Outward Direct Investments by Czech Companies

The thesis provides information on rarely discussed issues -Czech outward foreign direct investments. The theoretical parts contains a brief overview of major theories and methodology of outward internationalization processes. The main hypothesis that deals with this issue is so called "investment development path" paradigm (IDP). This model explains why countries at a lower development stage first host foreign direct investments and why and when they start investing abroad. The practical part concentrates mainly on history, trends and role determining outward foreing direct investments of Czech enterprises. The major source for the analyses in this part is based on Czech National Bank data, Czech Statistical Office data and relevant scientific researches. This part also describes investment strategy of Czech companies - ČEZ a.s, Zentiva N.V. and Škoda-Auto a.s.The last chapter is engaged in applying IDP theory on case of Czech Republic