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N° 2005-09 Juin 2005 Guillaume Daudin* Jean-Luc Gaffard ...

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International Relocation and Deindustrialisation: some French PerspectivesSome aspects of the Lisbon strategy can be found in French reports, suggesting forinstance to support R&D and innovation though taxation measures (Grignon, 2004).According to Fontagné and Lorenzi (2004), the importance of scientific and technicalissues should be restored in the European culture and education. The European enterpriseshould be promoted. Funding innovation should be made easier. The Report lists 10 priorities.7 of them are part of this strategy: developing technology universities (Universités detechnologie); adopting a small business act; unifying the European innovation equity stockexchanges; increasing the role of the European Science Foundation; introducing asurveillance of the relocation of headquarters; introducing rules applying to ‘Europeancompanies’; promoting mergers between European Member States companies.Other suggested measures aim at increasing European attractiveness (Grignon, 2004):— Improving the legislation of productive activities.— Making easier new company launch and company ownership transfers (byinheritance or sale).— Strengthening competitive advantages (quality of infrastructure, low energyprices)— Promoting employability (higher education, professional training); deregulatinglabour markets; increasing flexibility and mobility— Harmonising company taxation, public aid and social legislation in Europe.— Promoting norms, patents and European labels.— Promoting the harmonisation of social and environmental standards at world leveland rewarding the fulfilment of these norms at an international level with the helpof the consumers.4. Promoting high-priority sectors, implementing industrial policies againAmong recent reports, Fontagné and Lorenzi (2004) suggest that competition policiesand industrial policies in Europe should be rebalanced. Specific (i.e. restricted to a smallgroup of European companies), industrial co-operation should be promoted, ‘Europeanchampions’ should be promoted albeit increasing the SMEs’ capacity to adapt.An aggressive strategy would consist in helping firms to produce higher-technologyproducts for rapidly growing markets. Industry and innovation should become nationalpriorities. Large programmes in top-priority sectors should be favoured.55

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