Government Digital subsidies, Digital Innovation and High-quality Enterprise Development

Wenqian Cao (), Shuo Ma (), Pengcheng Wang () and Songqiang Wu ()
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Wenqian Cao: Nanjing University of Technology, School of Economics and Management
Shuo Ma: Nanjing University of Technology, School of Economics and Management
Pengcheng Wang: Nanjing University of Technology, School of Economics and Management
Songqiang Wu: Nanjing University of Technology, School of Economics and Management

A chapter in Proceedings of the 2024 2nd International Conference on Digital Economy and Management Science (CDEMS 2024), 2024, pp 299-304 from Springer

Abstract: Abstract In the context of digital economy, the government promotes the digital transformation of enterprises by providing special subsidies, so as to empower the high-quality development of enterprises. Based on the data of listed enterprises related to the digital economy from 2001 to 2021, this paper innovatively examines the impact of government digital subsidies on the high-quality development of enterprises from the perspective of digital innovation by using text analysis and other methods. The research results show that government digital subsidies can achieve high-quality development of enterprises by positively promoting digital innovation. The above research results enrich the research on the implementation effect of special government subsidies, provide evidence support for the theoretical mechanism of digital technology enabling the development of the real economy, and also provide practical enlightenment for Chinese enterprises to achieve digital transformation and promote the high-quality development of enterprises.

Keywords: government digital subsidy; digital innovation; high-quality development of enterprises (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-488-4_33

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