Artificial intelligence in the service of entrepreneurial finance: knowledge structure and the foundational algorithmic paradigm

Abstract The study conducts a bibliometric review of artificial intelligence applications in two areas: the entrepreneurial finance literature, and the corporate finance literature with implications for entrepreneurship. A rigorous search and screening of the web of science core collection identifie...

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Main Authors: Robert Kudelić, Tamara Šmaguc, Sherry Robinson
Format: Article
Language:English
Published: SpringerOpen 2025-02-01
Series:Financial Innovation
Subjects:
Online Access:https://doi.org/10.1186/s40854-025-00759-y
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author Robert Kudelić
Tamara Šmaguc
Sherry Robinson
author_facet Robert Kudelić
Tamara Šmaguc
Sherry Robinson
author_sort Robert Kudelić
collection DOAJ
description Abstract The study conducts a bibliometric review of artificial intelligence applications in two areas: the entrepreneurial finance literature, and the corporate finance literature with implications for entrepreneurship. A rigorous search and screening of the web of science core collection identified 1,890 journal articles for analysis. The bibliometrics provide a detailed view of the knowledge field, indicating underdeveloped research directions. An important contribution comes from insights through artificial intelligence methods in entrepreneurship. The results demonstrate a high representation of artificial neural networks, deep neural networks, and support vector machines across almost all identified topic niches. In contrast, applications of topic modeling, fuzzy neural networks, and growing hierarchical self-organizing maps are rare. Additionally, we take a broader view by addressing the problem of applying artificial intelligence in economic science. Specifically, we present the foundational paradigm and a bespoke demonstration of the Monte Carlo randomized algorithm.
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series Financial Innovation
spelling doaj-art-2afbf2ad41ac4c6dbf848600b8f2166c2025-02-09T12:51:12ZengSpringerOpenFinancial Innovation2199-47302025-02-0111114310.1186/s40854-025-00759-yArtificial intelligence in the service of entrepreneurial finance: knowledge structure and the foundational algorithmic paradigmRobert Kudelić0Tamara Šmaguc1Sherry Robinson2Faculty of Organization and Informatics, University of Zagreb Faculty of Organization and Informatics, University of Zagreb Penn State HazletonAbstract The study conducts a bibliometric review of artificial intelligence applications in two areas: the entrepreneurial finance literature, and the corporate finance literature with implications for entrepreneurship. A rigorous search and screening of the web of science core collection identified 1,890 journal articles for analysis. The bibliometrics provide a detailed view of the knowledge field, indicating underdeveloped research directions. An important contribution comes from insights through artificial intelligence methods in entrepreneurship. The results demonstrate a high representation of artificial neural networks, deep neural networks, and support vector machines across almost all identified topic niches. In contrast, applications of topic modeling, fuzzy neural networks, and growing hierarchical self-organizing maps are rare. Additionally, we take a broader view by addressing the problem of applying artificial intelligence in economic science. Specifically, we present the foundational paradigm and a bespoke demonstration of the Monte Carlo randomized algorithm.https://doi.org/10.1186/s40854-025-00759-yBibliometricsArtificial intelligenceEntrepreneurshipFinanceRandomized algorithm
spellingShingle Robert Kudelić
Tamara Šmaguc
Sherry Robinson
Artificial intelligence in the service of entrepreneurial finance: knowledge structure and the foundational algorithmic paradigm
Financial Innovation
Bibliometrics
Artificial intelligence
Entrepreneurship
Finance
Randomized algorithm
title Artificial intelligence in the service of entrepreneurial finance: knowledge structure and the foundational algorithmic paradigm
title_full Artificial intelligence in the service of entrepreneurial finance: knowledge structure and the foundational algorithmic paradigm
title_fullStr Artificial intelligence in the service of entrepreneurial finance: knowledge structure and the foundational algorithmic paradigm
title_full_unstemmed Artificial intelligence in the service of entrepreneurial finance: knowledge structure and the foundational algorithmic paradigm
title_short Artificial intelligence in the service of entrepreneurial finance: knowledge structure and the foundational algorithmic paradigm
title_sort artificial intelligence in the service of entrepreneurial finance knowledge structure and the foundational algorithmic paradigm
topic Bibliometrics
Artificial intelligence
Entrepreneurship
Finance
Randomized algorithm
url https://doi.org/10.1186/s40854-025-00759-y
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AT sherryrobinson artificialintelligenceintheserviceofentrepreneurialfinanceknowledgestructureandthefoundationalalgorithmicparadigm