The Impact of Fintech on Innovation in Manufacturing Firms

Pinzheng Wang ()
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Pinzheng Wang: Jiangxi University of Finance and Economics

A chapter in Proceedings of the 2025 3rd International Conference on Digital Economy and Management Science (CDEMS 2025), 2025, pp 58-66 from Springer

Abstract: Abstract The real economy is the foundation of a country’s economy and an important driving force for national development. As the foundation of the real economy, manufacturing SMEs are facing the problem of lack of core technology and the urgent need to improve their technological innovation capacity. The progress of financial technology can help stimulate the innovation ability of manufacturing SMEs. This paper uses the panel data of manufacturing SMEs in China’s former small and medium-sized enterprises (SMEs) sector from 2014 to 2023, and applies the fixed-effect model to study the impact and mechanism of fintech on the innovation of manufacturing SMEs and puts forward relevant suggestions.

Keywords: fintech; manufacturing SMEs; financing constraints (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-770-0_8

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DOI: 10.2991/978-94-6463-770-0_8

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