Financování ceských podniku rizikovým kapitálem a vývoj výkonnosti jejich zamestnancu/Venture Capital Financing of Czech Companies and Development of Performance of their Employees

The contribution presents research results of venture capital influence on performance of employees. An assumption of venture capital positive influence on performance of employees was tested within the file of Czech companies. Development of their performance was monitored in the period of venture capital investor cooperation with company and maximally three years after his exit; subsequently, both periods were compared. The assumption on venture capital positive influence on the improvement of performance was confirmed (87% companies) in the period of its involvement in the company. 84% companies reported unimprovement in the period of three years after the exit of investor. The improvement was more frequent with the presence of investor in the company; after his exit such frequency decreased. After the exit of investor the performance improved, even in those companies not reporting such improvement in the period of his participation.