Katalin Czakó

57200045556

Publications - 13

Evaluating Financial Development Indices with a Focus on Sustainability and Financial Resilience

Katalin Czakó István Szalai

Publication Name: Lecture Notes in Networks and Systems

Publication Date: 2025-01-01

Volume: 1574 LNNS

Issue: Unknown

Page Range: 419-426

Description:

This study examines current financial development indices, highlighting the need to incorporate sustainability and resilience metrics. It critically investigates three major indices: the IMF’s Financial Development Index, the World Economic Forum’s Financial Development Index, and the World Bank’s Global Financial Development Database through a comparative analysis. The authors propose the concept of a new Sustainable Financial Development Index (SFDI) that integrates indicators related to economic resilience and sustainability. The proposed composite index aims to provide a more comprehensive measure for policymakers to assess financial development across diverse economic contexts and promote sustainable growth and financial resilience.

Open Access: Yes

DOI: 10.1007/978-3-032-00447-5_40

The role of the environment in entrepreneurial propensity of youngsters’ business ideas

Santi Setyaningsih Katalin Czakó Tihana Vasic Csilla Polster

Publication Name: Journal of Innovation and Entrepreneurship

Publication Date: 2023-12-01

Volume: 12

Issue: 1

Page Range: Unknown

Description:

Entrepreneurship shows regional differences through countries’ history, economic environments, society and habits of individuals. Youngsters can think globally and have the highest skills to access information and know-how. This paper collects data from students’ project work from different countries and extract that information, which can give interesting input to describe regional effects on entrepreneurial propensity through a quantified semantic analysis. Youngsters from 12 countries received the same instructions to present their national economies and then create a business there. The fundamental question of the paper is that are there any definable attributes from the economic environment, which effect youngsters’ entrepreneurial propensity? How can we describe these effects? We linked values and made a numerical evaluation of youngsters’ business concepts, which gives not only a range but also the grade of the presence of local or regional elements. The results show that the more exact special elements of a national economy mentioned, the more barriers participants are aware of. The research concept and the results may give useful inputs in knowledge transfer and education of entrepreneurship.

Open Access: Yes

DOI: 10.1186/s13731-023-00275-2

Changing Tourism Trends of the Benedictine Abbey in Tihany: Best Practices of a Hungarian Monastic Community

Katalin Czakó Dávid Fekete Mihály Dömötör Gábor Ágoston Barkó

Publication Name: Religions

Publication Date: 2023-04-01

Volume: 14

Issue: 4

Page Range: Unknown

Description:

The touristic use of sacred sites is a widespread practice in Hungary. Throughout the past centuries, Christianity has dominated the history of the Carpathian Basin. The Hungarian State’s strong affiliation with the Roman Catholic Church dates back to its foundation over a 1000 years ago. Due to its location on the shore of Lake Balaton and outstanding natural environment, the Benedictine Tihany Abbey is a major touristic destination and a popular place of pilgrimage in Hungary. The objective of the present paper is to examine how touristic activities contribute to the livelihood of a Hungarian monastic community and local economic development in the 21st century. To answer the research questions, the study primarily relied on literature and documentary analysis, in-depth interviews, and the construction and processing of a database. The research revealed that in addition to the classic elements (e.g., guided tours in the abbey, museum exhibitions, concerts, etc.), the program offer developed by the monastic community of Tihany is capable of addressing new target audiences: the rapidly rising number of tourists from the Far East (mainly Japan, China, South Korea, and Russia). Despite remaining considerably below visitor numbers recorded by the abbey in the mid-1990s, a significant increase in visitor numbers was observed in 2018–2019. The economic activities of the Benedictines of Tihany comprise a number of different areas beyond tourism, e.g., agricultural production and candle making, both of which are integrated into their tourism offer and feature among touristic programs. As a major employer, the abbey exerts a positive impact on the population retention capacity of the settlement by offering jobs to local residents, and it also contributes to population growth by attracting a large number of highly skilled professionals who choose to settle down in the region. The paper shows the evidence of the pandemic on pilgrimage and religious tourism in Tihany.

