How Does Digital Technology Help Start-Ups’ Financing Development? - Discussion and Analysis Based on Four Kinds of Digital Technology
Huili Cong ()
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Huili Cong: Beijing Hospitality Institute
A chapter in Proceedings of the 2023 International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2023), 2024, pp 84-93 from Springer
Abstract:
Abstract This study focuses on how digital finance can help startups in financing, and analyzes the advantages of digital technology in improving financing efficiency and reducing costs through an in-depth study of the use of big data, artificial intelligence, cloud computing, blockchain and other technologies in financing. We examine the potential risks of digital finance to start-ups and propose corresponding countermeasures to ensure that digital finance promotes start-up financing without causing new problems. The study found that digital finance provides a fresh financing path for smes and promotes their development. This has positive implications for promoting sustainable growth in the overall economy and creating a better entrepreneurial climate. This study departs from the traditional theoretical framework, expands the range of financing channels, focuses on the mechanism of digital finance on entrepreneurship and the characteristics of providing financing for startups at different stages of development, which is innovative and has practical application value.
Keywords: Digital Finance; Digital Technology; Start-ups; Financing Paths (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-441-9_9
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DOI: 10.2991/978-94-6463-441-9_9
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