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The knowledge plays in the process of the internationalization of entrepreneurial activities key role. The lack of such knowledge is an important obstacle to the development of international operations and that the necessary knowledge can be acquired mainly through operations abroad. The objective of this paper is to present an overview of the role of the knowledge for internationalization process of the selected Czech firms. The internationalization of the entrepreneurial subjects has been researched using the method of questioning. Company age and international experience are significant factors influencing the knowledge of foreign markets in Czech companies. Based on the results of analysis the influence of knowledge level on the internationalization process of Czech companies is minimal.