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State support for innovation: Time for questions

France supports innovation with about 10 billion euro a year, or 0.5% of its GDP. It has done so consistently over the past few decades to bolster the competitiveness of the French economy. Nevertheless, it is still worth questioning the relevance of the 62 existing measures that support innovation today. Should their number be reduced to make the policy less unwieldy? Or should the agencies in charge of overseeing this policy be given more discretionary power? [1]

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In fifteen years, public financial support for innovation has doubled in constant euros. According to the latest report by the National Commission for the Evaluation of Innovation Policies (CNEPI), it amounts to 10 billion euros, or half a point of GDP, financed by the State, the regions and the European Union. This is a considerable amount, for example, more than 25% higher than the budget for the justice system. A consensual purpose The decision to devote more and more resources to this policy has been maintained over the course of the political changeovers. The effort has been made in the service of a very explicit national ambition: to place the

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Jean Pisani Ferry, State support for innovation: Time for questions, May 2016, Concurrences N° 2-2016, Art. N° 78529, pp. 5-7

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