The development of France’s technological sector was certainly not sparked by the election of Emmanuel Macron. Long overshadowed by England and Germany, the emerging “French Tech” is now thought to have begun with the 2008 crisis and the burst of the dot-com bubble. Young French graduates are now spurning traditional industries and civil-service jobs in favor of innovation and start-up creation.
Founding a company has been made easier by successive laws passed over the last ten years or so. France is now one of the major players in the new technology sector, but this ecosystem encouraged by the current government and dependent on foreign investment remains fragile.
Read more at Bloomberg.