Physician Entrepreneurs and AI Technology: An In-depth Study of Knowledge, Competence, Adoption, and Sustainability in the GCC Region
Abstract
In recent years, the usage of artificial intelligence (AI) has grown significantly, and its implementation is now widespread across all industries worldwide. In terms of finances, the business sector is aware of the importance of AI in healthcare. Physician entrepreneurship is a familiar idea that has developed over time. Doctors who are also entrepreneurs have broadened their areas of expertise and taken on more primary clinical duties. This study aims to assess the knowledge, competency, adaptability, and sustainability of artificial intelligence (AI) technology among physician entrepreneurs in GCC nations. This study will focus on how AI technology is used in the healthcare industry.A sample of 220 respondents will be used in this study's survey. Out of the 220 participants, 152 males (69.09%) and68 females (30.9%) were included in the study. Based on the results of the structural equation model, competence, adaptability, and sustainability contribute to artificial intelligence and have a significant positive impact. After analyzing the interview responses, it is clear that incorporating AI into a company demands a considerable investment in employees, technology, and software. This study focused on how well physician entrepreneurs understand, use, and maintain artificial intelligence regarding knowledge, competency, adaptability, and sustainability. However, comparative research was conducted only for developed countries with similar or different settings.
References
- Aljubran, M., Nwosu, C., Okoroafor, E., Ochie, K., Smith, C., & Gudmundsdottir, H. (2022). Recent Trends in Artificial Intelligence for Subsurface Geothermal Applications.
- Greenblatt, W. H. (2021). Proportion, Type, and Characteristics of Physician Entrepreneurship in assachusetts. JAMA Network Open, 4(1), e2026938. https://doi.org/10.1001/jamanetworkopen.2020.269 38
- Hanafi, M. M., Kshetri, N., & Sharma, R. (2021a). Economics of Artificial Intelligence in the Gulf Cooperation Council Countries. Computer, 54(12), 92– 98. https://doi.org/10.1109/MC.2021.3113094
- Hanafi, M. M., Kshetri, N., & Sharma, R. (2021b). Economics of Artificial Intelligence in the Gulf Cooperation Council Countries. Computer, 54(12), 92– 98. https://doi.org/10.1109/MC.2021.3113094
- Iqbal, M. J., Javed, Z., Sadia, H., Qureshi, I. A., Irshad, A., Ahmed, R., Malik, K., Raza, S., Abbas, A., Pezzani, R., & Sharifi-Rad, J. (2021). Clinical applications of artificial intelligence and machine learning in cancer diagnosis: Looking into the future. Cancer Cell International, 21(1), 270. https://doi.org/10.1186/s12935-021-01981-1
- Aljubran, M., Nwosu, C., Okoroafor, E., Ochie, K., Smith, C., & Gudmundsdottir, H. (2022). Recent Trends in Artificial Intelligence for Subsurface Geothermal Applications.
- Greenblatt, W. H. (2021). Proportion, Type, and Characteristics of Physician Entrepreneurship in assachusetts. JAMA Network Open, 4(1), e2026938. https://doi.org/10.1001/jamanetworkopen.2020.269 38
- Hanafi, M. M., Kshetri, N., & Sharma, R. (2021a). Economics of Artificial Intelligence in the Gulf Cooperation Council Countries. Computer, 54(12), 92– 98. https://doi.org/10.1109/MC.2021.3113094
- Hanafi, M. M., Kshetri, N., & Sharma, R. (2021b). Economics of Artificial Intelligence in the Gulf Cooperation Council Countries. Computer, 54(12), 92– 98. https://doi.org/10.1109/MC.2021.3113094
- Iqbal, M. J., Javed, Z., Sadia, H., Qureshi, I. A., Irshad, A., Ahmed, R., Malik, K., Raza, S., Abbas, A., Pezzani, R., & Sharifi-Rad, J. (2021). Clinical applications of artificial intelligence and machine learning in cancer diagnosis: Looking into the future. Cancer Cell International, 21(1), 270. https://doi.org/10.1186/s12935-021-01981-1
- Joiner, I. A. (2018). Chapter 1 - Artificial Intelligence: AI is Nearby. In I. A. Joiner (Ed.), Emerging Library Technologies (pp. 1–22). Chandos Publishing. https://doi.org/10.1016/B978-0-08- 102253-5.00002-2
- Koelewijn, W. T., de Rover, M., Ehrenhard, M. L., & van Harten, W. H. (2014). Physician’ entrepreneurship explained: A case study of intra- organizational dynamics in Dutch hospitals and specialty clinics. Human Resources for Health, 12, 28. https://doi.org/10.1186/1478-4491-12-28
- Mijwil, M. M., & Abttan, R. A. (2021). Artificial Intelligence: A Survey on Evolution and Future Trends. Asian Journal of Applied Sciences, 9(2), Article 2. https://doi.org/10.24203/ajas.v9i2.6589 PricewaterhouseCoopers. (2022). How AI can enable a sustainable future. PwC. https://www.pwc.co.uk/services/sustainability- climatechange/insights/how-ai-future-can-enable- sustainablefuture.html
- Ringle, Christian M., Wende, Sven, Becker, & JanMichael. (2022). Smart PLS (SmartPLS 4) [Computer software]. Smart PLS. Takyar, A. (2019, August 2). AI Use Cases & Applications Across Major industries. LeewayHertz - AIDevelopment Company. https://www.leewayhertz.com/ai-use-cases-andapplications/
- Battle, C. (2021). 'Physician Entrepreneurship: Understanding Medical Startups from Ideation, Innovation to IPO'. Available [Online] at: https://papers.ssrn.com/abstract=3944730. [Last accessed 21 September 2022].
