| Since the reforming and opening-up,the high-tech SMEs(small and mediumenterprises) in China have developed rapidly.During the developing process of thehigh-tech SMEs, financing is always the core factor that restricts itsdevelopment.Thus the evaluation of these enterprises is different from that oftraditional enterprises, the technical enterprises have the characteristics ofhigh-risk,high-investment,high pullulating and high profit.How to carry on the creditrating of them scientific, objectively and justly, is one of the problems in theirfinancing.It concerns the sustainable development of the high-tech SMEs in ourcountry.Firstly,the development status of credit rating in domestic and overseas isreviewed in this paper, as well as the economic elements of credit rating.The growingrules and characteristic of risk of the high-tech SMEs, and the significance of creditrating are briefly analyzed.Secondly, the high-tech SMEs credit rating index system iseduced on the basis of analyzing and comparing the present systems，concerning theenterprises’ characteristic and investigation.Then The related standard and grades ofcredit rating are also educed.Thirdly, the AHP and Delphi methods are chosen todefine the index weights.As the fuzzy mathematics applied in the rating, the modelusing the method of fuzzy comprehensive evaluation to assess the high-tech SMEs isset up.Finally,the evaluation system of credit rating designed in this paper is testifiedby the real data.The result shows that the model could be better used for credit ratingof the high-tech SMEs. |
