Fin-Tech and Corporate Innovation

Evidence from China

DOI

10.2991/assehr.k.211209.379How to use a DOI?

Keywords

Fintech; Innovation; financial technology

Abstract

Can Fin-Tech improve corporate innovation? Using the data of Chinese listed companies, this paper studies the impact and mechanism of financial technology on corporate innovation. The empirical results show that the development of financial technology has significantly improved the innovation performance of corporations. This paper obtains a consistent conclusion by taking the development level of regional financial science and technology as a variable. The conclusion is consistent when using multiple regression models, which reflects its robustness. Mechanism analysis shows that Fin-Tech can alleviate the financing difficulties of corporations and improve tax returns, which is more obvious in the economically developed eastern region and high-tech industries. According to the analysis results, this paper also puts forward specific measures to promote the development of financial technology and improve the innovation performance of corporations.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

Download article (PDF)

TY  - CONF
AU  - Shuo Huang
PY  - 2021
DA  - 2021/12/15
TI  - Fin-Tech and Corporate Innovation
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 2315
EP  - 2326
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.379
DO  - 10.2991/assehr.k.211209.379
ID  - Huang2021
ER  -