Project description
Learning more about individual foreign investment in the EU
In the realm of foreign direct investment (FDI), individual investors (IFDI) through Immigrant Investor Programs (IIPs) are a significant but underexplored phenomenon across the EU. This knowledge gap hinders both policy formulation and economic strategy, as motivations driving IFDI remain poorly understood. Addressing this, the EU-funded IMS12 project aims to unravel these complexities. Hosted by the University of Malta with collaboration from the University of Graz, Austria, IMS12 applies qualitative research methods and innovative theoretical frameworks like IMS12 and VIRA. Over 24 months, it seeks to decipher IFDI patterns, nature, and trends. This initiative not only enhances policy alignment but also catalyses advancements in economics, sociology, and political science.
Objective
Foreign direct investment (FDI) flows are conducted by INDIVIDUAL investors (abbreviated as IFDI), which have been strongly promoted by Immigrant Investor Programs (IIPs). Twenty-one out of twenty-seven of the member states of the European Union (EU) establish IIPs to attract wealthy investors in order to receive investment capital; change the economic structure and social status of undeveloped regions, make a name for the country on the international market, and as an economic diplomacy strategy. While the FDI motivations of enterprises have been extensively studied; the motives of IFDI remain undeveloped.
This limitation is certainly a missing puzzle piece in the scientific world, causing a lack of a theoretical basis to explain a real phenomenon. Simultaneously, demand-side motive ambiguity might impact the design of IIPs, leading to their inefficiency. Governments also lack a base to take a consistent stance on IFDI.
This proposal aspires to provide a scientific and practical basis to fully understand the variation of IFDI, thereby aligning policy with its evolution. The overall aim is to develop the patterns of IFDI, its nature, and trends. Qualitative research methods with a variety of tools, mainly based on naturally occurring data associated with the opinions of the participants - knowledge co-producers. Two theoretical frameworks are developed: IMS12 to identify the drivers and nature of IFDI and VIRA to forecast IFDI. The results of this project, in addition to fulfilling its own objectives, will also serve as the foundation for further research in several scientific fields such as economics, sociology, and politics.
This project is expected to run for 24 months and is hosted by the University of Malta in Malta, including a 4-month secondment at the University of Graz, Austria.
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.4.1 - Widening participation and spreading excellence
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-WIDERA-2023-TALENTS-02
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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.
MSD 2080 MSIDA
Malta
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.