Is the Digital Economy Conducive to Enhancing the Effectiveness of the Cultivation of SRDI Small and Medium-sized Enterprises Incubation?
This paper investigates the impact of the digital economy on the cultivation of specialization,refinement,differen-tial,and innovation(SRDI)small and medium-sized enterprises(S-SMEs)and its mechanism using panel data from 31 provinces from 2013 to 2021.The paper finds that the development of a digital economy can effectively promote the cultiva-tion of S-SMEs,and there is significant regional heterogeneity and heterogeneity in the degree of digital economy develop-ment in this promotion effect.The mechanism test finds that the digital economy can indirectly promote the cultivation of S-SMEs by alleviating the distortion of the capital factor and the distortion of the labour factor,and that the alleviation of the distortion of the capital factor plays a major role.Further research finds that the optimization of the business environment and the enhancement of openness to the outside world positively moderates the effect of the digital economy on the effective-ness of the cultivation of S-SMEs.
digital economySRDI small and medium-sized enterprisesfactors mismatch