Report

Stimulating Business Angels in the Czech Republic

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collection.link.98
https://openknowledge.worldbank.org/handle/10986/2206
collection.name.98
Other Public Sector Study
dc.contributor.author
World Bank Group
dc.date.accessioned
2018-11-28T18:34:38Z
dc.date.available
2018-11-28T18:34:38Z
dc.date.issued
2018-10
dc.date.lastModified
2020-10-28T10:03:47Z
dc.description.abstract
This report provides a systematic assessment of business angel activities, and the ecosystem surrounding innovation finance, in the Czech Republic. Based on literature reviews, published data sources and local stakeholder interviews, the report distills findings related to the demand for and supply of risk investments, and offers policy recommendations for stimulating business angels. The report characterizes the Angel ecosystem as emerging with potential for growth. It is small both in terms of the number of investors and the amount invested. There appears to be a general lack of syndication of investments and concentration of investments in the capital (Prague) and in the information, communication, and technology (ICT) sector. On the demand side, a credible deal flow does exist, although it falls short of constituting a critical mass needed to support the development of the market. While issues in the local environment may affect the flow of angel investments, these are not insurmountable, based on the country’s competitive ranking on relevant global and European indicators. Finally, the report proposes a number of policy recommendations for enhancing business angel awareness and investments, including data collection and mapping of early stage market activities (short-term), creation of Czech National Angel Association (medium-term), and implementation of incentivization measures such as co-investment funds and tax incentives (long-term).
en
dc.identifier
http://documents.worldbank.org/curated/en/633181541532716870/Stimulating-Business-Angels-in-the-Czech-Republic
dc.identifier.uri
http://hdl.handle.net/10986/30913
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
BUSINESS ANGEL
dc.subject
ACCESS TO FINANCE
dc.subject
INVESTMENT CLIMATE
dc.subject
ANGEL INVESTORS
dc.subject
ENTREPRENEURSHIP
dc.subject
DATA COLLECTION
dc.subject
TAX INCENTIVE
dc.subject
INNOVATION
dc.subject
CAPITAL MARKETS
dc.subject
PRIVATE EQUITY
dc.subject
BARRIER TO ENTRY
dc.subject
BUSINESS ENVIRONMENT
dc.title
Stimulating Business Angels in the Czech Republic
en
dc.type
Report
en
okr.crossref.title
Stimulating Business Angels in the Czech Republic
okr.date.disclosure
2018-11-06
okr.doctype
Economic & Sector Work
okr.doctype
Economic & Sector Work :: Other Public Sector Study
okr.docurl
http://documents.worldbank.org/curated/en/633181541532716870/Stimulating-Business-Angels-in-the-Czech-Republic
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b08657a232_1_0
okr.identifier.internaldocumentum
30592150
okr.identifier.report
131855
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/633181541532716870/pdf/131855-WP-PUBLIC-CRBusinessangelsOctpages.pdf
en
okr.region.administrative
Europe and Central Asia
okr.region.country
Czech Republic
okr.topic
Public Sector Development :: Public Sector Economics
okr.topic
Finance and Financial Sector Development :: Access to Finance
okr.topic
Finance and Financial Sector Development :: Capital Markets and Capital Flows
okr.topic
Macroeconomics and Economic Growth :: Investment and Investment Climate
okr.topic
Macroeconomics and Economic Growth :: Taxation & Subsidies
okr.topic
Private Sector Development :: Business Development Services
okr.topic
Private Sector Development :: Enterprise Development & Reform
okr.unit
Finance, Competitiveness and Innovation Global Practice

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