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Spotlight issue

12th July 2016 / Competitiveness / Digital Agenda


AmCham EU statement on EU’s Public-Private Partnership on cybersecurity | AmCham EU’s response to the public consultation on the Review and Evaluation of the ePrivacy Directive

The European Union has taken much-needed steps to tackle cyber threats. The proposal for a Public-Private Partnership (PPP) launched on 5 July offers the opportunity to boost industrial capabilities and encourage innovation. However the American Chamber of Commerce to the European Union (AmCham EU) believes the process for developing the PPP could have been more transparent and included input from companies and organisations that are actively engaged in developing cyber security solutions.

10th July 2016 / Competitiveness / Tax & Finance


WEF/OECD: Czech Republic has 6th lowest corporate income tax rate in OECD area

The following chart shows the lowest corporate tax rates in OECD economies. 

 

9th July 2016 / Competitiveness / Trade and Investment


Czechstartups.org: Czech Republic among worst in Europe in invested private equity capital

Managers of private equity funds do not hesitate to lend money for a complete takeover. The value of transactions financed by the debt exceeded 36 billion EUR in Europe last year, the Czechstartups.org portal wrote. The largest recipient of private equity capital in Europe relative to GDP is the United Kingdom with 0.79 % of its GDP, the Czech Republic with 0.08 % belongs to the worst in Europe.

 

9th July 2016 / Competitiveness / Technology, R&D and Innovation


Radio Praha: Centre developing driverless car technology to open in Prague

The French company Valeo is planning to open a new centre aimed at developing driverless car technology in Prague this coming December. The move will make the Czech capital one of the leading centres in the world in the growing field of autonomous cars, Radio Praha writes, referring to the newspaper Lidove noviny.

 

30th June 2016 / Good governance / Legal Reform and Transparency


TI/Bisnode: 244bn CZK from public contracts, EU funds goes to tax havens

Transparency International Czech Republic and Bisnode published an analysis of flows of money into tax havens via entities that won public contracts. Since 2007, it has been around CZK 244bn,  

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