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The European Union has bet big on innovation as a source for growth, but on the ground, the finances of many regional research agencies and competitiveness clusters are endangered by conflicting public finance rules. EurActiv France reports.

France has long provided significant public support to joint projects for small and medium enterprises (called “collective actions”) to encourage their research and business, EurActiv.fr reports.

This can include the financing of competitive clusters (see background), contacts with potential investors, or facilitating exports.

To read the full, original article click on this link: France's innovation centres victim of chaotic public finance rules | EurActiv