Open Access: Yes

DOI: 10.3390/rel14040435

Online Paradigms in Education—Nexus of Blockchain and Gamification

Katalin Czakó Tihana Vasic Karolina Kovacs

Publication Name: Springer Proceedings in Business and Economics

Publication Date: 2023-01-01

Volume: Unknown

Issue: Unknown

Page Range: 379-403

Description:

This is a conceptual paper, which binds together blockchain technology and gamification in higher education context. Both of the definitions provide several opportunities in competitive sphere and there are findings of each advantage in education already. At the same time, there are few findings in the common attributes of gamification and blockchain. The literature review highlights those sources which discuss the common attributes of the two terms and also represents the main trends of findings in the aspect of education. The paper represents a quick study then, in which dominating blockchain services are represented and gamification interpretation is highlighted in them. Through the systematic study of blockchain platforms involved in this paper by random sampling, a conceptual model gives insight into the list of advantages of the conscious application of blockchain technology and gamification in education activity. The paper provides more opportunities to professionals and policymakers in education to get a complex picture of the opportunities given by the common usage of blockchain and gamification. On the other hand, there are segments in the represented blockchain platforms, which can be developed by a gamified situation. The analysis highlights also these issues.

Open Access: Yes

DOI: 10.1007/978-981-19-8485-3_16

The Theoretical Framework of Sustainable Financial Development Through Literature Outlook

Katalin Czakó István Szalai

Publication Name: Chemical Engineering Transactions

Publication Date: 2023-01-01

Volume: 107

Issue: Unknown

Page Range: 595-600

Description:

Sustainable development seeks to strike a balance between economic growth, social well-being and environmental protection. It should be integrated into financial development as well. As a consequence, banks are realising changes in their roles, decision-making, and operations. This paper aims to introduce a structured literature outlook about the different interpretations of sustainable financial development (SFD) on micro and macro levels. The literature mapping is focusing on three main contexts. The basic assumption of the paper is that it is crucial to emphasise the importance of country-level economic growth, the indicators used to determine the level of financial development and the resilience of the financial intermediary actors. As a consequence, the paper represents some existing results in terms of these three contexts. This gives the future basis for the efficient interpretation of sustainable financial development aspects in the operation and the decision-making processes of financial institutions and also for policy-making institutions on the macro-level.

Open Access: Yes

DOI: 10.3303/CET23107100

R&D project evaluation at a university with knowledge acquisition and knowledge engineering

Katalin Czakó Gabriella Haasz Zoltán Baracskai

Publication Name: International Journal of Project Organisation and Management

Publication Date: 2023-01-01

Volume: 15

Issue: 3

Page Range: 332-350

Description:

Significant research on R&D project evaluation methods is feasible when we have clear data and conditions for measurement. In university projects, it is unwise to use directly the reference points and practices of industrial or independent labs. As a result, the method and the model introduced in this paper are adapted to find the most informative success factors for engineering R&D projects when the non-professional project manager’s experience is the primary source of data. The model was developed using knowledge acquisition (KA), while 21 projects within the same domain were recorded in the knowledge base through semi-structured interviews with experienced project managers during a fine-tuning process. The contribution of this paper is the logical rules and the attributes by which we can understand the project managers’ mindset in R&D projects of a higher education institutions. The paper includes an evaluation of the projects as a case study.

Open Access: Yes

DOI: 10.1504/IJPOM.2023.132712

The Influence of International Collaboration on the Scientific Impact in V4 Countries

Zsolt Kohus Márton Demeter Katalin Czakó Eszter Lukács László Kun Gyula Péter Szigeti

Publication Name: Publications

Publication Date: 2022-12-01

Volume: 10

Issue: 4

Page Range: Unknown

Description:

Several strategies are used by researchers and research facilities to increase their scientific production and consequent research quality. Bibliometric records show that coauthorship and the number of participating organizations in research publications are steadily increasing; however, the effect of collaboration varies across disciplines, and the corresponding author’s country appears to influence research impact. This finding inspired our research question for this study: How does international cooperation affect scientific impact, and does the affiliation of corresponding authors influence citation impact indicators at the level of individual publications? To this end, we provide a comparative evaluation of research articles published in Q1 journals among Visegrad Group countries (Czech Republic, Hungary, Poland and Slovakia) in Medical and Health sciences between 2017 and 2021. The study investigates the relationship between collaboration type (national vs. international) and scientific impact (impact factor of the journal and category normalized citation impact or research papers), as well as the impact of the country of the corresponding author’s affiliation on quantitative quality of individual papers. We show that Q1 research papers in international collaboration have a higher scientific impact than papers published in national partnerships. Moreover, the corresponding authors’ country of affiliation significantly affects scientific impact.

