The impact of digital finance on urban entrepreneurial activity: The moderating effect of advanced human capital structure

Zhiyong Zhen, Ruoshan Cao, Xiaohang Gan and Chen Wang

Finance Research Letters, 2024, vol. 64, issue C

Abstract: Digital finance has positively influenced traditional finance, fiscal expenditure, and industrial structure, robustly supporting entrepreneurship. This study uses urban panel data from China from 2011 to 2021 to explore the relationship between digital finance, urban entrepreneurial activity, and human capital structure advancement. The research finds that digital finance development significantly boosts urban entrepreneurial activity. Advanced human capital structure positively moderates this process. Heterogeneity tests reveal regional disparities in this impact: in the eastern regions, digital finance has a stronger positive effect on enhancing urban entrepreneurial activity.

Keywords: Digital finance; Urban entrepreneurial activity; Advanced human capital structure; China (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324004446
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:64:y:2024:i:c:s1544612324004446

DOI: 10.1016/j.frl.2024.105414

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 ().