- Since 1995, France’s 71 innovation clusters have been bringing together teachers, researchers and industry stakeholders to develop collaborative R&D projects – in all key technology sectors – which are eligible for state aid (€2 billion granted over three years) and regional support. The rise of these clusters has also been supported by the higher education reform launched in 2008, which helped substantially to strengthen regional ties between universities and industry. Nearly 7,000 companies, including 500 foreign companies, now belong to a cluster in France. World-class technology parks have sprung up around the Parisian suburb of Saclay (IT technologies and biotechnologies), Grenoble(nanotechnologies) and Toulouse(aerospace), to name but a few.
Subsidiaries of foreign companies have greatly contributed to France’s research landscape. Their R&D activities currently account for 22.5% of all research spending in France.
Embassy of France in Singaporewww.invest-in-france.org
Almost half of the world’s top 100 commercial law firms have offices in Paris. With an average staff of 140, these offices employ around 7,000 people in Paris, of whom almost 4,000 are lawyers (Source: Radiographie des cabinets d’avocats d’affaires en France, 2009).These firms (usually American) include Reed Smith, Morgan Lewis, Orrick, K&L Gates, Nixon Peabody and Bryan Cave.
UBIFRANCE, the French agency for international business developement, comes under the aegis of France's Ministry for the Economy, Industry & Employment. UBIFRANCE lies at the heart of France's public-sector export support framework.