本研究以台灣285家上市上櫃高科技公司為對象，採用單變量及多變量羅吉斯迴歸模型、區別分析來觀察1995年到2000年間創業投資事業對於國內上市上櫃高科技公司經營績效的影響。研究結果顯示：(1)從羅吉斯迴歸模型可知，有無創投投資、創投經營管理型態、創投先前已成功上市上櫃比例、創投持股比例以及創投所持有的董監事席次皆與被投資公司的經營績效有顯著的正向影響。(2)創投資產規模和投資此公司的創投家數為不顯著的正向影響，而創投成立年齡則為不顯著的負向影響。 This research examines whether the listed and OTC High-Tech industry’s performances are affected by the venture capital. This research contains 285 sample data from 1995 to 2000. Cases in this study use three main models to analyze: logit model, classification analysis. The empirical findings are summarized as follows：(1)The relationship between venture capital, VC’s business management style, IPO, VC’s share-holding ratio and High-Tech industry’s performance are significantly and positively related.(2)Size, VC’s numbers are not significantly and positively related to High-Tech industry’s performance; however, age is not significantly and negatively related.
