Research and teaching in Pan-European Institute
The Pan-European Institute (PEI) is a specialist in international business, investments and socio-economic development in the Baltic Sea region. PEI coordinates and carries out research about the economic development of Europe and its neighboring countries.
In its research, the Pan-European Institute focuses on the following five themes:
- Economic and business development in the Baltic Sea region economies (focusing on the development of the maritime cluster)
- Economic relations between the EU and Russia
- Flow of foreign direct investments to and from Russia
- Socio-economic development in Europe and its neighbourhood
- Business development in the EU and in its eastern neighbouring countries.
Research projects in Pan-European Institute
Clean Shipping Project Platform, CSHIPP, brings together projects and organisations focused on enhancing clean shipping in the Baltic Sea region. The objective of CSHIPP is to increase the impact of and connect the dots between the several projects working for clean shipping. As the projects involved in the platform look at the shared topic of clean shipping from different angles, CSHIPP synthesises the projects’ results to provide a more holistic perspective in a concise and easily comprehensible format.
The activities of CSHIPP revolve around two key themes: the environmental effects of shipping in the BSR and the business potential of clean shipping in the BSR. By discussing these themes both separately and simultaneously, CSHIPP emphasises that environmentally friendly shipping and profitable business support rather than exclude one another.
Projects involved in CSHIPP
The duration of the project is 2018-2020. Read more about CSHIPP on the official website.
Background of the project
- Global trade has witnessed a multitude of changes at an increasing pace – more than ever before.
- Digitalization and platform economy have changed value creation mechanisms and value chains, enabling the emergence of new business models.
- The developing markets have strengthened their positions as part of the global economy at the same time as the role of developed economies has been decreasing, thus fluctuating the traditional trade positions in global markets.
- Open market economy and free trade have been challenged in multiple locations all around the world.
Future business managers will need the ability to understand wide-ranging changes in their business environment. This will heighten the importance of managers’ capabilities to estimate the consequences of these changes in their businesses, as well as to identify and create business opportunities. Both business students as well as business practitioners need to understand the meaning of changing trade policy. Thus, we offer them the means and networks to be able to react to and prepare for the developments induced by changes in global or regional trade relations.
- Establishing a new Master’s level course
- Organizing a seminar for companies
- Producing a trade policy focused article collection
- Establishing trade policy focused research projects and initiatives
KAPPAS project is a three year initiative (November 2019 – October 2022) funded by The Union of Industries and Employers Foundation (Teollisuuden ja Työnantajain Keskusliiton -säätiö, TT).
The latest research projects
DigiPro – Internationally scalable business from digitalization – project examined anticipatory project controlling solutions and how they can be exploited in creating profitable business operations.
The partners of the project were Turku School of Economics in University of Turku and School of Business and Management in Lappeenranta University of Technology as well as four Finnish SMEs. The main financier of the project was Business Finland and the duration of the project was 2017-2018.
MNEmerge project explored the role of multinational enterprises (MNEs) in addressing global development challenges by mirroring the impacts of the operations of MNEs against the United Nations Millennium Development Goals (MDGs). The project included field research in three developing countries, Brazil, Ghana and India.
The four objectives of the project were the following:
- Developing a comprehensive framework to analyse the impacts of MNEs towards socio-economic development;
- Developing a model that describes the relationships between MNEs, FDI and the economy;
- Performing case studies and quantitative analysis to verify the developed model;
- Analysing the role of public policies in supporting responsible business practices and the Millennium Development Goals.
MNEmerge also provided recommendations regarding modes of MNE collaboration with societal stakeholders. Thus, the project aimed at supporting business sustainability while simultaneously ensuring sustainable development of a society.
MNEmerge was a three-year (2014–2016) international research project.
The partners of the project were:
- Lappeenranta University of Technology, Finland (Lead Partner)
- King’s College London, UK
- Brunel University, UK
- University of Oxford, UK
- University of Turku/Pan-European Institute, Finland
- United Nations University, Netherlands
- Public Health Foundation of India, India
- Science and Technology Policy Research Institute, Ghana
- INESC P&D Brazil, Brazil
Please find the full description of the project on the official website.
Russia's final energy frontier – Sustainability challenges of the Russian Far North.
The two-year (2014–2016) research project, co-funded by the Academy of Finland and the Japan Society for the Promotion of Science, analysed the role of internal factors, foreign businesses and international Arctic politics in the formation of energy policy in the Russian Far North, towards which the centre of gravity of Russia’s hydrocarbon production is shifting. The project also examined how this policy affects socioeconomic development and the environmental situation in the area.
Sub-themes of the project were the following:
- What are the budgetary relations between the federal centre and the Russian Far Northern areas? How is energy wealth divided between the centre and the Northern regions?
- How do energy developments affect demographic trends in the Russian Far North?
- How does the hydrocarbon sector carry out its social and environmental responsibility in the Russian Far North? How do the rights of indigenous people play out in these policy practices?
- What is the future role of foreign companies in the development of the Russian Far North? How do they enter the markets and engage in the complex networks in the Russian Far North? How do they cooperate with other actors?
- What is the role of international politics in the Arctic, including Arctic environ-mental policy, in the formation of Russia’s energy policy in the Far North? How do politicization and securitization relate to energy policy formation?
- How does energy policy affect the future use of the Northern Sea Route?
SmartComp project aimed to unite the maritime clusters of the region and to strengthen existing networks as well as to create new ones in order to improve competitiveness of the sector and to create sustainable growth possibilities for the sector through triple helix cooperation.
Results of the project
Research report 1: Maritime cluster analysis on the Central Baltic Region
Research report 2: Maritime companies and their business networks in the Central Baltic region
Research report 3: Maritime sector developments in the global markets
Final report of the project: Conclusions on increasing smart competitiveness in the Central Baltic region
The duration of the project was 2012-2013. Please find the full description of the project on the official website.
Wider Europe – Regional Security Report
During 2010-2011, the Pan-European Institute published a biannual review Wider Europe – Regional Security Report, which focused on the security development of the Western CIS (Moldova, Ukraine, Belarus), the South Caucasus (Armenia, Azerbaijan, Georgia) and Central Asia (Kazakhstan, Kyrgyzstan, Tadzhikistan, Turkmenistan, Uzbekistan).
The report was a part of the research project Security and Development Research within the Wider Europe Initiative Security Cluster; Pan European Institute (2010–2011), which was funded by the Finnish Ministry for Foreign Affairs within the development cooperation.
Regional Security Report 2/2011 – Special edition on energy security was published on June 22, 2011.
Research publications of Pan-European Institute
Maailmankauppa murroksessa (2019)
Teaching and education
Teaching in Turku School of Economics
The Pan-European Institute provides courses in English at Turku School of Economics under the subject of International Business. The courses deal with transition economies in Europe.
From Autumn 2020 onwards the courses are (links to study guide Peppi)
- KV23/TM33 Business in the Baltic Sea Region
- KV27 Doing Business in Wider Europe
- KVS16 Trade Policy and International Business (in Finnish)
The following courses are organised for the last time during academic year 2019-2020.
- KV22 The Russian Market Economy
- KVS10/TMS32 The Development of the EU-Russia Economic Relations
- KVS14/TMS36 Investment Opportunities in Eastern Europe
In autumn 2003, the Pan-European Institute started a tradition of granting Presentation Awards to distinguished visiting lecturers. The award is given in recognition of expertise and high-quality presentation. The Presentation Award has been granted to the following speakers.