The application of saw method to support the decisions concerning start-up financing
The application of saw method to support the decisions concerning start-up financing

Summary/Abstract: The aim of the paper was to present the problem of risk assessment of financing start-ups ofindividual economic activities as the problem of multi-criteria decision making. The detailed goal of thestudy was to build a decision model and its empirical verification. Research methodology – The SAWmethod - was used to build the model based on the concept of the aggregation of the decision-maker'spreferences. In the process of building the model, the correspondence analysis was also used.Result – The result of the research is the decision model, the usability of which has been subjectedto empirical verification.Originality/value – The model approach proposed in the paper is an original approach for tworeasons: Firstly, the correspondence analysis was used in the stage of assigning ranks to verbal orinterval variables; Secondly, the use of Cramer's V coefficient to calculate the weightings of criteria anddecision sub-criteria was proposed, hence the resulting algorithm of the model should be recognized asthe added value of the conducted research.

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