Public research funding, electricity prices, digital and transport infrastructure: France is increasing among the most attractive for companies on a number of criteria countries, despite weaknesses such as taxation and labor costs, according to a IFA study published Monday. France is at the forefront before the United States for funding and tax incentives for research and development as a percentage of gross domestic product, from 14 countries in the annual scoreboard of appeal established by the French Agency for International Investment (IFA).
Moreover, it “comes 6th in the world for spending on research and development with $ 55 billion, behind the United States, China , Japan, Germany and Korea, “said IFA. More than half of these research and development activities are carried out in the automotive industry, the pharmaceutical industry, equipment manufacturing radio, TV and communication, and aircraft construction, the study says. “In addition, the French tax expenditures for research and development is the most advantageous to the world, through the research tax credit (CIR),” says the IFA.
France is number one for the price of electricity
France is also number one for the price of electricity, followed by Sweden. “With fewer interruptions per customer per year, France has an efficient and reliable electricity system,” said IFA further. Its fertility rate is second only to that of Ireland, airports come second behind those of the United Kingdom among the top 15 airports of the 28 EU members and the penetration rate of broadband Internet give him second place behind the Netherlands. French rail transport merchandise is third behind those of Germany and Poland.
France is fourth in terms of hourly labor productivity and staff effective research and development for 1000 assets. All these rankings come from various years between 2011 and 2013 according to the criteria studied. In 2013, France was the second home in Europe for foreign investment job creators countries, according to the IFA Centre.
The 14 countries surveyed by the dashboard that contains studies of organizations such as the OECD, are Germany, Austria, Belgium, Spain, Finland, France, Ireland, Italy, the Netherlands, Poland, the United Kingdom and Sweden, and the United States and Japan.