This academic work is based on remarkable works of economists Ramsey, Cass, Koopmans and Kaldor, it brings closer the intertemporal growth theory and its empirical implications on the Czech economy. Simply the purpose of this academic work is to analyse investment and its development in the Czech economy, theoretically identify and empirically study it. Furthermore, to monitor investments by different types and sectors. The study also is committing to better comprehension of mutual effects of capital formation and economic growth.