Again in innovation, French companies score high marks
It must be innovation week…
In another poll on innovation (Thomson Reuters Top 100 Global Innovators), France has 11 companies on the list (the 3rd most behind Japan with 27 and America with 40). The brilliant chaps over at The Economist have a nice article on this, below here for easy reading (France boldfaced for emphasis on my part).
Where innovation lies
Nov 16th 2011, 16:54 by The Economist onlineWhere are the world’s most innovative companies and what do they do?
Companies that make semiconductors and other electronic components are collectively the most innovative industry, according to an analysis of patents carried out by Thomson Reuters, an information-services provider. Its “Top 100 Global Innovators” report rates companies by the proportion of their patent applications that are granted; the number of “quadrilateral” patents (those granted in China, Europe, Japan and America); how often patents are cited by other companies; and whether patents relate to new techniques or inventions or are refinements of existing ones. This approach is intended to overcome the limitations of using the number of patents filed or granted as a measure of innovation. Of the 100 companies in the list, which is not ranked and relates to patent activity from 2005-2010, 40 are from America, 27 from Japan and 11 from France. No Chinese companies qualified. The report says this “underscores the fact that although China is leading the world in patent volume, quantity does not equate to influence and quality.”
France has 9 cities in Top 100 Global Innovation Cities ranking
France’s strong tradition of research and innovation, as well as growing FDI and domestic investment in pharma, nanotechnology, cleantech, biotech, and other innovative sectors seem to be gaining worldwide recognition.
In the latest rankings of Innovation Cities released by the company 2thinknow, the United States has 23 cities in the Top 100, Germany has 16 and France has 9, making it third among countries in the poll. One of my favorite cities, Lyon, even makes it in the Global Top 10. Congrats to Lyon! The following French cities are in the Top 100:
#3 Paris
#8 Lyon
#27 Strasbourg
#37 Nantes
#39 Marseille
#41 Bordeaux
#44 Toulouse
#63 Montpellier
#96 Reims
After the Top 100 but within the overall ranking of 331 benchmark cities, France has several other cities featured within Europe: Nice, Lille, Cannes, Rennes. Although I’m personally surprised that Grenoble, a city known for its research and nanotechnology, is nowhere to be found…
G20, Paris newspaper bombing, Madame Le Pen goes to Washington
In the latest issue of Bonjour Paris news, I have an article that talks about these subjects. You can read it all here.
The Promenade Plantée in Paris
My fellow blogger Lucy wrote this great post on her blog about a well-known pathway among Parisians but little known among tourists. It is similar New York’s High Line though predates it, and as I live nearby in the 12th arrondissement, I can tell you it’s great for walks, strolls and runs. There are also many shops and boutiques under the archways of the old viaduct. Where to find it? You can find more here, even more in the French version, a walking guide in French and a jogging map.
It is near Gare de Lyon and runs from Château de Vincennces to near the Bastille in east Paris. Some metro stations nearby for access: Montgallet, Daumesnil, Gare de Lyon (though Montgallet is probably the best).
Lucy has great pictures on her site. UPDATE: The Boston Globe also has an excellent article.
Below one picture of the Jardin de Reuilly and one from the Promenade. There is a great YouTube video tour of the whole Promenade here (also embedded below).
Expatriate dinner in Paris Nov 16
Theparisian Expat group (Facebook profile) is organizing one of its Expat dinners in Paris on Wednesday Nov. 16 at 8:30pm. If you’re a member of Facebook, you can get more information on the event and RSVP here on this Facebook event page.
cheers and happy networking!
Newly rich Chinese investors buying French vineyards, gaining recognition
With the growing economy of China making many citizens into upperclass consumers, they are increasingly consuming fine wines and enjoying other pleasures of the “high life”.
Some have even bought up French vineyards. In fact, according to this article on BBC News, “Chinese investors have bought six estates over the last three years.” But their activity is not limited to France, as China has been developing its own wine industry that is gaining recognition. It’s also well known that Hong Kong is a developed wine hub.
Excerpts from the article are below. Click on link above for full article.
For those of my readers with personal experience in winemaking and/or China, and how do you see this development?
Chinese buy their favourite Bordeaux by the vineyard
By David Chazan
BBC News, Bordeaux, France
26 October 2011With its fairytale turrets and a 15th-Century tower, Chateau Latour Laguens is surrounded by vineyards in a region steeped in European tradition.
But this chateau, south-east of Bordeaux, is also at the cutting edge of Asia’s growing economic might.
The staff who tend the vineyards and make the wine are still French, but this is now a Chinese-owned domain.
