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The Impact of Financial Technology Investment on Corporate Innovation: Based on the Perspective of the Digital Economy

Binran Liu (), Ge Yan, Wenyue Yang, Siya Zhou and Zhiqiao Zhang
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Binran Liu: Hebei Normal University of Science and Technology, International Economics and Trade
Ge Yan: Zhejiang University of Finance and Economics, Law Major
Wenyue Yang: Zhejiang Wanli University, International Economics and Trade
Siya Zhou: South China Agricultural University, Business Administration
Zhiqiao Zhang: Zhejiang Wanli University, International Economics and Trade

A chapter in Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023), 2024, pp 479-486 from Springer

Abstract: Abstract The world is now gradually entering the era of digital economy, and the wide application of digital economy not only profoundly affects the transformation and upgrading of traditional industries and gives rise to new industries, but also promotes the adjustment of government macro policies to a certain extent. This paper explores the relationship between government financial investment in science and technology and enterprise innovation based on the perspective of digital economy development in China’s domestic environment, the reasons for changes in government financial investment in science and technology, and the reasons for the influence of government policies on the development of enterprise science and technology innovation. Ultimately, it is hoped that the empirical and theoretical analysis will lead to the conclusion that government macroeconomic regulation has an impact on enterprise technological innovation, which will bring some insight to China’s economic development and enterprise innovation thinking.

Keywords: Science and technology innovation; Macro-control; Fiscal policy; Empirical analysis; Enterprise development (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-246-0_58

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DOI: 10.2991/978-94-6463-246-0_58

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