French government’s response to economic war is insufficient

A lawyer and a senior lecturer at Sciences Po, Bernard Carayon has been a prominent right-wing member of the French National Assembly for 15 years. Well aware of the challenges caused by globalization to French and European companies, Carayon has put forward the need to provide them with more risk prevention and with a proactive protection on behalf of the States.

In France, still the world’s fifth economic power that remains counted as a top business intelligence competitor – an assertion that dates back from US government’s assumptions in the 1980s and that a number of experts question today, most of business intelligence results from tiny private consulting firms and state-backed protection measures for “essential companies” are being carried out by the Secretariat-General for National Defense and Security (SGDSN) with some operational support from the main domestic intelligence agency (DGSI).

The creation of the Commissioner for Strategic Information and Economic Security (CISSE) in 2016 gave further evidence that the the French government knows that more has to be done in order to protect French business innovations, assets and secrets. But this is clearly not enough, claims Bernard Carayon.

“Business intelligence has, alas, remained a policy led by bureau chiefs and not by the head of state, an administrative policy and not a public policy responding to the risks and opportunities of globalization. There is no strategic thinking at the top of the state and the government despite the current economic war,” Carayon said in an interview with Cyceon-run offshoot Le Politique, a website that covers French politics. Consequences would be big and bad through the massive takeovers of French companies by foreign competitors, Carayon stresses, and France keeps losing influence on the world stage.

Most of the French business intelligence experts along with a growing number of former intelligence officers also assess that the French government’s response to ongoing challenging times for business competition remains largely insufficient, thus impacting French business interests negatively.

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