Buradasınız

A Multi-objective model for selection of projects to finance new enterprise SMEs in Colombia

Journal Name:

Publication Year:

DOI: 
http://dx.doi.org/10.3926/jiem.2011.v4n3.p407-417
Abstract (2. Language): 
Purpose: This paper presents a multi-objective programming model for selection of Projects for Financing New Enterprise SMEs in Colombia with objectivity and transparency in every call. Approach:The model has four social objectives, subject to constraint budget and to the requirements of every summons. The resolution procedure for the model is based on principles of goal programming. Findings:Selection projects subject to the impact within the country. Research limitations: The selection of the projects is restricted by a legal framework, the terms of reference and the budget of the summons. Practical implications: The projects must be viable according to the characteristics of every summons. Originality/value:The suggested model offers an alternative for entities that need to evaluate projects of co-financing for the managerial development of the SMEs with more objectivity and transparency in the assignment of resources.
407-417

REFERENCES

References: 

Arcila, J.A.G. (2009). Agencias MIPYMES, creaciön de empresas y desarrollo empresarial: una lectura sobre Colombia y Puerto Rico. Revista Panorama Econömico, 16.
Barbarosoglu, G. & Pinhas, D. (1995). Capital rationing in the public sector using the analytic hierarchy process. The Engineering Economist, 40, 315-341.
http://dx.doi.org/10.1080/00137919508903158
- 416 -
Journal of I n d u s t r i a l Engineering and Management - h t t p : / / d x . d o i . o r g / 1 0 . 3 9 2 6 / j i e m . 2 0 1 1 . v 4 n 3 . p 4 0 7 - 4 17
Benjamin, C.O. (1985). A linear goal-programming model for public-sector project selection. Journal of the Operational Research Society, 13-23.
Berkelaar, M., Eikland, K., & Notebaert, P. (2005). lpsolve: Open source (mixed-integer) linear programming system, version 5.5.0.15. [Computer software].
Carazo,
A.F.
, Gomez, T., Molina, J., Hernandez-Diaz, A.G., Guerrero, F.M., & Caballero, R. (2010). Solving a comprehensive model for multiobjective project portfolio selection. Computers & Operations Research, 37, 630-639.
http://dx.doi.org/10.1016/i.cor.2009.06.012
Chan, Y., DiSalvo, J.P., & Garrambone, M.W. (2005). A goal-seeking approach to capital budgeting. Socio-Economic Planning Sciences, 39, 165-182. http://dx.doi.org/
10.1016/j.seps.2004.04.002
Chan, Y.C.L. (2004). Use of capital budgeting techniques and an analytic approach to capital investment decisions in Canadian municipal governments. Public Budgeting & Finance, 24, 40-58. http://dx.doi.org/ıo.ıııı/i.0275-ııoo.2004.02402003.x
Congreso de la Repüblica de Colombia. (2000). Ley 509 de 2000.
Congreso de la Repüblica de Colombia. (2004). Ley 905 de 2004.
Congreso de la Repüblica de Colombia. (2006). Ley 1014 de 2006.
Ghasemzadeh, F., Archer, N., & Iyogun, P. (1999). A zero-one model for project portfolio selection and scheduling. Journal of the Operational Research Society,
50, 745-755. http://dx.doi.org/10.1057/palgrave.jors.2600767
Medaglia, A.L., Hueth, D., Mendieta, J.C., & Sefair, J.A. (2008). A multiobjective model for the selection and timing of public enterprise projects. Socio-Economic Planning Sciences, 42, 31-45. http://dx.doi.org/ı0.ı016/j.seps.2006.06.009

Thank you for copying data from http://www.arastirmax.com