News

Spotlight issue

9th December 2021 / Competitiveness / Digital Agenda


Mazars global study reveals most businesses are overconfident about their level of data maturity

Mazars, the international audit, tax and advisory firm, with research partner DataGalaxy, today announces the release of its first global study on data – The race to data maturity: Is your business as far ahead as you think? Over 1,100 business leaders from 21 countries, working in different size organisations in various industries and sectors participated in an online survey. The goal was to determine the self-assessed data maturity – or ‘fitness’ – of organisations and gauge how this self-assessment measured up to the actual programmes, processes and policies they have in place.

8th December 2021 / Competitiveness / Digital Agenda


Work from Home Trend and Crypto Hype to be Exploited in 2022

Cybersecurity experts from Avast (LSE:AVST), a global leader in digital security and privacy, foresee cybercriminals making advancements to ensure the effectiveness of ransomware, a continuation of cryptocurrency scams, heists, and crypto-mining malware. Attacks abusing companies with work from home policies in place are also anticipated.

7th December 2021 / Competitiveness / Business and Industry


2021/Q3 Industrial Property Market Report

Nearshoring of supply chains drives demand by tenants and causes a steady drop in vacancy rate. Developers responded to this situation with increased construction activity mostly tailored to the client signed before construction begins. Speculative construction does not reach a sufficient level to satisfy prime markets. The industrial market as a whole is influenced by lack of employees, shortage of various commodities like AdBlue or building materials, rising prices, and more. All these factors foretell bad times for companies without sufficient capital. Automation and other strategies to secure labor productivity will play a central role in the future.

6th December 2021 / Competitiveness / Business and Industry


Interview with Zbyněk Frolík

Almost everything is already known about the icon of Czech industry, Zbyněk Frolik. More than thirty years ago, he started building LINET, which is now a world-class company, in an old farmhouse in Želevčice near Slaný. He has raised three succesful children, and most importantly - he has lived alongside his wife Naďa for almost fifty years. Does this seem incredible to you? What is Zbyněk Frolík's recipe for a happy marriage? Why did he become such a successful businessman? How does he enjoy the money he earns?

 

6th December 2021 / Good governance / Legal Reform and Transparency


How to view Covid-19 within the context of employment relationships in the Czech Republic

The Covid-19 pandemic has thrust employers into a frightfully complicated situation. The number of infected individuals has been steadily on the rise, and the extraordinary measures implemented by the executive are fast-paced and ever-changing. A clear legal framework for the protection of health at workplaces is missing. All these things form the backdrop of most employers’ “new normal”. This article provides an overview of selected legal institutions which may help alleviate employers’ burden associated with the organization of work under the current circumstances.

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