Open Access: Yes

DOI: 10.3390/publications10040035

A Study of the Relation between Byline Positions of Affiliated/Non-Affiliated Authors and the Scientific Impact of European Universities in Times Higher Education World University Rankings

Zsolt Kohus Márton Demeter Katalin Czakó Eszter Lukács László Kun Gyula Péter Szigeti

Publication Name: Sustainability Switzerland

Publication Date: 2022-10-01

Volume: 14

Issue: 20

Page Range: Unknown

Description:

Universities have undergone a profound transformation to increase their competitiveness and research performance; evaluating their research output and scientific impact is therefore of great importance. This article aims to suggest an approach to analyze how the JIF quartile share of research articles differs among European universities in medical science, and how the byline positions of affiliated and non-affiliated authors can influence an article’s scientific impact. We examined the research output of universities in the Top 5 European and Visegrad Group Countries based on the Times Higher Education (THE) World University Ranking 2022 (University of Oxford, ETH Zurich, Karolinska Institute, Charité—Universitätsmedizin Berlin, KU Leuven, Semmelweis University, Jagiellonian University, Charles University Prague, and Comenius University Bratislava). We found that the share of Q1 and the less prestigious Q3 and Q4 papers are inversely proportional when plotted against the ranks of universities. Whilst the proportion of Q1 papers is higher for the Top 5 universities, this ratio decreases with a less prominent place in the ranking. The presence of non-affiliated authors in the first, last, and corresponding author byline positions has a significantly positive effect on the Category Normalized Citation Impact, correlating with the position of the university in the ranking. Moreover, the difference in the Category Normalized Citation Impact between papers with affiliated and non-affiliated authors is also specific to university rank.

Open Access: Yes

DOI: 10.3390/su142013074

Understanding intentions towards seeking university-business partnerships – analysing four european cases

Zsolt Kohus Katalin Czakó Zoltán Baracskai

Publication Name: Journal of International Studies

Publication Date: 2021-01-01

Volume: 14

Issue: 2

Page Range: 228-244

Description:

It is an important economic and social issue for universities to provide value for their communities by seeking and maintaining partnerships with local firms. This paper analyses institutions of different national economies. It systematises the differences and similarities in the communication of universities aiming to partnering. To this end, we present four European cases from France, Germany, Hungary and Poland. The methodology lies in its grounded theory approach to a continuous multi-case analysis. Our hypotheses are as follows: There are role differences of universities in the observed cases (H1). There are different understandings behind fruitful university-business partnerships (H2). The rate of diversification in local industries effects the presence and types of university services and business partnering activity (H3). Data hubs were extracted from institutional communications and integrated with local economic data input. The novel approach of applying the grounded theory supports complex observation. Notions of fruitful partnerships are institution-specific, but we identify two opposite perspectives of strategies to run efficient university-business partnering. The structure of the local industrial environment, research output and university-business interactions have definable mutual effects.

Open Access: Yes

DOI: 10.14254/2071-8330.2021/14-2/15

Cross-country analysis of supply chain management drivers for small and medium-sized enterprises

Santi Setyaningsih Katalin Czakó Tihana Vasic Peter Kelle

Publication Name: Polish Journal of Management Studies

Publication Date: 2021-01-01

Volume: 23

Issue: 1

Page Range: 352-369

Description:

Supply Chain Management (SCM) drivers are the key factors in successful SCM strategy implementation. SMEs with limited resources need to focus on the top drivers to improve performance and competitiveness. The paper explores which driver factors have the largest importance according to the opinion of the top managers of SMEs. Two developing countries were compared which have different supply chain environments mainly due to their geographical structure. Information from top managers of 105 Hungarian and 124 Indonesian SMEs was collected using an online questionnaire. The data was analysed using statistical methods. This study is the first to rank SCM drivers in a quantitative study comparing SMEs in different supply chain environments. The findings reveal that from 22 driver factors both countries perceive the same top 10, however in a different ranking order. Improvement of customer satisfaction and information dissemination are the top two drivers, which are highly correlated.

