Incentives or disincentives? Intellectual property protection and FinTech innovation - Evidence from Chinese cities

Lei Ding and Peng Xue

Finance Research Letters, 2023, vol. 58, issue PB

Abstract: This study investigates the impact of intellectual property rights protection (IPRP) on FinTech innovation. Using panel data from 284 prefecture-level cities in China between 2013 and 2020, panel models and 2SLS estimation are employed to examine the relationship between IPRP and FinTech innovation. The results demonstrate that IPRP serves as an effective incentive for driving FinTech innovation. This finding remains robust even after addressing endogeneity and conducting various robustness tests. By shedding light on the influence of IPRP on FinTech innovation, particularly in the context of business model innovation, this study contributes to an improved understanding of the subject.

Keywords: FinTech; Intellectual property protection; Incentive effects; Panel model (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612323008231
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:58:y:2023:i:pb:s1544612323008231

DOI: 10.1016/j.frl.2023.104451

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().