News

Spotlight issue

20th March 2018 / Competitiveness / Trade and Investment


NBC: Where exactly is Silicon Valley? That definition keeps expanding - interview with V.Muchna, CEO Y Soft Corporation

A recent McKinsey report says Czech Republic, Hungary and Slovakia can all expect strong growth partly because they are starting from rather low numbers, NBC channel's Scott McGrew says, opening an interview with Václav Muchna, CEO of the Czech Y Soft Corporation.

19th March 2018 / Competitiveness / Employment and Social Affairs


Bisnode Index of Women Influence: Czech Republic ranks low among 11 countries

The Bisnode Index of Women Influence – BIWI – compares various countries according to the influence women have on their economies. The influence of women is measured according to four parameters: share in the number of companies, share in the number of employees, share in revenues and share in net profits. The share of the number of women-owned companies compared to the total number of companies is the base for calculating the BIWI. 

19th March 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


Producer prices surprised with a marked drop

Production price indices recorded a surprising drop. Producer and agricultural prices have slumped in particular. On the other hand, construction prices continued moderate growth while prices of market services increased distinctively. Producer and agricultural prices thus added to the disappointment represented by February’s consumer inflation. Although we assume the central bank will continue to hike interest rates, it may be possible it will choose a time out in May given previous inflationary developments, according to Komerční banka.

14th March 2018 / Competitiveness / Trade and Investment


Radio Praha/E15: Czech foreign owned companies take second biggest dividend yield in 2017: report

Foreign–based mother companies of some of the Czech Republic’s biggest firms last year claimed the second highest dividend yield from their local assets ever, according to calculations by the business daily E15, Radio Praha writes. A study by the consultancy company Bisnode suggests that the domination of foreign owned companies of the overall Czech economy has been dropping in recent years, though.

14th March 2018 / Competitiveness / Technology, R&D and Innovation


eu-startups.com: 10 Czech startups to watch in 2018

The Czech Republic is known for a solid infrastructure, a highly educated and skilled workforce, and relatively low wage costs. No wonder that many interesting companies were born here – AVG, Avast, Apiary to name just a few. This month we took a close look at the Czech startup scene and created a list of 10 promising startups to watch in 2018.

Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. 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.

Members of the American Chamber of Commerce in the Czech Republic