Pederzoli, Chiara; Thoma, Grid; Torricelli, Costanza - In: Journal of Financial Services Research 44 (2013) 1, pp. 111-129
Small-medium enterprises (SMEs) encounter financial constraints when they try to obtain credit from banks. These constraints are particularly severe for innovative SMEs. Thus, developing models for innovative SMEs that provide reliable estimates of their probabilities of default (PD) is...
