Objective
The objective of this project is to make the analysis of the innovative enterprise central to current debates on corporate governance.
Corporate govemance is concerned with the institutions that influence the ways in which business corporations allocate resources and returns. Corporate govemance is important for business enterprises because it both enables and proscribes strategic decisions concerning the types of investments they should make and to whom the returns on these investments should be distributed. Corporate govemance is also important for national economies, and for the EU, because of the important role of corporations in the allocation of resources and retums on national and international levels. Within the EU many different national systems of corporate govemance prevail, but both European integration and globalization are creating pressures toward convergence to an ideal corporate govemance system. An understanding of the relation between corporate govemance and economic performance is therefore of profound importance to the evolution of the EU.
The broad goal of this project is to enhance our understanding of the relation between systems of corporate govemance and economic performance among the nations of the EU. The specific objectives of this project are: - to analyze how prevailing systems of corporate govemance in EU nations influe the investment strategies and the distribution of corporate revenues of industrial corporations based in those nations; - to compare the influence of corporate govemance on corporate investment strategy and revenue distribution among EU nations and with the United States and Japan; - to deterime the extent to which increasing intemational competition and intergenerational dependence are creating pressures on national systems of corporate govemance that will affect the incentives and abilities of corporatio to invest in innovation and contribute to an equitable distribution of income; - to elaborate the policy implications of the analysis of comparative corporate governance for economic growth, employment opportunities, and income distributi in the EU.
The work programme that derives from our perspective of the relation between corporate govemance and innovative investment consists of four interconnected sections: - International competition and European responses, consisting of cross-national industry studies in automobiles, aerospace, computers, machine tools, medical equipment, telecommunications equipment, and software, including (where relevant) the cases of Britain, Gemmany, France, Ireland, Italy, and the Nordic countries as well as the United States and Japan; - Intergenerational dependence in the EU nations, consisting of case studies for the European nations listed above of the extent to which the savings system are based on seeking higher retums from corporate securities as a primary means supporting retirement; - National systems of corporate governance, consisting of case studies for the nations listed above of the institutions that influence how corporations allocate resources and retums and (drawing on the industry case studies) the implications for innovative investment strategies; - Implications for corporate governance reform in the EU, consisting of a polic report containing proposals to encourage corporations to engage in innovative strategies that entail investments in broad and deep skill bases as well as a perspective on the institutions of corporate governance that would support superior perfommance in an integrated Europe.
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.
- natural sciences computer and information sciences software
- social sciences sociology governance
- social sciences economics and business business and management employment
- social sciences other social sciences development studies development theories global development studies globalization
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications
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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.
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.
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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.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
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Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
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.
Coordinator
77305 FONTAINEBLEAU
France
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.