African Journal of Geography and Regional Planning

ISSN 2736-1586

African Journal of Geography and Regional Planning ISSN 3627-8945 Vol. 5 (6), pp. 001-008, June, 2018. Available online at www.internationalscholarsjournals.org © International Scholars Journals

Full Length Research Paper

Foreign investors and their perceptions of socio-institutional and entrepreneurial environment in the Czech Republic: A pilot study

Jana Spilková

Charles University in Prague, Faculty of Science, Department of Social Geography and Regional Development, Albertov 6, 128 43 Prague 2, Czech Republic. E-mail: [email protected]. Phone: +420 221 951 388, Fax: + 420 224 920 657

Accepted 13 February, 2018

Abstract

The paper examines the role of a favourable milieu in the region and the notion of social capital, work ethics and mutual confidence. Results of an empirical survey conducted among the foreign entrepreneurs in the Czech Republic are presented in the paper. The survey revealed opinions of foreign investors on cooperation and communication with various institutions in their environment. It also answered questions on the willingness to cooperate and the possibility of creation of cooperation networks of Czech and foreign firms in the local economy and analysed opinions and ideas about the general quality of the Czech entrepreneurial environment.

Key words: Foreign investors, socio-institutional environment, entrepreneurial environment, Czech Republic, structured interviews, pilot study.