‘Entrepreneur visas’ aren’t only being discussed in Washington, DC. Recently, French President Francois Hollande announced a series of measures aimed at jump-starting entrepreneurial growth that included capital gains tax reforms, support services for SMEs and entrepreneur visas for those looking to launch and grow startups in the country.
The news follows on the heels of the latest rankings from the Innovation Union Scoreboard that show France toward the middle of the pack despite having the third largest economy.
How else can the country energize its sluggish economic performance of late? A new report entitled Innovation: High Stakes for France, Dynamizing the Growth of Innovative Companies contains 19 recommendations for three federal ministers. According to Herve Lebret of the Federal Institutes of Technology in Lausanne and one of the 25 experts that contributed to the report, the recommendations are broken down into four primary categories: developing a culture of innovation and entrepreneurship; increasing the economic impact of public research through the marketplace; supporting the growth of innovative companies; and developing instruments of public policy for innovation.
For those of you who don’t speak French (the report is written in French), Lebret summarizes the 19 recommendations, including:
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