12:00 AM
 | 
Apr 01, 2002
 |  BioCentury  |  Politics, Policy & Law

Linking R&D to employment

With a little more than a month until French presidential elections, the lobby group France Biotech has pushed both the left and the right in France to make commitments to new legislation for biotech.

The latest volley in France Biotech's campaign is a new academic study called "Unlocking Innovation," which shows a positive correlation between government R&D spending and improvement in unemployment rates.

Philippe Pouletty, who heads France Biotech, last week presented the study to Minister of the Economy Laurent Fabius and Secretary of Industry Christian Pierret. At the event, Fabius honored Pouletty with the Order of Knight of the National Legion of Honor at a meeting of more than 300 biotech entrepreneurs and investors.

According to Pouletty, the left-leaning Fabius may return to his post as finance minister, or even become prime minister, depending on whether the current right-leaning president, Jacques Chirac, or current socialist prime minister, Lionel Jospin, wins the election.

Unlocking Innovation was authored by...

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