conversations with French innovative entrepreneurs about A.I. 55Phillip HarvardPART II DIGITAL TRANSFORMATION5 Digital transformation and digital maturity models: a blueprint strategicdecision-making framework 77Dimitrios Mitroulis and Fotis Kitsios6 AI and innovation design for new product and service development indigital ecosystems 88Rossana Piccolo, Veronica Scuotto, Armando Papa, Marco Pironti andManlio Del Giudice7 Explainability and the fourth AI revolution 102Loizos Michael8 Energy management 4.0 121Vangelis Marinakis, Haris Doukas and John PsarrasPART III DIGITAL ENTREPRENEURSHIP9 Digital innovation and entrepreneurship in open data ecosystems:stakeholder perspectives and challenges 136Fotis Kitsios and Maria Kamariotou10 Cognitive agility for improved understanding and self-governance:a human-centric AI enabler 152Benjamin James Knox, Stefan Sütterlin and Ricardo Lugo11 Artificial intelligence in the energy sector 173Alina Cherepovitsyna12 The cultural world of high-tech startups 188Giovanni Baldassarri and Piero FormicaPART IV DIGITAL BUSINESS MODELS AND INDUSTRY 4.013 The value creation of artificial intelligence: business models based onthe Internet of Things (IoT) 206Sakshi Aggarwal and Stavros Sindakis14 Implications of blockchain technology in Industry 4.0 218Georgios Spathoulas and Sokratis Katsikas15 Artificial intelligence and emerging technologies: exploringopportunities through smart specialisation 237Ruslan Rakhmatullin and Fatime Barbara HegyiPART V CYBER SECURITY16 Financial analysis and management of cyber risk 255Efstratios Livanis, Michalis Doumpos and Constantin Zopounidis17 The future of cyber risk management: AI and DLT for automated cyberrisk modelling, decision making, and risk transfer 272Pankaj Pandey and Sokratis KatsikasPART VI SMART CITIES18 Transformation of smart city public services through AI and big dataanalytics: towards universal cross-sector solutions 292Anastasia Panori, Christina Kakderi and Nicos Komninos19 The notion of interoperability in smart cities: a system of systems approach 308Pantelis Sotirelis, Theodora Valvi, Evangelos Grigoroudis and Elias G. Carayannis20 Landing the scientific helicopter to explore in-depth some best practicesin smart city innovation ecosystems 318Luís Farinha, João M. Lopes and João J. FerreiraPART VII SOCIETY AND THE DIGITAL TRANSFORMATION21 Evaluating citizen sensing applications: How simulation of humanmobility can contribute to the search of missing children 333Michalitsi-Psarrou Ariadni, Kanellou Eleni, Ntanos Christos and Askounis Dimitris22 Career options and necessary technical skills in AI 350Krassadaki Evangelia and Matsatsinis Nikolaos23 The impact of AI on expert labour and professions: a neo-traitistanalysis of project management 367Ian Stewart and Kun WangPART VIII AI AND DEMOCRACY24 From Industry 4.0 to Democracy 5.0 383David F.J. Campbell and Elias G. Carayannis25 Democratizing AI: from theory to practice 402Paul D. Clough and Jahna Otterbacher26 Digital transformation of democracy and politics: sustainabledevelopment as a crucial dimension for conceptualization andmeasurement of democracy and quality of democracy 420David F.J. Campbell and Elias G. CarayannisIndex

Edited by Elias G. Carayannis, Professor of Science, Technology, Innovation and Entrepreneurship, School of Business, George Washington University, US and Evangelos Grigoroudis, Professor of Quality Management, School of Production Engineering and Management, Technical University of Crete, Greece

‘The Handbook is an extremely valuable resource for academics, policymakers, practitioners, and researchers interested in Science, Technology, Innovation, Entrepreneurship, Artificial Intelligence, Digital Transformation, and their impact on Industry, Labor, Democracy, and Education. It can also supplement graduate courses in Emerging Technologies, IS/IT Strategies, New Technologies, Innovation, and Entrepreneurship, New Ventures Financing, and Entrepreneurship.’

