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

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.