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expats.cz: Czech Republic ranked world’s 7th most developed country in new UN report
The Czech Republic has been rated among the world’s top ten most developed countries according to the 2019 Sustainable Development Report, a UN initiative now in its fourth year produced by the Bertelsmann Stiftung and the Sustainable Development Solutions Network (SDSN) to identify where the world’s countries are at in long-term goals for sustainable development (SDGs), expats.cz informed.
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FM Global Resielince Index: Czech business environment ranks 20th out of 130 countries
The FM Global Resilience Index, adding a new driver, corporate governance this year, ranks 130 countries and territories by the resilience of their business environments. Czechia reached top quartile in each factor assessed (Economic, Risk Quality, Supply Chain).
European Findings - PwC EMEA Private Business Survey 2019: It's time to act
PwC asked leaders of European private businesses to tell us how relevant key technologies are for their business and whether they are already using them. The most popular technology: Internet of things (IoT), by a wide margin. That corresponds to how European private businesses see digitalisation. Robotics followed, with Denmark reporting the strongest levels of usage (50%).
W.Stacey, AmCham CZ: "When individual objectives align, good feedback cycles are created, and common goals can be reached."
One of AmCham's economic development goals is to make Prague a top hub of European business. At our General Assembly in June, we gathered representatives from some key strategic assets: Petr Fabrický of the Prague Airport, Michal Pěchouček of prague.ai, Rainer Bogner of ExxonMobil's shared service center, Lenka Žlebková of Prague Congress Center, and Matěj Chytil of Prague City Hall. Each is moving from a high volume approach to a higher premium approach in their business. Each can help the other achieve their goals. Train service to airport, for instance, also boosts congress business, which boosts business travel.
Global IPO market shows continued signs of slowdown in Q2 2019
- Global IPO activity continues to slow despite unicorns coming to market
- Technology, health care and industrials were the most active sectors in H1 2019
- Mega IPOs and robust IPO pipelines across all regions will bolster future activity
Praha, 9 July 2019 – The trend of unicorn IPOs coming to market and pushing their proceeds to historic levels continued in Q2 2019 despite ongoing geopolitical uncertainty and trade tensions, resulting in 507 IPOs in H1 2019, raising total proceeds of US$71.9b. While deal numbers were down 28% from H1 2018, first-day returns on the main markets were up 15.4% on average and post-IPO performance increased 28.4%. Technology, health care and industrials saw the largest share of IPOs in H1 2019, together accounting for 266 IPOs (52% of global IPOs by deal numbers) and raising US$47.8b altogether (66% of global proceeds). By proceeds, technology was the strongest sector with US$29.3b raised (41% of global proceeds). These and other findings were published today in the EY quarterly report, Global IPO trends: Q2 2019.
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- Government as a Competitive Advantage, including Digitization
Advocacy Priorities for 2023
Technology, People, Infrastructure
Actions Recommended in Areas:
1. Establishing Policy Objectives for Research.
2. Research Investment and Cooperation. Big Bets (Key Technology Projects).
3. Establishing Databases for Tracking Public Policy Outcomes.
4. Public Procurement as an Innovation Tool.
5. Immigration of STEM Talents.
6. Digitization of Immigration.
7. Adult Reskilling and Upskilling.
8. Digitization of Land Use.
9. Infrastructure Development, including Technology Parks.
Read the documents in English and Czech.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.
