Un modelo multicriterio de calificación crediticia para pymes innovadoras en el Ecuador.

Abstract

What are the criteria considered to finance new and innovative for the small and medium-sized enterprise (SMEs) in a developing country? Based on the literature for the enterprise SMEs sector with a certain degree of innovation, it is suggested to give greater relevance to qualitative information (flexible or soft information) that represents the characteristics of this business sector. SMEs face many obstacles when it comes to accessing funds. These limitations increase if SMEs are innovative, in this sense, financial data is insufficient or even unreliable. Therefore, to answer this question, a multicriteria credit risk rating model is built based on expert judgments, giving greater relevance to qualitative criteria. In this research work, the implemented model is an ELECTRE-TRI that implements a SMAA-TRI analysis to obtain solid assignments of the companies to the risk classes. Finally, we carry out a real case study to illustrate the credit risk of innovative SMEs