Dariusz Cichon
57779905500
Publications - 7
Financial Geographic Accessibility and Corporate Innovation: An Analysis of Spatial Synergy Based on Land Use and Environmental Sustainability
Publication Name: Land Degradation and Development
Publication Date: 2025-08-15
Volume: 36
Issue: 13
Page Range: 4562-4587
Description:
In the face of land degradation and environmental constraints, it is imperative to have an adaptive financial geography structure and a land resource utilization system that supports corporate innovation. This study constructs a refined financial geographic accessibility measurement index. By integrating multi-source spatio-temporal big data, the study breaks through the static limitation of traditional statistical data. It accurately analyzes the spatial synergistic effect between the spatial distribution of financial institutions and land use planning. Land use data, such as spatial development rate and spatial interest points, provide high-precision spatial evidence for revealing the mechanism of financial geographic accessibility affecting corporate innovation. Further, from the environmental sustainability perspective, this paper studies the moderating effect of environmental constraints on corporate innovation. Financial geographic accessibility can improve corporate innovation by reducing financing costs, accelerating knowledge spillover, realizing intermediate input sharing, improving labor matching, and giving play to location advantages. Notably, this facilitation effect performs better in cities with high energy consumption and carbon emissions. Heterogeneity analysis shows that proximity to the city center, low industrial maturity, government subsidies, soes, and large-scale corporations significantly amplify the innovation benefits of financial geographic accessibility. This study combines remote sensing data with spatial big data to provide a new methodological framework for analyzing land use and degradation.
Open Access: Yes
DOI: 10.1002/ldr.5653
Using innovation and entrepreneurship for creating edge in service firms: A review research of tourism and hospitality industry
Publication Name: Journal of Innovation and Knowledge
Publication Date: 2024-10-01
Volume: 9
Issue: 4
Page Range: Unknown
Description:
This paper aims to inform policy and research in the domain of tourism and hospitality on the role of innovation and entrepreneurship. The paper applies the review research methodology to collate, comprehend, and synthesise 139 papers selected through a standard procedure. Our findings show that innovation drives growth and value in new tourism and hospitality firms. The study examines external factors, particularly government policies, influencing industry stakeholders’ entrepreneurial orientation and the macroeconomic environment affecting entrepreneurial activities. It also highlights the importance of social entrepreneurship in industry innovation and sustainability. This article emphasises the importance of innovation and entrepreneurship in tourism and hospitality growth, value creation, and social and environmental issues.
Open Access: Yes
Navigating global financial turbulence: The evergrande collapse and its contagion effect
Publication Name: International Review of Economics and Finance
Publication Date: 2025-12-01
Volume: 104
Issue: Unknown
Page Range: Unknown
Description:
This study investigates the contagion effects of the Evergrande collapse across international financial markets, with emphasis on tail-risk dynamics. Unlike prior work focusing on average spillovers or event windows, we employ a Quantile Vector Autoregression (QVAR) framework to capture state-dependent connectedness under bearish, median, and bullish market conditions, as well as calm versus turbulent volatility regimes. Using daily data for nine major stock indices (2015–2024), we find that the Evergrande crisis significantly amplified global spillovers, but with heterogeneous magnitudes across quantiles. At the 95 % volatility quantile, returns spillovers in the median quantile from Shanghai to the EU increased, during the Evergrande crisis, by approximately 3.5 % in the Net Pairwise Connectedness (NPC) case. In contrast, with very few exceptions, Canadian spillovers remained negligible, confirming its resilience and diversification potential. These results show that extreme market states reveal contagion patterns invisible in average-state analyses, underscoring the systemic role of Hong Kong as a transmission hub and the conditional global influence of Shanghai. The findings provide actionable insights for policymakers on monitoring tail-risk channels and for investors seeking hedging strategies in insulated markets.
Open Access: Yes
Rethinking sustainable tourism through innovation and knowledge: A conceptual framework for policy and practice
Publication Name: Equilibrium Quarterly Journal of Economics and Economic Policy
Publication Date: 2025-12-30
Volume: 20
Issue: 4
Page Range: 1459-1491
Description:
Research background: Tourism plays a central role in global economic development and cross-cultural exchange. In the wake of the COVID-19 pandemic, there has been a growing focus on integrating sustainability, innovation, and equity into tourism practices. Traditional models have often overlooked the complex interplay of social, environmental, and economic challenges faced by destinations. This has spurred a rethinking of tourism development, driven by community empowerment, climate concerns, and technological advances. Purpose of the article: The study aims to explore how a transformative approach to tourism can be achieved by centering community participation, embracing sustainability, and incorporating innovative social practices. It focuses on the intersections of social innovation, ruralluxury travel, heritage preservation, and inclusive governance. The authors seek to construct a conceptual framework that captures emerging themes and sub-themes within sustainable tourism, offering practical insights for policymakers and industry stakeholders. Methods: An integrative review approach was applied, guided by PRISMA methodology. Following keyword extraction, topic modeling was conducted using Latent Dirichlet Allocation (LDA), a widely used technique for discovering hidden topics in text data. Over 12,000 academic sources from the Scopus database were synthesized. A conceptual model was developed through inductive analysis to identify interrelationships between tourism-related themes. Findings & value added: The key findings highlight the transformative potential of strategies that align tourism practices with environmental stewardship, local empowerment, and innovative management approaches. The study underscores actionable implications such as the establishment of innovation hubs, and cross-sector partnerships, offering pathways to foster a tourism sector that not only supports global sustainable development goals, but also ensures long-term community resilience and equitable development.
