A new study by consumer research company NimbleFins showed that the Czech Republic has earned a spot in the top 12 countries in Europe for startups, securing the 6th spot out of 50 countries studied, czechstartups.com wrote.
The Czech Republic has been rated among the world’s top ten most developed countries according to the 2019 Sustainable Development Report, a UN initiative now in its fourth year produced by the Bertelsmann Stiftung and the Sustainable Development Solutions Network (SDSN) to identify where the world’s countries are at in long-term goals for sustainable development (SDGs), expats.cz informed.
The FM Global Resilience Index, adding a new driver, corporate governance this year, ranks 130 countries and territories by the resilience of their business environments. Czechia reached top quartile in each factor assessed (Economic, Risk Quality, Supply Chain).
PwC asked leaders of European private businesses to tell us how relevant key technologies are for their business and whether they are already using them. The most popular technology: Internet of things (IoT), by a wide margin. That corresponds to how European private businesses see digitalisation. Robotics followed, with Denmark reporting the strongest levels of usage (50%).
W.Stacey, AmCham CZ: "When individual objectives align, good feedback cycles are created, and common goals can be reached."
One of AmCham's economic development goals is to make Prague a top hub of European business. At our General Assembly in June, we gathered representatives from some key strategic assets: Petr Fabrický of the Prague Airport, Michal Pěchouček of prague.ai, Rainer Bogner of ExxonMobil's shared service center, Lenka Žlebková of Prague Congress Center, and Matěj Chytil of Prague City Hall. Each is moving from a high volume approach to a higher premium approach in their business. Each can help the other achieve their goals. Train service to airport, for instance, also boosts congress business, which boosts business travel.
Strategic Directions for Czech Economic Policy
- 1) Transition to High-Tech Manufacturing
- 2) The City Campus as Idea Factory
- 3) Government Programs That Drive Innovation
- 4) Government as a Competitive Advantage
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.