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VET and related isues in an SME context: national and by Editor: Harry Matlay Education + Training : Volume 44,

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By Editor: Harry Matlay Education + Training : Volume 44, Number 8 9, 2002 ISSN 0040-0912

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Corporate tax relief of ten years for new companies and five years for existing companies seeking to expand. New enterprises will be able to receive a full corporate tax discount for ten years from the start of production and existing enterprises seeking to expand will be able to receive a partial corporate tax relief for five years. Financial support for creation of new jobs. In regions with a high unemployment rate, job creation grants are to be offered. The grants differ according to the unemployment rate in the specific region and can reach up to CZK 200,000 (approximately US$5,500) per each new job created.

In summary, if a traditional HRD reading of the companies is made, defining HRD as training, measured quantitatively by number of training days or spend per head per annum, Metal Tubes would be hailed as a high HRD investor. Radical ReDesign would be described as having a very highly qualified workforce and as having moderate HRD activity. Of Feeding the Stars it would be said that there is currently no training going on, and the workforce is not highly skilled, although the owner-manager is relatively unusual amongst entrepreneurs in having a formal management qualification.

5 per cent of GDP over the years 1997-1999). Table IV reviews a variety of governmentfunded agencies, their responsibilities and activities in the R&D related area. Table V provides more detail on the major government-funded programmes to support innovation in the CR. 381 Innovation and education policy in SMEs: a Czech perspective Education + Training Volume 44 . Number 8/9 . 2002 . 378–387 Lester Lloyd-Reason, Karel Muller and Stuart Wall Table IV Government funded agencies Organisation Status Responsibilities Council of Government of CR for Executive body Research & Development Grant Agency (GA) of CR Public body Academy of Science (AS) Coordination of R&D funded by state Advisory body, improving coordination of R&D funded by state Distribution of public (state) R&D Quality control of R&D by excellence funds Promotion of basic research in (28) Promotion of research in key science selected areas via GA or AS disciplines Responsible for a part of academic 1 articulation of concepts of state science which is carried out at R&D policy; 2 coordination of international R&D faculties of HE cooperation; 3 promotion of R&D at HE via specific programs Various programsa: ‘‘Export’’, ‘‘Centres’’, ‘‘Technos’’, ‘‘Stratech’’ Specific GAs or R&D programs Important R&D capacities are supported by Ministry of Agriculture, Ministry of Health and Ministry for Environment Public body Ministry of Education, Youth and Executive body Sports Ministry of Industry and Trade Executive body Other ministries Executive bodies Note: a Assessment See Table V Table V Major government funded programmes and initiatives in favour of innovation Name of programme Responsible body Objective Sources of funding EXPORT Ministry of Industry & Trade STRATECH Ministry of Industry & Trade 50 per cent – public (subsidy/five-year loan); 50 per cent – BES 50 per cent – public (subsidy/five-year loan); 50 per cent – BES CENTRES Ministry of Industry & Trade TECHNOS Ministry of Industry & Trade PARK Ministry of Industry & Trade Support of competitive capacities of domestic industries Support of development and diffusion of key technologies in the field of defence & state security technologies Support of competitive products and technologies Support of SMEs and their technological capacities Foundation, operation and development of Scientific and Technological Parks Education and training initiatives Some of these have already been mentioned above.

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