Project description
A closer look at the future adoption of AI by firms
The EU is spearheading the development of new global norms for artificial intelligence (AI). AI is considered a key driver of future economic development. Its uptake by firms is a priority. But what will be the consequences of firms’ increasing focus on AI? The answer to this question will be of critical importance to policymakers working to increase AI uptake. In this context, the Marie Skłodowska-Curie Actions AIFocus project will study the causes and consequences of firms’ increasing focus on AI by using a large firm-level data set. It will create a unique measure that captures firms’ focus on AI. The measure allows separating between different AI capabilities. The project’s findings will benefit decision-makers.
Objective
The European Union (EU) attaches critical importance to AI. With its new strategy, called the “European approach to AI”, the EU aims to boost investment to foster the uptake of AI by EU firms. While the potential of AI is widely acknowledged, it is not evident that the focus on AI will translate into the targeted economic benefits. To date, we lack empirical evidence about the firm-level consequences of firms’ increasing focus on AI. The reason for this lack of knowledge is a paucity of firm-level data.
In this project, I contribute to our understanding of the causes and consequences of firms’ increasing focus on AI by using a large firm-level dataset. First, I use automated textual analysis to create a unique measure that captures firms’ focus on AI. The measure is based on publicly available documents and allows separating between different AI capabilities. Second, I investigate what causes firms to focus on AI. The answer to this question will be of critical importance to policymakers. It helps them to use the most effective mechanisms to increase AI uptake. Third, I investigate the effect of firms’ AI focus on (a) efficiency, (b) innovation, and (c) employment. Understanding the consequences of firms’ increasing focus on AI is crucial for policymakers. The findings of this project guide them in making efficient investments and designing policies that benefit the workforce.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.1.2 - Marie Skłodowska-Curie Actions (MSCA)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-TMA-MSCA-PF-EF - HORIZON TMA MSCA Postdoctoral Fellowships - European Fellowships
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-MSCA-2021-PF-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
6200 MD Maastricht
Netherlands
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.