Open Access: Yes

DOI: 10.17512/pjms.2021.23.1.22

Gamification in for-profit organisations: A mapping study

Katalin Czakó László Szendrői Krishna S. Dhir

Publication Name: Business Theory and Practice

Publication Date: 2020-06-25

Volume: 21

Issue: 2

Page Range: 598-612

Description:

This study reviews prevailing trends in “for-profit” business-related gamification. It examines the current literature, focusing on gamification elements, industries and variables that is of interest to researchers in different business environments. A systematic mapping approach was applied to this study. Articles were selected from different databases in a two-step screening process, subject to sets of inclusion and exclusion criteria. A total of 25 articles were further for: (1) represented industries, (2) orientation of the gamified system, (3) types of implementation, (4) gamification elements analysed, (5) impact on companies, and (6) company variables analysed. Results confirmed that the number of empirical studies on gamification in for-profit organisations is growing. Researchers have placed greater emphasis on analysing customer-related gamification environments than on employee-oriented gamification. This finding is consistent with the prevailing trend of increasing demand from practitioners to gamify customer-related processes. This is likely due to the potential for higher positive impact on the performance of companies. Most frequently deployed gamification elements are badges, rewards, and leader boards. The literature suggests that over all, gamification has a positive effect on various company variables, such as motivation, engagement of employees, brand loyalty, and customer experience. This paper highlights the particular areas of business-related gamification that have already been examined and possible future directions.

Open Access: Yes

DOI: 10.3846/btp.2020.11864

Differences, constraints and key elements of providing local sharing economy services in different-sized cities: A Hungarian case

Katalin Czakó Dávid Fekete Kinga Szabó Marcell Tóth

Publication Name: Resources

Publication Date: 2019-09-01

Volume: 8

Issue: 3

Page Range: Unknown

Description:

The business models of sharing economy services can differ fromeach other in different-sized cities. This paper provides a deeper understanding of the implementation of locally operating services for car, bicycle and office sharing in the urban environment. Our goal is to reveal the differences between the capital city and an economically well-developed city in order to provide beneficial findings to the development of the presently operating services, or to the possible implementation of future services. Methodology of the paper applies the Business Model Canvas approach (BMC). We introduce a comparative analysis using data from the Hungarian database, which records details of all the publicly visible sharing economy services countrywide. The results show that BMC can reflect the main differences, constraints and key elements in the business models of sharing economy services. We can say that, in the case of a bike sharing service operated in the non-capital city, there is more segmentation than seen in the same service in the capital. There are significant price differences, especially in the case of long-term tickets. The number of inhabitants and private capital remain the biggest constraints in the case of car-sharing services, but there is also a possibility of implementation in the non-capital cities by applying small-scale services with a good value proposition and segmentation.

Open Access: Yes

DOI: 10.3390/resources8030147

Services of economic development organisations in GyŐr

Reisinger Adrienn Petra Kecskés Katalin Czakó

Publication Name: Deturope

Publication Date: 2017-01-01

Volume: 9

Issue: 3

Page Range: 85-100

Description:

Economic development of a municipality is highly depended on organizations and institutions, which services target local entrepreneurs and other economic actors. In the summer of 2015 we have collected and mapped the services of organizations with the function of economic development in the Hungarian city, Gyor. Through our research we could identify the services and the characteristics of linkages and cooperation of the economic development organizations (EDOs). Most important findings of the study are the followings: activity of the organizations has a wide range. Some of them are presented in more organizations at the same time. Level of diversification is quite low. Directions of cooperation are mainly based on personal or ad hoc relations. We conducted that EDOs know about each other, despite of this fact the number of linkages is low. In this paper we provide findings about Gyor, but the results can be used for other settlements' economic development, too.

Open Access: Yes

DOI: DOI not available