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This article shows the development of a method for constructing a model for assigning credits at Cooperativa Belén Ahorro y Crédito consumption loans. For this purpose, existing Colombian norms and the need for having a score system (customer individual qualification) are used to optimize times of sale processes and study of credit requests, in order to determine the customer's basic characteristics. This article deals with the first stage of the process when a qualitative methodology is used together with statistical methods. [ABSTRACT FROM AUTHOR]

Production of information and knowledge is booming. Access to and availability of information and knowledge are better than ever before. However, we can observe companies and countries which use existent knowledge more effectively than others. This paper describes the role of information and knowledge in economic theory, discusses the difficulties of transferring knowledge and analyses the fact that in many cases created knowledge does not get introduced to markets. Innovation and entrepreneurship are the missing link that should be strengthened in order to transform knowledge into new products, processes, services, and markets. That is why changes are necessary within companies as well as in the education system in order to apply and commercialize more of the generated knowledge. [ABSTRACT FROM AUTHOR]