Research on the Impact of Digital Inclusive Finance on Innovation Performance of High-tech Industry
The innovation capability of high-tech industries is the core driving force for the high-quality development of the economy.Based on panel data from 2011 to 2022 for 30 provinces,this paper employs a two-way fixed-effects model and intermediary effects model to investigate the impact of digital inclusive finance on the innovation performance of high-tech industries.The study finds that digital inclusive finance can promote the improvement of innovation performance in high-tech industries.In terms of the transmission mechanism,digital inclusive finance can enhance the innovation performance of high-tech industries by upgrading consumption structure.In terms of heterogeneity analysis,only digital inclusive finance in the eastern region has a significantly positive impact on the innovation performance of high-tech industries.Therefore,it is necessary to further improve the development level of digital inclusive finance,leverage the multifaceted role of digital inclusive finance in promoting high-tech industries,create a synergistic development ecosystem for digital inclusive finance and high-tech industries,and enhance the role of digital inclusive finance in consumption upgrading.
digital inclusive financehigh-tech industriesinnovation performanceupgrading of consumption structure
NETL
NSTL
万方数据
