Although data mining has been successfully implemented in the business world for some time now, its use in higher education is still relatively new, i.e. its use is intended for identification and extraction of new and potentially valuable knowledge from the data. Using data mining the aim was...

Research analysis of small enterprises are still rare, due to lack of individual level data. Small enterprise failures are connected not only with their financial situation abut also with non-financial factors. In recent research we tend to apply more and more complex models. However, it is not...