摘要：Venture capital funds are considered an innovative source of financing for small and medium-sized enterprises (mainly those in a seed or startup stage). The main point of these funds is to provide the firm with capital in exchange for shares. The research problem taken up in the article concerns the identification of the impact of venture capital funds on the development of businesses’ exporting in the Visegrad countries. The aim of this article is to present the results of the research on the correlation between the share of venture capital funds in GDP and the export growth in the Visegrad countries. It turns out that in the case of Poland there is a strong correlation between export growth and the share of venture capital funds financing early stage ventures in GDP.