- Sayeed, D.I. (2020). 'Rise of the Physician Entrepreneur'. Medium. Available [Online] at: https://ismailsayeed.medium.com/rise-ofthe- physician-entrepreneur-6c56aaeb75e2. [Last accessed 21 September 2022].
- Iqbal, M.J., Javed, Z., Sadia, H., Qureshi, I.A., Irshad, A., Ahmed, R., Malik, K., Raza, S., Abbas, A., Pezzani, R. and Sharifi-Rad, J. (2021). 'Clinical applications of artificial intelligence and machine learning in cancer diagnosis: looking into the future'. Cancer Cell International, 21 (1), p.270.
- Mosadeghrad, A.M. (2014). 'Factors influencing healthcare service quality'. International Journal of Health Policy and Management, 3 (2), pp.77–89. Mijwil, M.M. and Abttan, R.A. (2021). 'Artificial Intelligence: A Survey on Evolution and Future Trends'. Asian Journal of Applied Sciences, 9 (2). Available [Online] at: https://www.ajouronline.com/index.php/AJAS/artic le/view/6589. [Last accessed 5 May 2023].
- Lu, Y. (2019). 'Artificial intelligence: a survey on evolution, models, applications and future trends'. Journal of Management Analytics, 6 (1), pp.1–29. Thakur, N. (2023). 'The differences between Data Science, Artificial Intelligence, Machine Learning, and Deep Learning' [Internet]. Available [Online] at: https://ai.plainenglish.io/data-science-vs-artificialintelligence-vs-machine-learning-vs-deep-learning50d3718d51e5. [Last accessed 13 May 2023].
- Takyar, A. (2019). 'AI Use Cases & Applications Across Major industries' [Internet]. Available [Online] at: https://www.leewayhertz.com/ai-use-cases-andapplications/. [Last accessed 22 May 2023]
- Hair, J.F., Sarstedt, M., Ringle, C.M. and Mena, J.A. (2012). 'An assessment of the use of partial least squares structural equation modeling in marketing research'. Journal of the Academy of Marketing Science, 40 (3), pp.414–433
- Diwakar, A. (2019). 'Impact of Artificial Intelligence in the GCC | Global Risk Intel' [Internet]. Available [Online] at: https://www.globalriskintel.com/insights/impactartificial-intelligence-gcc. [Last accessed 1 September 2022].
Downloads
Similar Articles
- Dr. Nashwa Aly Zaghamero, The Effect of Emotional Intelligence Skills on Leaders’ Performance: An Empirical Study Applied on Egyptian Public Universities , Emirati Journal of Business, Economics, & Social Studies: Vol. 3 No. 1 (2024): Emirati Journal of Business, Economics, & Social Studies
- Fawaz M. Habbal , H.E Dherar Belhoul Al Falasi , Tamima Mohammad ALNaiser , The role of Artificial Intelligence to Empower Public Services for Talent Attraction: A Comparative Analysis for the UAE , Emirati Journal of Business, Economics, & Social Studies: Vol. 3 No. 2 (2024): Emirati Journal of Business, Economics, & Social Studies
- Rachid El Oud, Anass Mekdad, Abderrahim Amedjar, Ahmed Lamalem, The impact of the introduction of telework on Moroccan employees , Emirati Journal of Business, Economics, & Social Studies: Vol. 2 No. 2 (2023): Emirati Journal of Business, Economics, & Social Studies
- Dr. Firas Habbal, H.E.Dherar Belhoul Al Falasi , Future Development Strategies to Enhance National Workforce Sustainability: A Comprehensive Review , Emirati Journal of Business, Economics, & Social Studies: Vol. 3 No. 1 (2024): Emirati Journal of Business, Economics, & Social Studies
- Anas El Azizi El Alaoui, Abdelali Fateh, The Geomarketing and the competitiveness of the spaces urban Morocco , Emirati Journal of Business, Economics, & Social Studies: Vol. 3 No. 1 (2024): Emirati Journal of Business, Economics, & Social Studies
- Firas Habbal, Analytics for Smart Keys Application and User Interface of Streaming Data , Emirati Journal of Business, Economics, & Social Studies: Vol. 1 No. 2 (2022): Emirati Journal of Business, Economics, & Social Studies
- AbdelAziz AlOwais, Dr. Farzana Mirb, The social, economic and environmental impacts of a 4-day workweek in an organization. , Emirati Journal of Business, Economics, & Social Studies: Vol. 2 No. 2 (2023): Emirati Journal of Business, Economics, & Social Studies
- Abubaker Mousa Eltoum, Aminurraasyid Yatiban, Rusdi Omar, Sustainability Reporting Practices in UAE Business Firms, the Society, and Stakeholders' Insights , Emirati Journal of Business, Economics, & Social Studies: Vol. 2 No. 1 (2023): Emirati Journal of Business, Economics, & Social Studies
- Abubaker Mousa Eltoum, Media sustainability coverage and its impact on CSR adoption in the business sector in Dubai , Emirati Journal of Business, Economics, & Social Studies: Vol. 3 No. 2 (2024): Emirati Journal of Business, Economics, & Social Studies
- Riktesh Srivastava, Identification Of Online Recruitment Fraud (ORF) Through Predictive Models , Emirati Journal of Business, Economics, & Social Studies: Vol. 1 No. 1 (2022): Emirati Journal of Business, Economics, & Social Studies
You may also start an advanced similarity search for this article.
