The Impact of Digital Finance on the Survival and Growth of SMEs: Evidence from China

Kai Xie, Fang Qin, Mengyao Dong and Xiaomeng Lu

Emerging Markets Finance and Trade, 2024, vol. 60, issue 13, 2980-2993

Abstract: This study investigates the impact of digital finance on the sustainability and expansion of small and micro-sized enterprises (SMEs) in China. The findings reveal that regional digital finance significantly improves SMEs’ prospects for survival and growth, particularly in terms of business income. Digital finance primarily facilitates SMEs growth by alleviating credit constraints, expanding online operations, and enhancing access to information and knowledge. This benefit is most pronounced for entrepreneurs with limited capital, and early-stage enterprises. However, this transformation necessitates higher prerequisites for regional traditional financial foundation and digital competencies. This paper contributes to a deeper understanding of how digital finance plays a crucial role in enhancing SMEs prospects in emerging markets.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/1540496X.2024.2332392 (text/html)
Access to full text is restricted to subscribers.

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:mes:emfitr:v:60:y:2024:i:13:p:2980-2993

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MREE20

DOI: 10.1080/1540496X.2024.2332392

Access Statistics for this article

More articles in Emerging Markets Finance and Trade from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().