Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)

Utilizing Large Language Models to Boost Innovative Research and Development in Enterprises

Authors
Jinqi Chu1, Yongjin Zhang1, Chongxiao Qu1, Changjun Fan1, *, Guiwu Xie1, Shuo Liu1, Lixian Yu1
1The 52Nd Research Institute of China Electronics Technology Group Corporation, Hangzhou, 311000, China
*Corresponding author. Email: cethiker@126.com
Corresponding Author
Changjun Fan
Available Online 2 September 2024.
DOI
10.2991/978-94-6463-506-5_43How to use a DOI?
Keywords
large language models; corporate research and development; Transformer; ChatGPT
Abstract

With the advancement of large language models like ChatGPT, harnessing these technologies for fostering innovation and research & development (R&D) has emerged as an important exploratory practice for enterprises. This paper offers an in-depth analysis of the extensive applications of large language models within the sphere of corporate innovation and R&D, highlighting their remarkable capabilities in facilitating knowledge acquisition, enhancing emotional comprehension, generating creative ideas, and boosting the efficiency of R&D teams. Additionally, the paper discusses certain limitations associated with large language models, including challenges in assessing the reliability of generated content and a deficiency in domain-specific knowledge. Building on these insights, we advocate for enterprises to adopt a hybrid approach, integrating human expertise with large language models to maximize the collaborative benefits. Through comprehensive analysis and discussion, this paper aims to provide substantial guidance and reference for effectively applying large language models in innovative R&D, which makes it a valuable experience for enterprises exploring this cutting-edge domain.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
2 September 2024
ISBN
978-94-6463-506-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-506-5_43How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Jinqi Chu
AU  - Yongjin Zhang
AU  - Chongxiao Qu
AU  - Changjun Fan
AU  - Guiwu Xie
AU  - Shuo Liu
AU  - Lixian Yu
PY  - 2024
DA  - 2024/09/02
TI  - Utilizing Large Language Models to Boost Innovative Research and Development in Enterprises
BT  - Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)
PB  - Atlantis Press
SP  - 392
EP  - 400
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-506-5_43
DO  - 10.2991/978-94-6463-506-5_43
ID  - Chu2024
ER  -