It has been taken over by the Longhai group based in eastern China, which has created a subsidiary to run it called Chateau Latour-Laguens (Qingdao).
The Chinese are developing a new taste for French wines these days.
And in addition to buying them by the bottle or the case, the Chinese have also started buying the vineyards where their favourite Bordeaux vintages are produced.
Chateau Latour-Laguens was the first estate in Bordeaux to be bought by Chinese investors three years ago, but at least five others are now also Chinese-owned.
“We’re looking for the know-how, French technology and culture,” said Yilain Xu of Chateau Latour-Laguens (Qingdao).
“Bordeaux is a famous place to make high-quality wine and in China we have more and more people who drink wine, as lifestyles are changing.”
The new owners of Chateau Latour-Laguens have invested in the latest wine-making technology, and are renovating the chateau itself, which was somewhat run down before they took over.
But they have been careful to keep the French workers, and have hired an experienced French oenologist, or expert in the science of winemaking, to manage the operation and improve the quality of the wine…
Parlez-vous MBA? A look at languages in MBA programs
The Economist has a long-running column “Which MBA?” and a recent post talks about something with which you are all likely well acquainted: the role of foreign languages in education. The article features two French schools: INSEAD and Grenoble School of Management.
Do you think that learning foreign languages is an important factor in deciding an MBA program?
Parlez-vous MBA?
Oct 18th 2011, 16:32 by S.H.SPEAKING three languages wasn’t enough for Lenka Menden. When it came to choosing where to study for an MBA, she wanted a chance to absorb a new culture and learn yet another tongue. “My first language is Czech, I studied for a degree in business administration in Germany and I went on to take an MSc in Prague,” she explains. “I then worked for three-and-a-half years as an analyst at Morgan Stanley in Canary Wharf.”
Ms Menden turned down the chance of studying at London Business School, instead choosing IESE in Barcelona, because she thought it would open new doors. “Staying in London I would have been in the same environment and there wouldn’t be that many challenges. So I learned a new language alongside my MBA because Spanish is a very important language of business. I have extended my personal network to include people from Mexico, Spain and the Philippines. I can now work anywhere in Europe or in an emerging economy,” she says.
High-profile business schools still teach primarily in English. But many, especially in Europe, are beginning to realise that language tuition is a big selling point. The attraction of learning a language is two-fold. With so many alumni on the market, bi-lingualism distinguishes the exceptional MBA from the run of the mill. And in a global business, the ability to speak languages and understand cultures is vital.
INSEAD, which has campuses in France and Singapore, has a three-language requirement. Students joining its MBA programme must be fluent in English and proficient in at least one other. A third language of a student’s own choice is taught alongside the MBA. Facility in that language is a condition of being awarded an MBA. “It’s about developing a cultural sensitivity and is a way of becoming a global citizen,” says Leila Murat, the school’s assistant director of MBA admissions.
Chinese whispers
Mandarin is popular on both campuses. A quarter of students are of Asian origin and many Westerners come to the business school specifically to gain insight into doing business in China. Other emerging markets are shaping interest too: Portuguese and Russian are also becoming more popular, says Ms Murat.Despite Anglophones’ reputation for lazyness in this area, such stringent language requirements don’t seem to be putting off English-speaking students. INSEAD has seen applications from America more than double in the past five years. Nevertheless, there are drawbacks. For one, teaching languages is expensive. The most effective method is face-to-face. That means recruiting native speakers.
But how easy is it to find a native Chinese speaker in a provincial city? At Grenoble Graduate School of Business in France, they can call on the university’s renowned languages department. But responding to students’ demands is not always easy. Japanese teachers are particularly hard to source, says Carol Gally, the school’s language co-ordinator. She says she often has to rely on the partners of people employed on the campus coming forward to teach.
Grenoble’s students are given 72 hours of language tuition over two semesters, with classes running into the early evening after the MBA teaching finishes. Compulsory French classes expose students to everyday situations, official documents and radio and television. Beginners start with the basics, such as how to shop, eat and drink. Other languages are then taught in the medium of French.
At IESE, learning Spanish is a big attraction for international students such as Ms Menden. Although the MBA is taught in English, some second-year modules are in Spanish. The school’s aim is to graduate students fluent in both languages. Ninety per cent of students pass the Spanish element and qualify for what is known as a bi-lingual MBA.
Students are advised to come to Barcelona to attend a summer language school before joining the programme. This makes them more employable, according to Javier Munoz, IESE’s admissions officer. The internships arranged through the business school demand fluency in Spanish; without considerable language skills the offers from Spanish banks, engineering firms and car manufacturers would not be forthcoming. Given the current economic situation in the country, they need all the advantages they can get.






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