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The causes and consequences of firms’ focus on artificial intelligence

CORDIS · observation · Publication date unknown

The causes and consequences of firms’ focus on artificial intelligence 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. Seco

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recordType
award
status
SIGNED
region
EU
value
203464.32
unit
EUR

Evidence & attribution

European Commission, CORDIS Horizon Europe project dataset. Metadata adapted.

License: CORDIS reuse policy

First collected: 2026-09-20T00:21:03.701Z. This is not the publication date.