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• W156089378 abstract "Malaise in the European economy, and particularly in France, is both a result of dampened entrepreneurial activity and a continuing drag on economic competitiveness. In France, rather than undertaking much needed structural reform, the government has relied heavily on tax increases and heightened public spending to stimulate growth. This Note contends that French reforms should instead focus on liberalizing French employment law to encourage entrepreneurial activity. Because entrepreneurship requires innovation and creates new economic opportunities, it is increasingly viewed as one of the most important means of resuscitating depressed economies. By its very nature, entrepreneurship capitalizes on the formation of new ideas and the development of innovative products and services. Statistically, France has lower levels of entrepreneurial activity than the United States, China, Brazil, and many other European countries. France’s government institutions and legal framework play a critical role in contributing to its low levels of start-up activity. Rigid hiring and firing laws favor employees and do not lend themselves to the type of quickly changing and shifting workforces needed by start-up businesses. The costs and legal implications of hiring, firing, and expanding create risks that often seem to outweigh the rewards for French entrepreneurs. This Note provides an in-depth overview of the specific policies and practices in French employment law that restrict growth in France’s entrepreneurial sector. It concludes with a prescriptive analysis for restructuring the French legal system to help encourage entrepreneurship and stimulate job creation in the face of declining French competitiveness. * J.D. Candidate, 2014, Northwestern University School of Law; B.A., 2009, History, French, and Russian Studies, Saint Olaf College. I would like to thank my mother and entire family for their love, continual encouragement in all of my endeavors, and steadfast support; my high school French teacher, Erica Yoon, for instilling in me an early interest in France; my French host parents, Yvon Lemarie and Fabienne Guillo, for cultivating my love of France through good French cheese and wine, hikes in the Breton countryside, and making Rennes a place I could call home; and the Managing Editor and Editorin-Chief of the Northwestern Journal of International Law & Business, Alan Iverson and Alexandra Anderson, for their helpfulness and patience through preemption issues and a fatally-timed computer crash. HAMREN_FINAL_WORD.DOCX (DO NOT DELETE) 10/3/14 7:24 PM Northwestern Journal of International Law & Business 34:519 (2014) 520 TABLE OF CONTENTS" @default.
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• W156089378 date "2014-01-01" @default.
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• W156089378 title "Closing the Entrepreneurial Gap: Liberalizing Employment Law to Restore French Competitiveness" @default.
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