Best Practice Report

Memo To The Next French President: Integrate France In Global Innovation Networks For Growth

April 23rd, 2007
NR
Navi Radjou
With contributors:
Michelle de Lussanet , Alyssa L. Baer , Emily Van Metre

Summary

The next French President, who will be elected on May 6, must recognize that France can't compete globally on innovation merely by investing in more R&D. It must also internalize what Forrester calls global Innovation Networks, where countries as well as firms engage other nations and rival firms from around the world in a co-opetitive (cooperative and competitive) game that combines transformation, brokering, financing, and invention. France seems ill-equipped to win this new global innovation game given its insular, R&D-biased innovation system. That's why we urge the incoming French president to implement an eight-point Innovation Network agenda that will strengthen French firms' global competitiveness and successfully integrate France into the networked global economy.

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