The Incentive Effect of Digital Finance on Innovation of Small- and Medium-Sized Enterprises Considering Heterogeneity: An Empirical Study Based on Chinese-Listed Firms DOI Open Access

Wanteng Zheng,

Zixuan Ye

Sustainability, Journal Year: 2024, Volume and Issue: 16(19), P. 8533 - 8533

Published: Sept. 30, 2024

The development of digital finance provides new opportunities for solving the dilemma innovation financing small- and medium-sized enterprises (SMEs). This study empirically examined heterogeneous characteristics mediating mechanisms its incentive effects on SME using panel data Chinese GEM board-listed companies from 2010 to 2021. It was found that can significantly incentivize innovation; however, there are differences in efficacy among sub-dimensions, with breadth coverage having strongest effect, followed by depth use, digitization degree a non-significant effect. Meanwhile, is heterogeneity effect innovation, which manifested as private SMEs regions stronger financial regulations higher marketization being more likely be incentivized innovate. In addition, indirectly innovate through three paths: alleviating constraints, improving risk tolerance, information asymmetry.

Language: Английский

Digital economy and consumption upgrading: scale effect or structure effect? DOI
Dong Guo,

Lin Li,

Lu Qiao

et al.

Economic Change and Restructuring, Journal Year: 2023, Volume and Issue: 56(6), P. 4713 - 4744

Published: Nov. 21, 2023

Language: Английский

Citations

40

Digital transformation, financial literacy and rural household entrepreneurship DOI
Jingwen Li, Haoliang Wang, Wei Ni Soh

et al.

Finance research letters, Journal Year: 2024, Volume and Issue: 62, P. 105171 - 105171

Published: Feb. 29, 2024

Language: Английский

Citations

16

How does digital inclusive finance affect county's common prosperity: Theoretical and empirical evidence from China DOI
Dong Guo,

Lin Li,

Guoguang Pang

et al.

Economic Analysis and Policy, Journal Year: 2024, Volume and Issue: 82, P. 340 - 358

Published: March 18, 2024

Language: Английский

Citations

16

Are digital trends driving corporate environmental, social, and governance practices? Evidence from China DOI
Suyang Xiao, Jiajun Xu, Rui Li

et al.

Business Strategy and the Environment, Journal Year: 2024, Volume and Issue: 33(6), P. 5366 - 5385

Published: April 3, 2024

Abstract This paper aims to explore whether the trend of digital transformation is driving companies engage in environmental, social, and governance (ESG) practices. The impact strategic on firms all‐encompassing, making it difficult capture mechanisms corporate ESG To this end, we construct a new theoretical framework that combines slack resources stakeholder theory. attributes heterogeneity practices differences ability willingness companies. Using data from Chinese listed companies, find improving performance. mechanism increases availability long‐term strengthens connection with stakeholders. However, there insufficient evidence contributes greater transparency disclosure. We also effect larger for less risk‐responsiveness international connections, but smaller political connections. Our findings affirm advantages contemporary trends offer investigate factors influencing

Language: Английский

Citations

14

A multidimensional investigation on spatiotemporal characteristics and influencing factors of China's urban-rural income gap (URIG) since the 21st century DOI

Zhaolin Wang,

Xiaozhong Zheng,

Yingying Wang

et al.

Cities, Journal Year: 2024, Volume and Issue: 148, P. 104920 - 104920

Published: March 1, 2024

Language: Английский

Citations

12

Research on the impact and mechanism of digital capabilities and digital finance on household wealth in the context of aging DOI Creative Commons
Y.R. Li, Renhao Jin, Xiaohui Li

et al.

Heliyon, Journal Year: 2024, Volume and Issue: 10(2), P. e24255 - e24255

Published: Jan. 1, 2024

China has entered a period of synchronous development between digitalization and aging. Based on the data from Household Finance Survey (CHFS), partial least squares structural equation model (PLS-SEM) multi-group analysis were used to analyze impact mechanism digital capabilities finance wealth elderly households. The results indicate that can improve level households headed by through direct indirect paths. effects household are all exerted node business property income, entrepreneurship/investment mediating variables. Moreover, have greater in central western regions, while eastern regions. In addition, there is no significant difference effect income across larger region. above conclusions provide theoretical practical support for realizing active aging common prosperity different countries

Language: Английский

Citations

5

How does circulation industry agglomeration help close the income gap between urban and rural areas? — Evidence from China DOI

Fengyu Qi,

Dong Guo,

Yaping Xu

et al.

Socio-Economic Planning Sciences, Journal Year: 2024, Volume and Issue: 94, P. 101952 - 101952

Published: May 28, 2024

Language: Английский

Citations

4

Is e-commerce widening or narrowing the income distribution gap among Chinese households? DOI
Yan Mei, Nuoyan Lin, Bangqi Hu

et al.

China Agricultural Economic Review, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 17, 2025

Purpose Although many researchers have studied the benefits of applications e-commerce, few examined relationship between e-commerce and its effects on household income distribution. This study explores development distribution in different regions China. Design/methodology/approach uses a two-way fixed effect model for empirical analysis based matched data from E-commerce Development Index China Family Panel Studies database. The instrumental variables method is used robustness testing. Findings research findings indicate following: (1) significantly reduces inequality among Chinese households. For every 10% increase development, gap shrinks by 2.38%, with reduction 2.97 0.47% urban rural areas, respectively. (2) due to more pronounced economically advanced regions. (3) eastern western has greater impact reducing than areas. In contrast, opposite observed central region. Originality/value contributes existing examining It important theoretical practical implications issues such as narrowing urban–rural gap.

Language: Английский

Citations

0

Digital finance and health outcomes: uncovering the links in China DOI
Miao Yu,

Fengqing Gu,

Xizi Wan

et al.

Electronic Commerce Research, Journal Year: 2025, Volume and Issue: unknown

Published: April 24, 2025

Language: Английский

Citations

0

How digital financial inclusion enhances agroecological efficiency: impact effects and mechanism tests DOI Creative Commons
Yudong Zhang,

Ruiqing Cui,

Xiaobei Wei

et al.

International Review of Economics & Finance, Journal Year: 2024, Volume and Issue: unknown, P. 103755 - 103755

Published: Nov. 1, 2024

Language: Английский

Citations

3