News

Spotlight issue

6th August 2017 / Competitiveness / Trade and Investment


Eurostat: US-EU FDI relationship weakened in 2016

According to preliminary results, Foreign Direct Investment (FDI) from the European Union (EU) to the rest of the world amounted to €186 billion in 2016, a sharp drop (-68%) compared with the €585 bn recorded in 2015, Eurostat reported.

6th August 2017 / Competitiveness / Digital Agenda


Eurostat: 19% of Czech businesses with access to internet purchased cloud services in 2016

In 2016, one third (32%) of people in the EU who had used the internet within the 3 months prior to the survey reported that they had used cloud services, Eurostat reported.

5th August 2017 / Economic policy / Macroeconomic Indicators, Economic Growth


CNB Board Member M.Hampl: Don't be afraid of bitcoin

Prague is home to a strong community of cryptocurrency supporters and users. The city even has a café where customers can pay only in bitcoin. Many users of digital currency see it as a viable alternative to the current monetary system, Mojmir Hampl, member of the Board of the Czech National Bank.

5th August 2017 / Competitiveness / Technology, R&D and Innovation


European Innovation Scoreboard: Czech Republic: A lower number of Top R&D spending enterprises & a lower average R&D spending of these enterprises

The Czech Republic is a Moderate Innovator. Over time, performance has declined by 3.5% relative to that of the EU in 2010. Relative strengths of the innovation system are in Firm investments, Employment impacts, and Sales impacts. Relative weaknesses are in Intellectual assets, Linkages, and Innovators.

28th July 2017 / Competitiveness / Business and Industry


The Czech Republic ranks 25th in the KPMG 2017 Readiness Index

The Czech Republic ranks 25th in the KPMG 2017 Readiness Index assessing 136 countries world-wide. The country's strengths are economic openness and inclusiveness of growth, among others.

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