1 Introduction 2

2 Literature and Theoretical Motivation 5

3 Data 9

  3.1 Adoption of AI and other technologies 11

  3.2 Measuring management practices and organisational structure 13

  3.3 Other variables 15

  3.4 Intangible capital 15

  3.5 Descriptive statistics 16

4 Empirical strategy 19

  4.1 Robustness tests 20

5 Results 21

  5.1 Links between management and AI adoption 24

  5.2 Robustness checks 30

6 Discussion 30

7 Policy implications 33

8 Concluding remarks 34