News

Spotlight issue

1st March 2017 / Economic policy / Digital Agenda


Interview with Ondřej Krajíček of Y SOFT Corporation, Chair of the AmCham´s Digital Economy Council

With your advice, AmCham recently changed its membership structures, splitting the IT Committee to form a Digital Economy Council and concentrating the IT Committee on sharing best practice for using the technology to improve the functionality of a business. You took over the Chair of Digital Economy Council. Can you walk us through the thought process behind the change, and your aims for the Council?

1st March 2017 / Good governance / Public Procurement


A.Vojtěch, Secretary to Finance Minister: There is lack of economic incentives for hospitals to centralize procurement and make it more efficient

There has been an ongiong debate on public procurement in health care in the Czech Republic (similarly in Slovakia) and how it can be made more efficient.  

 

28th February 2017 / Competitiveness / Technology, R&D and Innovation


EC Regional Competitiveness Index 2016: Czech regions' technological readiness above EU average, Prague scores higher than Vienna

All Czech regions reach relatively high technological readiness scores, according to the 2016 results of the Regional Competitiveness Index published by the European Commission. When compared with Vienna, Prague scores better in Technological Readiness and gets similar scores for Macroeconomic Stability, Health, Higher Education and Lifelong Learning, Labour Market Efficiency and Innovation.

26th February 2017 / Economic policy / Macroeconomic Indicators, Economic Growth


AmCham CZ: The Czech Republic has done well during the current electoral period. Can we do better in the next?

The Czech Republic has done well during the current electoral period. Can we do better in the next? We can, but we will need to focus on attaining better technology and the knowledge, both in technical expertise and management, to commercialize it successfully.

24th February 2017 / Economic policy / Macroeconomic Indicators, Economic Growth


Citi Central Europe Economics View: We believe that a more efficient way to raise economic growth in the medium term would be via structural reforms | Global Economic Forecast

Citi Central Europe Economics View shows that the risk of a significant slowdown in the long term is lowest in Czech Republic, while highest in Croatia or Bulgaria. In the near term they see a risk is that policymakers may not realize the slowdown is structural. If the authorities misinterpret the data and treat economic weakness in the region as a consequence of cyclical forces, the policy response may be incorrect and ineffective.

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