News
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.
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.
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.
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.
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
- 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.