M.Sc European Studies, University of Twente
Track in Regulation, Europe & Innovation
The Core Competence for Future Leaders
The Centre of European Studies is launching a Regulation Track in September 2008 to train students aiming for careers in business and public administration. Expertise in regulation and it’s impact on the business environment is an increasingly central qualification to higher-level management and leadership positions in business and public administration. The Regulation Track, officially known as the Track in Regulation, Europe and Innovation, is designed to provide the best possible preparation for innovative, problem-solving leaders in business and public policy. The programme develops capacity in three strands of research and teaching: Regulation and the business environment; regulatory competition, harmonisation and governance; and good governance concepts.
The Track is offered by the Department of Legal and Economic Governance Studies, where economists, lawyers and public policy specialists offer a combination of (1) specialised courses, (2) directed group research in their core areas of expertise and (3) individual thesis supervision on related topics. This channels students into collaborative research with faculty and other students that sign up to devote their thesis research to parts of the department’s research strategy.
Participants in the Track take three courses, consisting of three core courses in the M.Sc European Studies programme and three additional courses devoted to the theory and practice of regulation in Europe (and abroad). Detailed descriptions are found below. The courses are:
Core Courses, European Studies
- European Institutions (Quarter 1)
- European Law (Quarter 2)
- European Economic Policies (Quarter 2)
(Regulation of European Markets, Business and Technology)
Additional Courses, Regulation Track
- Theories of Regulation (Quarter 1)
- European Regulatory Governance (Quarter 2)
- Current Topics in Regulation / Elective (Quarter 2)
Students taking the Track courses do not have to take: International Relations Theory, European Social Policies or Multi-Level Policy Processes.
Our research groups
For the 2008/2009 academic year, planned / ongoing faculty research groups include directed research on the following topics. The current specifics of the research projects are available from the individual faculty members. A detailed listing valid at the time of printing is attached below.
- Internal market completion (Luisa Marin)
- Financial Markets and Regulation (Shawn Donnelly)
- Financial Bubbles, Panics and Crashes (Shawn Donnelly)
- Protectionism and Competitiveness (Shawn Donnelly)
- The regulation of the provision of public services in Europe (Nico Groenendijk)
For further information on the module, contact
Dr. Shawn Donnelly, Regulation Track Coordinator
Research Groups, Academic Year 2008/2009
Internal market completion (Luisa Marin)
- Constitutional dimension of market integration, such as the balance between public vs. private autonomy, European vs. national competences and different models of interaction between legal orders.
- Freedom to provide services
- Freedom of circulation of goods
Financial Markets and Regulation (Shawn Donnelly)
- Innovation in corporate governance systems and investor behaviour
- Innovation in country risk analysis practices
- Innovation company, securities and accounting standards regulation
- Especially responses to the credit crunch of 2007/8
- Interactions between regulation and economic competitiveness
- Investment diversion to new financial centres based on regulation
Financial Bubbles, Panics and Crashes (Shawn Donnelly)
- Innovations in financial markets
- Comparative government, EU and central bank reactions
Protectionism and Competitiveness (Shawn Donnelly)
- Public intervention in trade, investment and corporate ownership
- Intra-EU openness vs. protectionism and national championing
- EU openness vs. protectionism to non-European investment
The regulation of the provision of public services in Europe (Nico Groenendijk)
- Overlapping jurisdictions for public service delivery
- Regulation and cross-border operability
- European Public-Private Partnerships
Detailed Course Descriptions:
European Institutions (176419)
This course introduces students to the decision-making and regulatory structure of the European Union, and theories for explaining why institutions develop the way they do. By the end of the course, students are able to assess the likelihood that European institutions will be established in a particular policy area, the likelihood that the laws and institutions will emphasise harmonisation or respect for national differences, and the institutional innovations required to make regulation coherent and workable across national and EU levels.
- The evolution of decision-making institutions in the European Union
- Intergovernmental politics as a factor determining new EU institutions
- The impact of EU institutions on decision-making in the member states
- Public policy arguments about EU authority and member state diversity as a factor determining EU institutions
- Network-based multi-level governance as the method of governing EU public policy
- A simulation of EU negotiations
- Public budgeting in the EU
European Union Law (176416)
Regulation is based in law. This course introduces students to legal analysis and theories on the development of the EU, with special attention to the relationship between the European and domestic legal orders. Judicial architecture will be dealt with in the first part, focusing on the special characters of EU law.
A second part will focus on the internal market, namely on the free movement of goods and services. These two core areas of the internal market will be analyzed in order to understand their development in legal terms. Which regulatory strategies have been chosen to establish and foster the project of the internal market? Which is the relation between convergence on European rules and accepted divergence, guaranteeing member states sovereignty?
After the course students will not only know the key elements of EU law, but they will also be able to understand them in a dynamic context. Gaining experience on legal research is an asset of this course.
- The legal theories and legal instruments of EU law
- The special characters of EU legal instruments in their status into domestic legal orders
- The relationship between differing types of legislation, its enforcement within the original system of judicial remedies
- The project of the internal market
- Freedom of moment of goods and free movement of services
- Regulatory strategies in the establishment and completition of the goods market
- The dynamics of legal convergence and divergence
- Current issues in European Union law
European Economic Policies (176320)
(Regulation of European Markets, Business and Technology)
This course provides an in-depth look at the economic regulation of the EU and of the EU member states. It provides occasional comparisons with OECD standards and American practice. Market regulation is where the EU has its most potent independent powers and where supranational legislation is most extensive. The course will cover the content and, where applicable, governance of European, national and international sources of market regulation.
