Firm maturity, AI adoption, and financial performance in Finnish service firms

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Authors: Farid Lolo, Marko Torkkeli, Adeel Tariq
Cited by: 1

Abstract

Firm maturity shapes artificial intelligence (AI) adoption and its influence on financial performance in service firms.This research examines the relationship between firm maturity and AI adoption; furthermore, it examines the impact of AI adoption on firm performance.Results find that firm maturity is linked to pursuing incremental, efficiency-driven AI integration; thus, firm maturity is linked with AI adoption.Additionally, AI adoption is not linked with improved returns on assets (ROA) or equity (ROE).This research adds to the knowledge by examining the relationship between firm maturity and AI adoption, which is novel to the best of the authors' knowledge.It also added to the knowledge by re-examining the relationship between AI adoption and firm performance measures.

Fields of Study & Subjects

Firm Innovation and Growth Innovation and Knowledge Management Customer churn and segmentation

Publication details

Journal / source
International Journal of Generative Artificial Intelligence in Business
Publisher
Inderscience Publishers
Volume
1
Issue
1/2
Pages
52–64
Publication date
1 January 2026
Language
EN