Research on the Impact of Digital Inclusive Finance on Regional Innovation Level
In the context of high-quality economic development in China,innovation,as an important driving factor,is still not compatible with high-quality development to some extent.The rapid development of digital inclusive finance provides a new path to improve the regional innovation.Based on provincial panel data from 2012 to 2021,this paper conducts an empirical study on the relationship between digital inclusive finance and regional innovation.The results show that digital inclusive finance can significantly promote the regional innovation.Both the coverage breadth and usage depth of digital finance can significantly improve regional innovation,while the digitization degree has an adverse impact on the improvement of regional innovation to a certain degree.Regional heterogeneity analysis indicates that digital inclusive finance can significantly promote the development of regional innovation in the central and western regions,but this impact is not significant for the eastern regions.
digital inclusive financeregional innovation levelpatent application