Knowledge as Output and as Input : Artificial Intelligence and Quantum Computing

This paper explores the contributions of Artificial Intelligence (AI) and Quantum Computing (QC) knowledge capital to the production of knowledge and the produc- tion of output within firms. Using the Artificial Intelligence Patent Dataset from the USPTO, the study matches AI and QC patents with firm R&D and output data from the CRSP/Compustat Merged database to quantify the AI and QC knowledge adoption and the impact of these forms of knowledge capital on firms. The findings indicate that both AI and QC knowledge stocks are positively associated with their own knowledge production, with QC knowledge stocks positively associated with AI innovation but not vice versa. The impact of the two forms of knowledge capital on firm productivity and growth differs, with AI potentially positively correlating with firm output while QC is more of an investment not impacting output immediately