Competitiveness / Technology, R&D and Innovation
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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GE: Engine Czech: This university partnership is set to propel turboprop engineering to new heights
Why Prague? The Czech capital is the place where GE decided to jump into the turboprop engine market in 2008, when it took a bet on a storied but struggling turboprop manufacturer, Walter Engines. Dean of CVUT Engineering Faculty Michael Valasek said that since GE announced its plans to assemble the ATP engine in Prague in 2016, the number of undergraduate students enrolled to study aircraft engine construction at CVUT jumped from one to 15.
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AmCham R&D Factsheet: Where does the Czech Republic stand? (updated)
According to Eurostat, the Czech Republic has 11th highest number of R&D personnel and 17th highest R&D expenditure per capita in the EU and they have been dropping. The Government has taken measures to reverse the trend.
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AmCham CZ: GE invests in ČVUT
(Česká verze v článku.) To enter into the global economic elite, the Czech Republic will need to become better at turning Czech ideas into Czech exports. Today's announcement of an agreement between CVUT and GE Aviation builds the capacity to do just that.
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