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Czech Rep. launches innovation development strategy by 2030

The country aims to become a hub for research and technology

19 February, 18:25
(ANSA) - PRAGUE, FEB 19 - The Czech Republic, which is one of Europe's top tourist attraction, aims to become a renowned scientific hub at European level. That is what is envisaged by the new innovation strategy presented yesterday in Prague by premier Andrej Babis, including an increase in funds for technical-scientific development, support for startups and the increase of 'intelligent' infrastructure. According to Radio.cz website, in the next decade, the country intends to position itself at the top of the ranking of the EU countries in the field of research and technological development. In order to achieve this goal, the government in Prague aims to create the ideal conditions for the development of science and digitalization, with an increase in available resources. As for the 2019 budget, the website reported, almost 1.4m euros were allocated to scientific and technological development programs, equal to 1.79% of GDP. In 2025, the resources for science should rise to 2.5% of GDP and reach 3% by 2030. (ANSA).

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