• Contents:Preface xxIntroduction to the Handbook of Research on Artificial Intelligence, Innovationand Entrepreneurship 1Elias G. Carayannis and Evangelos GrigoroudisPART I AI FOR BUSINESS1 Scientific mapping of artificial intelligence as an emerging field of knowledge 8Iván Manuel De la Vega Hernández, Angel Serrano Urdaneta and OscarSchiappa-Pietra2 An Odyssey of ideas about A.I., innovation and entrepreneur(ship) 29Phillip Harvard3 The future of business: artificial intelligence, machine learning anddeep learning 46Christos Lemonakis and Constantin Zopounidis4 Conversations with French innovative entrepreneurs about A.I. 55Phillip HarvardPART II DIGITAL TRANSFORMATION5 Digital transformation and digital maturity models: a blueprint strategicdecision-making framework 77Dimitrios Mitroulis and Fotis Kitsios6 AI and innovation design for new product and service development indigital ecosystems 88Rossana Piccolo, Veronica Scuotto, Armando Papa, Marco Pironti andManlio Del Giudice7 Explainability and the fourth AI revolution 102Loizos Michael8 Energy management 4.0 121Vangelis Marinakis, Haris Doukas and John PsarrasPART III DIGITAL ENTREPRENEURSHIP9 Digital innovation and entrepreneurship in open data ecosystems:stakeholder perspectives and challenges 136Fotis Kitsios and Maria Kamariotou10 Cognitive agility for improved understanding and self-governance:a human-centric AI enabler 152Benjamin James Knox, Stefan Sütterlin and Ricardo Lugo11 Artificial intelligence in the energy sector 173Alina Cherepovitsyna12 The cultural world of high-tech startups 188Giovanni Baldassarri and Piero FormicaPART IV DIGITAL BUSINESS MODELS AND INDUSTRY 4.013 The value creation of artificial intelligence: business models based onthe Internet of Things (IoT) 206Sakshi Aggarwal and Stavros Sindakis14 Implications of blockchain technology in Industry 4.0 218Georgios Spathoulas and Sokratis Katsikas15 Artificial intelligence and emerging technologies: exploringopportunities through smart specialisation 237Ruslan Rakhmatullin and Fatime Barbara HegyiPART V CYBER SECURITY16 Financial analysis and management of cyber risk 255Efstratios Livanis, Michalis Doumpos and Constantin Zopounidis17 The future of cyber risk management: AI and DLT for automated cyberrisk modelling, decision making, and risk transfer 272Pankaj Pandey and Sokratis KatsikasPART VI SMART CITIES18 Transformation of smart city public services through AI and big dataanalytics: towards universal cross-sector solutions 292Anastasia Panori, Christina Kakderi and Nicos Komninos19 The notion of interoperability in smart cities: a system of systems approach 308Pantelis Sotirelis, Theodora Valvi, Evangelos Grigoroudis and Elias G. Carayannis20 Landing the scientific helicopter to explore in-depth some best practicesin smart city innovation ecosystems 318Luís Farinha, João M. Lopes and João J. FerreiraPART VII SOCIETY AND THE DIGITAL TRANSFORMATION21 Evaluating citizen sensing applications: How simulation of humanmobility can contribute to the search of missing children 333Michalitsi-Psarrou Ariadni, Kanellou Eleni, Ntanos Christos and Askounis Dimitris22 Career options and necessary technical skills in AI 350Krassadaki Evangelia and Matsatsinis Nikolaos23 The impact of AI on expert labour and professions: a neo-traitistanalysis of project management 367Ian Stewart and Kun WangPART VIII AI AND DEMOCRACY24 From Industry 4.0 to Democracy 5.0 383David F.J. Campbell and Elias G. Carayannis25 Democratizing AI: from theory to practice 402Paul D. Clough and Jahna Otterbacher26 Digital transformation of democracy and politics: sustainabledevelopment as a crucial dimension for conceptualization andmeasurement of democracy and quality of democracy 420David F.J. Campbell and Elias G. CarayannisIndex

Edited by Elias G. Carayannis, Professor of Science, Technology, Innovation and Entrepreneurship, School of Business, George Washington University, US and Evangelos Grigoroudis, Professor of Quality Management, School of Production Engineering and Management, Technical University of Crete, Greece

‘The Handbook is an extremely valuable resource for academics, policymakers, practitioners, and researchers interested in Science, Technology, Innovation, Entrepreneurship, Artificial Intelligence, Digital Transformation, and their impact on Industry, Labor, Democracy, and Education. It can also supplement graduate courses in Emerging Technologies, IS/IT Strategies, New Technologies, Innovation, and Entrepreneurship, New Ventures Financing, and Entrepreneurship.’

