It is necessary to return to the operation of the law of the market

Our large companies have a triumphant form with resounding profits and investment in R & D than those of their North American competitors. We can sleep calm, our global champions ensure and earn share of market on every continent. But these results are misleading: growth, employment, exports, innovation... all indicators are in red. How this explain this Our world leaders are simply too old and too few. And the news reflects their slow disappearance, acquired or merged with foreign competitors.

Direct cause, the inability of new French and European companies into businesses global leaders in their field. While the Boston Consulting Group recently published a study on the 100 new companies Indian, Chinese or Mexican who are pushing the economy, French SMEs remain blocked under a glass ceiling. This is not annoying for new businesses to serve a narrow or local market and whose adult size is low, less than the glass ceiling. However, it has otherwise more bitter meaning to those who have a greater potential for growth, Cap under their adult size and inexorably eroded. The first 30 SME constituting the Committee Richelieu (1) in 1990 and almost all disappeared.

So, what to do From this observation, the current approach is to all build on existing corporations. It is this philosophy that led to the creation of the Agency for industrial innovation. Costly error: is not subsidizing with debt of profitable companies and which have virtually nothing in French that will be emerge in the future Google France. Large companies are not structured to engage in the "low cost" that characterizes the startup of new markets. A new markets, new business...

It is necessary to return to the operation of the law of the market. Misunderstood liberalism leads to diminish the role of the State to all the players in the same bag so that the best WINS, one who will be chosen by a sovereign market. It is an oxymoron: in real life, there is no point to be the best if it is not also the stronger, that is the largest and oldest. It must be capable of being close to the market, so large, and give trust, therefore former. Bonus thus acquired positions. This rule applies to all, even to those who have a very strong added value for the market and which could become leaders in their field. The competition reinforces inequality and leads to polarization, a uniformity which the consumer is the first to suffer.

If you want to allow the transformation of new European companies by world leaders, go towards real equality by building an economic framework through which the competition will become more accurate. As said HenriDominique Lacordaire, religious man and French policy in the 19th century, "between the fort and the small, it is liberty that oppresses and the law which lessen". The naïve optimism of dramatic must succeed pragmatism based on an understanding of the actual functioning of the competition.

How to translate this doctrine in fact First of all identify as possible, in particular on the basis of competitiveness clusters, hundreds of new companies with the potential to become world leaders in their field. It then bring down the barriers that the choice made by customers, investors, bankers and key executives is larger or older firms, security and used, and who maintain a vicious circle by which no one has interest in the first, even when SMEs provide the best solutions. To do this, it is necessary to connect all public devices for enterprises to intensify direct aid to those who have been selected. On the other hand, should implement indirect mechanisms to engage all stakeholders in their environment to make the choice of these companies. While today ' hui many partitioned devices encourage investors, banks, corporations, schools, universities or centres of research to turn to young innovative enterprises, it would be otherwise more efficient to coordinate these mechanisms in a beam focused on those whose fort potential will be recognised. The benefit of these incentives should be reserved for ready to engage organizations to streamline and speed up their procedures for the benefit of these companies and give visibility into the volume of their relations with them. It is not necessary that every SME benefits from this device more than a few years. If the selection has been effective, it will have to be transformed into business strong enough to play the game of the competition.

More than fifty years after the American Small Business Act, it is time that the France and Europe think and put in place a pragmatic policy, taking into account our history, our culture, and based on an examination without taboos of our strengths and weaknesses. A policy leading to real equality making possible integration into the global economic fabric of new entrants to potential, only credible source of growth for our continent.