- EU monetary policy and the European Central Bank
- Budget policy of the member states and the Broad Economic Policy Guidelines
- Competition policy (Internal market completion, cartel and state aids regulation, with effects on innovation)
- Regional policy (with regional development, state aids and innovation)
- Company regulation (corporate governance, shareholder, creditor and stakeholder rights and economic competitiveness)
- Financial market regulation (securities trading, investor protection and attracting investment)
- Accounting regulation and the attractiveness of the EU marketplace vis a vis America
- The EU’s Lisbon Agenda: Innovation policy, including research and development and intellectual property issues
Theories of Regulation
This course provides a foundation into the differing reasons for regulation and the various regulatory strategies that can be adopted. The goal is to make students aware of the different trade-offs in regulatory capacity, democratic control and favourable business environments that come with different regulatory designs and public policy. At the end of the course, students are able to analyse situations and propose regulatory improvements based on theoretical knowledge.
- The reasons for regulation
- Different modes of regulation: legislative-, statutory-, framework- and self-regulation,
- Public choice and public interest models of regulatory choice
- Problems of agency accountability and capture
- National variations in regulatory content and styles
- The reasons for and consequences of increasing reliance on independent regulatory agencies
- Of the increasing importance of public-private partnerships in regulation (including quasi-non-governmental organizations—quangos)
- Issues of regulating businesses that operate beyond national borders.
European Regulatory Governance
This course introduces students to the variety of ways in which regulation is carried out in the European Union. European regulation often takes place in a combination of EU-level and national-level regulators and special bodies linking the two. Special challenges are striking the right balance between regulatory effectiveness, the diversity of approaches and principles of the EU member states, demands for parliamentary control and the needs of the business community. Comparisons are also made to comparable regulatory institutions in the United States to assess European competitiveness and public interest provision.
- Regulatory choice, options and challenges in the EU
- Delegation to the European Commission
- Standing expert advisory committees
- Ad hoc High Level Groups
- Open Method of Coordination
- New Legislative Instruments
- EU participation in the development of international standards.
Current Topics in Regulation / Current Elective Courses
Current Topics in Regulation (offered first in autumn 2009)
This course will cover regulatory issues that are the subject of ongoing research by faculty, and serve particularly well as a focal point for research groups led by LEGS staff. It will provide an opportunity for teaching to focus on ‘hot topics’ that are not already incorporated into the existing course structure.
In addition, colleagues from other UT faculties may be invited to discuss European regulatory systems and problems in relation to for instance, technology, ITC, bio-medics, health, innovation, water management, etc.
Innovation and Regulation (411702)
The development of new business takes place with the help of legal instruments (patents), with the support of business agreements within the possibilities of European Competition Law regarding co-makership and technology transfer, within legal constraints (product safety regulation & product liability) and governmental financial facilities (support aid schemes). We offer a solid insight into some important societal aspects of developing new business. By the end of the course, students should be able to deliver a contribution in the preparation of interorganisational co-operation, design safe products, protection of know-how and making use of policy schemes to raise funds for innovative business programs.
- European Product Laws on Safety
- European Product Laws on Liability (food and non-food) and the CE-mark
- Parts of European Competition Law on Co-operation and Technology Transfer
- Industrial Property: Patent Law, Policies and Institutions
- Public Policy Aspects of Innovation Programs Development.
Effective Health Care Technology (411118)
This course will examine critically how health care technologies can become effective tools to realize major aims in health care. The course focuses on requirements, methods and regulations introduced to contribute to creating effective and legitimate health care technologies. Students will gain knowledge of requirements and methods introduced to balance the risks and benefits of drugs and other medical technologies. The course also seeks to examine how patients build trust and gain competences to use technologies effectively. Finally, the course will address aspects of legal governance. In this respect it aims at providing knowledge regarding the potential and problems of health care technology ‘facilitating’ law. Special attention will be paid to modes of European legal governance that can cope with technological risks and requirements of trust building.
- Risks: Models and Test Practices
- Trust and competences: Practices of Use
- Legal governance of medical technology: governing risks and building trust
Environmental regulation in Europe (412502)
This course focuses on environmental legal policies in Europe. Against the backdrop of general legal principles and characteristics of European Environmental Law, three different types of legal policies (direct regulation, indirect regulation and self-regulation) are being applied to environmental legal policies both on the European level and on the level of many of the EU-member states. Apart from a general perspective, in terms of Good Environmental Legal Governance (openness, participation, coherence, etc.), the course aims to relate these types of regulatory policies to specific topics. These topics range from areas of law (civil, public, criminal), to environmental areas (water, soil, air, radiation, waste, substances, hazardous accidents, nuisance etc.), to specific instruments (such as tradable environmental allowances, IPPC/BREFS, environmental covenants, Reach), and to specific cases and issues (such as windfarms, habitat areas, GMO's). Finally regulatory policies are studied on a comparative basis, comparing different ways in which secondary European Environmental Law is implemented in member states, or comparing Environmental Law in Europe with Environmental Law in the US.
- Legal Environmental Principles & Legal Environmental Policy Characteristics
- Good Environmental Legal Governance
- Three types of Environmental regulation
- Applied regulatory studies (environmental areas, themes, issues, instruments, cases)
- Comparative studies of regulatory choice