Most read articles by the same author(s)
- Abdullah Radwan Arabeyyat, Reeman Aldweik, A Comprehensive Exploration of the Jordan Tourism Board's 2023 Strategic Planning, News, and Social Media , Emirati Journal of Business, Economics, & Social Studies: Vol. 3 No. 1 (2024): Emirati Journal of Business, Economics, & Social Studies
- AbdelAziz AlOwais, Dr. Farzana Mirb, The social, economic and environmental impacts of a 4-day workweek in an organization. , Emirati Journal of Business, Economics, & Social Studies: Vol. 2 No. 2 (2023): Emirati Journal of Business, Economics, & Social Studies
- Dr. Najmudeen Sulthan, Dr. Farjah H. AlGahtani, Moaid mahjoub, Dr. Mohammed Al-Surf, Dr.Sharfras Navas.M.A, Physician Entrepreneurs and AI Technology: An In-depth Study of Knowledge, Competence, Adoption, and Sustainability in the GCC Region , Emirati Journal of Business, Economics, & Social Studies: Vol. 2 No. 2 (2023): Emirati Journal of Business, Economics, & Social Studies
- Varinder Singh Rana, Ashish Raina, Gaurav Bathla, THE EFFECT OF SUSTAINABLE PRACTICES ON CUSTOMER ATTITUDE: A STUDY OF SUSTAINABLE HOSPITALITY OPERATIONS , Emirati Journal of Business, Economics, & Social Studies: Vol. 2 No. 1 (2023): Emirati Journal of Business, Economics, & Social Studies
- Prof. Assem Tharwat, Amer Hani Al-Qassem, Ms. Sunita Marwaha, THE IMPACT OF DIGITAL TRANSFORMATION READINESS TOWARDS THE NEW NORMALCY IN THE EDUCATION SYSTEM , Emirati Journal of Business, Economics, & Social Studies: Vol. 3 No. 1 (2024): Emirati Journal of Business, Economics, & Social Studies
- Fawaz M. Habbal , H.E Dherar Belhoul Al Falasi , Tamima Mohammad ALNaiser , The role of Artificial Intelligence to Empower Public Services for Talent Attraction: A Comparative Analysis for the UAE , Emirati Journal of Business, Economics, & Social Studies: Vol. 3 No. 2 (2024): Emirati Journal of Business, Economics, & Social Studies
- Hashem Ali Almashaqbeh, Challenges faced by foreign companies in Turkey due to volatility of the local currency , Emirati Journal of Business, Economics, & Social Studies: Vol. 2 No. 2 (2023): Emirati Journal of Business, Economics, & Social Studies
- Dr. Firas Habbal, H.E.Dherar Belhoul Al Falasi , Future Development Strategies to Enhance National Workforce Sustainability: A Comprehensive Review , Emirati Journal of Business, Economics, & Social Studies: Vol. 3 No. 1 (2024): Emirati Journal of Business, Economics, & Social Studies
- Sahil Uberoi, Do Markets react to Government and Stock Exchange-Disclosed ESG regulations and policies through Banks and Public Firms? , Emirati Journal of Business, Economics, & Social Studies: Vol. 2 No. 2 (2023): Emirati Journal of Business, Economics, & Social Studies
- Anas El Azizi El Alaoui, Abdelali Fateh, The Geomarketing and the competitiveness of the spaces urban Morocco , Emirati Journal of Business, Economics, & Social Studies: Vol. 3 No. 1 (2024): Emirati Journal of Business, Economics, & Social Studies