Study programmes / C-RD Regional Development / Investment attractiveness of regions: theory and practice
Course code:RRIAR
Course title in language of instruction:Investiční atraktivnost regionů: teorie a praxe
Course title in Czech:Investiční atraktivnost regionů: teorie a praxe
Course title in English:Investment attractiveness of regions: theory and practice
Mode of completion and number of credits:Exam (4 credits)
(1 ECTS credit = 28 hours of workload)
Mode of delivery/Timetabled classes:full-time, 2/1; part-time, 14/0
(full-time, hours of lectures per week / hours of seminars per week; part-time, lectures per period / seminars per period)
Language of instruction:Czech
Level of course:master continuing
Semester:WS 2018/2019 - FRDIS
Name of lecturer:Ing. Milan Damborský, Ph.D. (examiner, instructor, lecturer, supervisor)
Prerequisites:State Bachelor Exam and not Investment attractiveness of regions: theory and practice in English
Aims of the course:Upon successful completion of this course, students will be able to apply the theoretical knowledge, based on different economic approaches, to the current problems of the investment process at multinational, national and regional level. They will be able to assess the importance of investment localization factors and instruments used by regional and local governments to attract new investors and retain existing investors, including instruments linked to the EU funds. They will be able to use the knowledge for a specific analysis of the suitability of an investment in the Czech Republic.
Course contents:
1.Traditional microeconomic models of investment decision-making process (allowance 2/1)
a.Location of agriculture
b.Location of industry

2.Behavioral and institutional approaches in the investment location decision-making process (allowance 4/2)
a.Behavioral approache
b.Institutional approache

3.Modern theories analyzing regional investment attractiveness (allowance 4/2)
b.Importance of risk

4.Industrial zones as a instrument to increase regional investment attractiveness (allowance 2/1)
a.Strategical industrial zones
b.Evaluation of industrial zones

5.Regional and local governments instruments aimed to increase investment attractiveness (allowance 2/1)
a.Role of regional government

6.Importnace of spatial planning in investment process (allowance 2/1)
a.Spatial planning
b.Regulation of investment process

7.Using of EU funds for deveploment of enterpreunialship and investment (allowance 2/1)
a.EU funds
b.Regulation of public support

8.Using of venture capital (allowance 2/1)
a.Funding of venture projects

9.Specifics of investment process out of EU regions (allowance 2/1)
b.The other countries

10.Specifics of investment process in supranational coroprations (allowance 2/1)
b.Size of market

11.Role of informal relations in investment process (allowance 2/1)
a.Motivation of manager

Learning outcomes and competences:
Generic competences:
-ability to analyse and synthesize
-ability to make decisions
-ability to solve problems
-ability to work in international context

Specific competences:
-Ability to process and analyse economic information.
-Ability to select sources of financing investment projects.
-Ability to use modern tools of management.
-Analyze regional problems.
-The ability to prepare and evaluate investment projects and business.

Type of course unit:required
Year of study:Not applicable - the subject could be chosen at anytime during the course of the programme.
Work placement:There is no compulsory work placement in the course unit.
Recommended study modules:none
Assessment methods:Presentation (case studies): 10 %
Activities during the exercises: 30 %
Final oral exam: 60 %
Learning activities and study load (hours of study load)
Type of teaching methodDaily attendanceCombined form
Direct teaching
     lecture28 h14 h
     practice14 h0 h
     preparation for exam40 h48 h
     preparation for regular assessment0 h20 h
     preparation of presentation30 h30 h
Total112 h112 h

Basic reading list
  • WOKOUN, R. -- TVRDOŇ, J. et al. Přímé zahraniční investice a regionální rozvoj. 1st ed. Praha: Oeconomica, 2010. 203 p. ISBN 978-80-245-1736-0.
  • WOKOUN, R. et al. Regionální rozvoj: (východiska regionálního rozvoje, regionální politika, teorie, strategie a programování). Praha: Linde, 2008. 475 p. ISBN 978-80-7201-699-0.
  • LUKEŠ, M. -- JAKL, M. Podnikání v České republice. 1st ed. V Praze: Oeconomica, 2012. 133 p. ISBN 978-80-245-1884-8.