Productivity and Innovation in the Czech Republic : A Firm-Level Perspective

Convergence of productivity of Czech firms towards peer countries is slow, especially for smaller firms. Czech labor productivity was 68.3 of that in Germany and the productivity gap is in particular large for micro, small and medium enterprises (M...

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Main Authors:	Davies, Elwyn, Iootty, Mariana, Zouhar, Jan
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2019
Subjects:	FIRM PRODUCTIVITY INNOVATION
Online Access:	http://documents.worldbank.org/curated/en/157911576708421803/Background-Note-Productivity-and-Innovation-in-the-Czech-Republic-A-Firm-Level-Perspective http://hdl.handle.net/10986/33084

id	okr-10986-33084
recordtype	oai_dc
spelling	okr-10986-330842021-09-17T05:11:32Z Productivity and Innovation in the Czech Republic : A Firm-Level Perspective Davies, Elwyn Iootty, Mariana Zouhar, Jan FIRM PRODUCTIVITY INNOVATION Convergence of productivity of Czech firms towards peer countries is slow, especially for smaller firms. Czech labor productivity was 68.3 of that in Germany and the productivity gap is in particular large for micro, small and medium enterprises (MSMEs). MSMEs (defined as having less than 250 employees) form the backbone of the Czech economy, accounting for 67.3percent of total employment and 55.2 percent of value added (at factor cost) but face weak innovation demand and an unfavorable position in global value chains. The Czech Ministry of Industry and Trade (MIT) is developing a new Small and Medium Enterprise (SME) Strategy and Implementation Plan for the period 2021-202no7 to boost firm productivity and competitiveness of domestic SMEs. MIT has requested support from the European Commission under Regulation (EU) 2017/825 on the establishment of the Structural Reform Support Programme ("SRSP Regulation"). The request has been analyzed by the European Commission in accordance with the criteria and principles referred to in Article 7(2) of the SRSP Regulation, following which the European Commission has agreed to provide technical support to the Czech Republic, together with the World Bank, to conduct analytical work on the status of SMEs. 2019-12-23T21:44:58Z 2019-12-23T21:44:58Z 2019-10 Working Paper http://documents.worldbank.org/curated/en/157911576708421803/Background-Note-Productivity-and-Innovation-in-the-Czech-Republic-A-Firm-Level-Perspective http://hdl.handle.net/10986/33084 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research Europe and Central Asia Czech Republic
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	FIRM PRODUCTIVITY INNOVATION
spellingShingle	FIRM PRODUCTIVITY INNOVATION Davies, Elwyn Iootty, Mariana Zouhar, Jan Productivity and Innovation in the Czech Republic : A Firm-Level Perspective
geographic_facet	Europe and Central Asia Czech Republic
description	Convergence of productivity of Czech firms towards peer countries is slow, especially for smaller firms. Czech labor productivity was 68.3 of that in Germany and the productivity gap is in particular large for micro, small and medium enterprises (MSMEs). MSMEs (defined as having less than 250 employees) form the backbone of the Czech economy, accounting for 67.3percent of total employment and 55.2 percent of value added (at factor cost) but face weak innovation demand and an unfavorable position in global value chains. The Czech Ministry of Industry and Trade (MIT) is developing a new Small and Medium Enterprise (SME) Strategy and Implementation Plan for the period 2021-202no7 to boost firm productivity and competitiveness of domestic SMEs. MIT has requested support from the European Commission under Regulation (EU) 2017/825 on the establishment of the Structural Reform Support Programme ("SRSP Regulation"). The request has been analyzed by the European Commission in accordance with the criteria and principles referred to in Article 7(2) of the SRSP Regulation, following which the European Commission has agreed to provide technical support to the Czech Republic, together with the World Bank, to conduct analytical work on the status of SMEs.
format	Working Paper
author	Davies, Elwyn Iootty, Mariana Zouhar, Jan
author_facet	Davies, Elwyn Iootty, Mariana Zouhar, Jan
author_sort	Davies, Elwyn
title	Productivity and Innovation in the Czech Republic : A Firm-Level Perspective
title_short	Productivity and Innovation in the Czech Republic : A Firm-Level Perspective
title_full	Productivity and Innovation in the Czech Republic : A Firm-Level Perspective
title_fullStr	Productivity and Innovation in the Czech Republic : A Firm-Level Perspective
title_full_unstemmed	Productivity and Innovation in the Czech Republic : A Firm-Level Perspective
title_sort	productivity and innovation in the czech republic : a firm-level perspective
publisher	World Bank, Washington, DC
publishDate	2019
url	http://documents.worldbank.org/curated/en/157911576708421803/Background-Note-Productivity-and-Innovation-in-the-Czech-Republic-A-Firm-Level-Perspective http://hdl.handle.net/10986/33084
_version_	1764477986681126912

Productivity and Innovation in the Czech Republic : A Firm-Level Perspective

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