A (abbreviated GIE; in English Economic Interest Grouping or Economic Interest Group, abbreviated EIG) is a Francophone consortium of related businesses, companies, foundations, organisations or institutes which are formally pooling their efforts for competitive advantage.Braudo, Serge & Baumann, Alexis (2008). Définition de Group. d'intérêt économique. Retrieved on 2008-07-11 from http://www.dictionnaire-juridique.com/definition/group-d-interet-economique.php. Most partners come from the private sector but inclusion of public sector partners is not unusual.
For example, a number of businesses in the umbrella industry located in Aurillac, France, Europe formed a GIE to better meet the challenges of competing globally.L'aurillac Parapluie. Retrieved on 2008-07-11 from http://www.laurillac.fr. Another example is Luxinnovation GIE, the National Agency for Innovation and Research of Luxembourg. It is composed of 6 partners that come from both the private and the public sector (including three Ministries).
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