Groups of Small and Medium Enterprises (SME) back each other and form guarantee network to obtain loan from banks. The risk over the networked enterprises may cause significant contagious damage. To dissolve such risks, we propose a hybrid feature representation, which is feeded into a gradient boosting model for credit risk assessment of guarantee network. Empirical study is performed on a ten...

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expresse...

[Context and motivation] Small and medium-sized enterprises (SME) have become the weak spot of our economy for cyber attacks. These companies are large in number and often do not have the controls in place to prevent successful attacks, respectively are not prepared to systematically manage their cybersecurity capabilities. [Question/problem] One of the reasons for why many SME do not adopt cyb...

Business model innovation (BMI) has become increasingly important, especially with fast changing business environment. While large enterprises approach these changes more or less systematically, small and medium sized enterprises (SMEs) are left to their own resourcefulness. For the purpose of developing dedicated methods and tools to support different SMEs in addressing these challenges, we ha...

Purpose: The aim of this paper is to unveil the reasons that have led to the recent deterioration of the economic situation of pharmacies in Portugal, using as the metric of analysis the characteristics in the management of these units. Methodology: The paper opted for a comparison of economic indicators adopted by pharmacies which hold the official SME Excellence distinction and the pharmacies...

A grid virtual enterprise is a community of independent enterprises concerned with a particular sector of the economy. Its members (nodes) are small or medium size enterprises (SME) engaged in bilateral transactions. An important principle of a grid virtual enterprise is the lack of any global “guiding force”, with each member of the community making its own independent decisions. In this paper...

The information society is increasingly more dependent upon Information Security Management Systems (ISMSs), and the availability of these systems has become crucial to the evolution of Small and Mediumsize Enterprises (SMEs). However, this type of companies requires ISMSs which have been adapted to their specific characteristics, and these systems must be optimized from the point of view of th...

In México 99.8% of existing enterprises are Small-Medium Enterprises (SMEs) which generates 52% of Gross Domestic Product and 72% of total employment. A previous study of AMIPCI (2014) shows that in Mexico 8 of 10 enterprises have their own social network profile and 5 of 10 enterprises uses social media for publicity and marketing purposes. There are many studies about social media marketing b...

Small-medium enterprises (SMEs) in Indonesia are becoming the pillars for future of Indonesia's economy. Hence SMEs need to thrive and survive business world. This research aims examine correlation between financial literacy sustainability small-medium Indonesia. Financial is low, it not considered an essential factor SMEs. Although percentage still this does mean that every SME owner financial...