Fintech and Regional Entrepreneurial Activity——An Empirical Study Based on Provincial Panel Data in China
This paper uses China's provincial panel data during 2011-2021 to explore the impact of financial technology(fintech)on regional entrepreneurship.The empirical results indicate that the increase in the number of fintech companies significantly enhances regional entrepreneurial activity.This entrepreneurial driving effect is more pronounced in the areas on the southeast side of the Hu Huanyong Line and areas with a higher degree of marketization,as well as in the second,third,and service industries.Further research has found that by empowering the traditional finance through technology,fintech has achieved a dual channel impact on regional entrepreneurship.Firstly,it has made external financing more in-clusive,and secondly,it has advanced the industrial structure.The research conclusion of this paper provides policy inspi-ration for fully leveraging the entrepreneurial driving effect of financial technology.
NETL
NSTL
万方数据
