Study on the Impact of Financial Development on the Quality of Regional Innovation in China

DOI

10.2991/978-2-38476-092-3_222How to use a DOI?

Keywords

innovation quality; financial development scale; financial efficiency; financial structure

Abstract

Based on panel data from 30 provinces in China from 2001 to 2018, this article empirically studies the impact of financial development on the quality of innovation in Chinese provinces from three aspects: scale, efficiency, and structure, using a fixed effects model. The scale of financial development plays a promoting role in improving the quality of innovation, while the efficiency of financial development has a restraining effect on the quality of innovation. The effect of financial structure on the quality of innovation is not significant. The conclusion of this article provides policy implications for leveraging the driving and promoting role of the financial system in technological innovation.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Jianhua Wen
AU  - Ling Hong
AU  - Jiangying Wu
AU  - Yunan Wu
PY  - 2023
DA  - 2023/09/09
TI  - Study on the Impact of Financial Development on the Quality of Regional Innovation in China
BT  - Proceedings of the 2023 9th International Conference on Humanities and Social Science Research (ICHSSR 2023)
PB  - Atlantis Press
SP  - 1739
EP  - 1745
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-092-3_222
DO  - 10.2991/978-2-38476-092-3_222
ID  - Wen2023
ER  -