Author(s)

KaiWen Li¹, YanLin Ji², Min Liu², SuiYi Liao^1*

Affiliation(s)

¹School of Statistics and Data Science, Guangdong University of Finance & Economics, Guangzhou 510000, Guangdong, China.

²School of Economics, Guangdong University of Finance & Economics, Guangzhou 510000, Guangdong, China.

Corresponding Author

SuiYi Liao

ABSTRACT

Innovation and entrepreneurship are of great significance to enhance the overall national strength and promoting regional development. Promoting innovation and entrepreneurship is an inevitable requirement for China to enhance the internal driving force and high-quality economic development. Based on the panel data of 279 prefecture-level cities in China from 2011 to 2019, this paper constructs a fixed-effect model to verify the relationship between digital inclusive finance and urban innovation and entrepreneurship and its influence mechanism. The study found that digital inclusive finance can significantly affect the improvement of the level of urban innovation and entrepreneurship, and the conclusion is still valid after changing the measure of urban innovation and entrepreneurship and deleting the robustness test of the provincial capital cities. Secondly, through the construction of the intermediary effect model, it is found that digital inclusive finance promotes the level of urban innovation and entrepreneurship by improving the development level and marketization degree of the Internet.

KEYWORDS

Panel data; Digital inclusive finance; Innovation and entrepreneurship; The intermediary effect

CITE THIS PAPER

KaiWen Li, YanLin Ji, Min Liu, SuiYi Liao. The impact of digital inclusive finance on urban innovation and entrepreneurship. World Journal of Economics and Business Research. 2025, 3(5): 72-82. DOI: https://doi.org/10.61784/wjebr3079.

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