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A Critical Review of The Impact of Fintech Credit on Green Innovation: International Evidence Bhenu Artha; Utami Tunjung Sari; Antonius Satria Hadi; Bahri Bahri; Niken Permata Sari; Cahya Purnama Asri; Ascasaputra Aditya
Jurnal Penelitian dan Pengabdian Masyarakat Vol. 4 No. 3 (2026): August 2026 In Press
Publisher : Yayasan Pondok Pesantren Sunan Bonang Tuban

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61231/8x82ha10

Abstract

This study aims to critically evaluate the theoretical framework, methodological robustness, and empirical claims of Tran et al. (2026) regarding the impact of Fintech credit on green innovation. Employing a systematic critical review methodology, this research analyzes the original study's data sources, variable operationalization, and econometric modeling to assess both validity and reliability. The analysis reveals that while the original study successfully differentiates peer-to-peer (P2P) from balance sheet lending and identifies key moderating variables (capital supply and financial development), its main findings are compromised by three specific limitations. First, the observational cross-country design establishes correlation but fails to prove definitive causality. Second, relying exclusively on patent counts creates measurement ambiguity regarding true green innovation. Third, hand-collected Fintech credit components introduce potential coding inaccuracies. Furthermore, theoretical gaps concerning reverse causality and mechanism ambiguity remain unresolved
A Systematic Literature Review of Digital Finance and Global Marketing Bhenu Artha; Jumadi Jumadi; Utami Tunjung Sari; Ascasaputra Aditya; Bahri Bahri; Niken Permata Sari; Antonius Satria Hadi; Cahya Purnama Asri
Indonesia Economic Journal Vol. 2 No. 1 (2026): JANUARI-JUNI
Publisher : Indo Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/ecgxy236

Abstract

Digital finance and global marketing have emerged as transformative forces reshaping the contemporary economic landscape. This study presents a systematic literature review examining the intersection of these domains, analyzing 287 peer-reviewed articles published between 2019 and 2024 from reputable international databases. Following rigorous methodological protocols, the research synthesizes current trends, identifies key research gaps, and provides actionable insights for stakeholders. The results reveal a significant growth trajectory in scholarly attention, with publications increasing from 12 in 2019 to 45 in 2024. Key research focus areas include digital marketing strategies, digital payment systems, and consumer behavior. Findings indicate that successful organizations integrate multiple technologies—specifically Artificial Intelligence (AI), blockchain, and mobile payments—into comprehensive strategies rather than isolated adoptions. Consumer trust is identified as a critical mediator influencing adoption, while regulatory fragmentation and the digital divide remain substantial barriers to global implementation. The review concludes that sustainable competitive advantage derives from integrated and customer-centric innovation.
Kebijakan Tarif Ekspor Tinggi Amerika Serikat dan Dampaknya bagi Perekonomian Indonesia: Suatu Narrative Review Tosan Surya Adi; Bhenu Artha
Indonesia Economic Journal Vol. 2 No. 1 (2026): JANUARI-JUNI
Publisher : Indo Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/p2932k42

Abstract

The United States' protectionist policies, culminating in the "Liberation Day" announcement on April 2, 2025, have significantly altered the global trade landscape. This research aims to analyze the U.S. high export tariff policy and its substantive impact on the Indonesian economy using a narrative review method. The results indicate that the implementation of a 32% tariff on Indonesian products poses serious macroeconomic challenges, particularly for the textile, electronics, furniture, and palm oil sectors. The palm oil sector recorded a 22.5% decrease in export value, while national GDP growth is projected to slow from 5.20% to 5.03%. Theoretically, U.S. policies are driven by neo-mercantilist views utilizing domestic legal instruments (Sections 301 and 232) to justify protectionism on national security grounds. Indonesia responds through a five-pillar strategy encompassing trade diplomacy, market diversification via RCEP, and regulatory reforms to enhance manufacturing competitiveness. This study concludes that structural transformation toward high value-added economies is crucial for Indonesia to navigate global economic fragmentation and the erosion of the multilateral trading system
Conceptualizing Dual Mechanisms of Decoupling: The Impact of Physical and Temporal Separation on The Intensity of Pain of Paying Tiara Kinanti; Fajar Santoso; Bhenu Artha
Indonesia Economic Journal Vol. 2 No. 1 (2026): JANUARI-JUNI
Publisher : Indo Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/t9wz2n13

Abstract

The evolution of commerce from tangible cash to digital interactions has fundamentally altered the "pain of paying," a crucial psychological heuristic that regulates consumer spending. This research aims to conceptualize the dual mechanisms of decoupling, physical and temporal separation, within a unified theoretical framework. Utilizing a narrative review methodology, the study synthesizes contemporary literature to explore how these mechanisms manipulate consumer psychology. Physical decoupling, characterized by "Spendception" and invisible payments, reduces payment transparency and neutralizes emotional resistance at the point of sale. Temporal decoupling, prominently seen in Buy Now, Pay Later (BNPL) models, exploits time perception to minimize perceived financial commitment. While these strategies effectively increase impulse buying by removing cognitive friction, they paradoxically damage long-term brand loyalty by eliminating psychological effort justification. The paper concludes that in an increasingly frictionless digital economy, cultivating robust financial literacy is essential for transitioning consumers from vulnerable, heuristic-based emotional regulation to resilient, deliberate cognitive financial management.
From Waste to Fashion – A Fashion Upcycling Contest: A Critical Review Kasma Manggala; Bhenu Artha; Utami Tunjung Sari; Niken Permata Sari; Antonius Satria Hadi; Bahri Bahri; Cahya Purnama Asri
Miftah : Jurnal Ekonomi dan Bisnis Islam Vol. 4 No. 1 (2026): April 2026
Publisher : Yayasan Pondok Pesantren Sunan Bonang Tuban

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61231/rr9mmt05

Abstract

The paper presents a case study of the TAP (Portuguese Airline Company) Upcycling Project, which challenged two young fashion designers to create garments from waste textiles sourced from decommissioned aircraft. The work is positioned within the broader context of circular economy and sustainability in the fashion industry, demonstrating how creative design processes can transform industrial waste into valuable fashion products. This critical review also emphasizes emerging research directions and strategies where advanced characterization and design approaches may help unlock the full potential of fashion upcycling.
Dinamika Green Marketing dan Adopsi Keuangan Digital pada Sektor Bisnis: Suatu Tinjauan Literatur Ascasaputra Aditya; Utami Tunjung Sari; Bhenu Artha; Bahri Bahri; Niken Permata Sari; Antonius Satria Hadi; Cahya Purnama Asri
Rashid : Journal of Economic Vol. 2 No. 1 (2026): Rashid : Journal of Economic
Publisher : Jaanur Elbarik Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65065/q6e6s422

Abstract

The primary objective of this study is to identify the strategic role of FinTech in facilitating green marketing implementation, analyze its impact on market share expansion, with a specific focus on the Micro, Small, and Medium Enterprises (MSMEs) sector, and critically evaluate the environmental challenges stemming from digital technology adoption. The methodology employed is a systematic literature review, utilizing data extraction from four reputable academic databases: Scopus, Web of Science, Google Scholar, and IEEE Xplore. Based on inclusion criteria restricted to English-language peer-reviewed articles, the final selection process yielded 82 relevant studies for analysis. The findings indicate that the integration of digital payment platforms and artificial intelligence (AI) significantly enhances market reach, operational efficiency, and the personalization of marketing campaigns. Furthermore, FinTech has been shown to facilitate the provision of green investment infrastructure, carbon footprint tracking, and incentives for eco-friendly transactions.