• Contents:Preface xxIntroduction to the Handbook of Research on Artificial Intelligence, Innovationand Entrepreneurship 1Elias G. Carayannis and Evangelos GrigoroudisPART I AI FOR BUSINESS1 Scientific mapping of artificial intelligence as an emerging field of knowledge 8Iván Manuel De la Vega Hernández, Angel Serrano Urdaneta and OscarSchiappa-Pietra2 An Odyssey of ideas about A.I., innovation and entrepreneur(ship) 29Phillip Harvard3 The future of business: artificial intelligence, machine learning anddeep learning 46Christos Lemonakis and Constantin Zopounidis4 Conversations with French innovative entrepreneurs about A.I. 55Phillip HarvardPART II DIGITAL TRANSFORMATION5 Digital transformation and digital maturity models: a blueprint strategicdecision-making framework 77Dimitrios Mitroulis and Fotis Kitsios6 AI and innovation design for new product and service development indigital ecosystems 88Rossana Piccolo, Veronica Scuotto, Armando Papa, Marco Pironti andManlio Del Giudice7 Explainability and the fourth AI revolution 102Loizos Michael8 Energy management 4.0 121Vangelis Marinakis, Haris Doukas and John PsarrasPART III DIGITAL ENTREPRENEURSHIP9 Digital innovation and entrepreneurship in open data ecosystems:stakeholder perspectives and challenges 136Fotis Kitsios and Maria Kamariotou10 Cognitive agility for improved understanding and self-governance:a human-centric AI enabler 152Benjamin James Knox, Stefan Sütterlin and Ricardo Lugo11 Artificial intelligence in the energy sector 173Alina Cherepovitsyna12 The cultural world of high-tech startups 188Giovanni Baldassarri and Piero FormicaPART IV DIGITAL BUSINESS MODELS AND INDUSTRY 4.013 The value creation of artificial intelligence: business models based onthe Internet of Things (IoT) 206Sakshi Aggarwal and Stavros Sindakis14 Implications of blockchain technology in Industry 4.0 218Georgios Spathoulas and Sokratis Katsikas15 Artificial intelligence and emerging technologies: exploringopportunities through smart specialisation 237Ruslan Rakhmatullin and Fatime Barbara HegyiPART V CYBER SECURITY16 Financial analysis and management of cyber risk 255Efstratios Livanis, Michalis Doumpos and Constantin Zopounidis17 The future of cyber risk management: AI and DLT for automated cyberrisk modelling, decision making, and risk transfer 272Pankaj Pandey and Sokratis KatsikasPART VI SMART CITIES18 Transformation of smart city public services through AI and big dataanalytics: towards universal cross-sector solutions 292Anastasia Panori, Christina Kakderi and Nicos Komninos19 The notion of interoperability in smart cities: a system of systems approach 308Pantelis Sotirelis, Theodora Valvi, Evangelos Grigoroudis and Elias G. Carayannis20 Landing the scientific helicopter to explore in-depth some best practicesin smart city innovation ecosystems 318Luís Farinha, João M. Lopes and João J. FerreiraPART VII SOCIETY AND THE DIGITAL TRANSFORMATION21 Evaluating citizen sensing applications: How simulation of humanmobility can contribute to the search of missing children 333Michalitsi-Psarrou Ariadni, Kanellou Eleni, Ntanos Christos and Askounis Dimitris22 Career options and necessary technical skills in AI 350Krassadaki Evangelia and Matsatsinis Nikolaos23 The impact of AI on expert labour and professions: a neo-traitistanalysis of project management 367Ian Stewart and Kun WangPART VIII AI AND DEMOCRACY24 From Industry 4.0 to Democracy 5.0 383David F.J. Campbell and Elias G. Carayannis25 Democratizing AI: from theory to practice 402Paul D. Clough and Jahna Otterbacher26 Digital transformation of democracy and politics: sustainabledevelopment as a crucial dimension for conceptualization andmeasurement of democracy and quality of democracy 420David F.J. Campbell and Elias G. CarayannisIndex