Open Access: Yes
DOI: 10.24136/eq.4010
Mapping municipal debt risks: A spatiotemporal analysis of China's prefecture-level cities
Publication Name: International Review of Economics and Finance
Publication Date: 2026-03-01
Volume: 106
Issue: Unknown
Page Range: Unknown
Description:
Addressing the risks associated with local government debt is crucial for economic development and fiscal security. This paper analyzes the spatiotemporal distribution of municipal government debt risks using panel data from 271 prefecture-level cities in China from 2015 to 2021, employing Exploratory Spatial Data Analysis (ESDA) and the Spatial Durbin Model. The prime objective of this research is to analyze the spatiotemporal distribution of municipal government debt in different regions of China, including the central, western, eastern regions. Key findings include: (1) Local government debt risk exhibits a fluctuating upward trend characterized by significant regional, administrative, and debt-type disparities. (2) Risk levels in central and western regions have increased, while major urban agglomerations have maintained medium or lower risk levels. (3) Local government debt risk demonstrates significant global spatial correlation, with low-low (LL) agglomerations evolving from multi-centered to dual-centered distributions. (4) Notably, a 1 % increase in neighboring debt risk leads to a 0.2467 % rise in local debt risk. (5) Fiscal pressure, urbanization rates, and economic scale are primary drivers of local government debt risk, whereas industrial structure, land transfer income, and financial development serve to mitigate it. These findings underscore the intra-regional and inter-regional heterogeneity and geographical differences, providing valuable insights for managing municipal government debt risk.
Open Access: Yes
From cross-helix knowledge to societal impact: The role of network diversity, innovation capabilities, and policy dynamism
Publication Name: Technological Forecasting and Social Change
Publication Date: 2026-05-01
Volume: 226
Issue: Unknown
Page Range: Unknown
Description:
Innovation ecosystems today are under more pressure than ever to not only improve technology but also solve social and environmental problems. This study, informed by the Triple Helix Theory and Public Value Theory, formulates and evaluates a multilevel framework elucidating how collaboration across universities, industry, and governments can produce sustainable and socially beneficial innovation outcomes. The model analyses the contributions of Cross-Helix Knowledge Co-Creation Intensity (CKCI) and Public Value Orientation of Innovation (PVOI) to the development of Network Structural Diversity (NSD), which subsequently enhances Sustainable Innovation Capabilities (SIC). The study utilizes data from pivotal innovation sectors in the US and UK, demonstrating that SIC is a strong predictor of both Societal Impact Performance (SIP) and Triple Helix Sustainability Synergy (THSS). A serial mediation pathway from CKCI and PVOI through NSD and SIC is established, demonstrating that collaborative knowledge and public value orientation collectively yield beneficial social outcomes. The moderating effect of Policy Environment Dynamism (PED) on the relationship between SIC and SIP was not significant, indicating that robust internal capacities can still influence social outcomes in unstable policy environments. This study offers theoretical and practical insights for businesses aiming to develop inclusive, mission-oriented, and resilient innovation ecosystems.
Open Access: Yes
The impact of waste on resource and energy productivity: A circular economy perspective
Publication Name: Journal of International Studies
Publication Date: 2026-01-01
Volume: 19
Issue: 1
Page Range: 207-226
Description:
As cities continue to grow, managing the increasing amount of waste has become an important concern. The study intends to assess the effects of waste generation and treatment on total resource productivity, as well as its subset, energy productivity, in European Union (EU) countries. The research employs the Driscoll-Kraay standard errors fixed effect model using panel regression. The findings reveal that waste generation impacts negatively on overall resource productivity and energy productivity. Furthermore, waste treatment also has a negative impact on resource productivity and energy productivity. These results suggest that despite the reduction in waste volumes achieved through treatment, the process may still have a negative relationship with productivity outcomes. The paper explores the underlying reasons for these findings and evaluates the status of waste generation and treatment across EU countries. Implications suggest introducing public-private partnerships to strengthen waste treatment processes, eco-tax solutions, incentives to green organizations, penalties for environmentally harmful practices, and improved data accessibility for informed decision-making. This study evaluates waste treatment techniques in the EU, focusing on the implementation of circular economy principles to promote sustainable development, increase resource productivity, and strengthen waste management frameworks.
Open Access: Yes
