Fin-Tech and Corporate Innovation

Shuo Huang
2021 Advances in Economics, Business and Management Research   unpublished
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
more » ... ltiple 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.
doi:10.2991/assehr.k.211209.379 fatcat:4jslt6d7s5f6zidzhmobuu7sw4