Can E-commerce Development Boost Urban Entrepreneurial Vitality?—Based on the Entrepreneurial Ecosystem Theory
E-commerce,as the most important component of the digital economy,is an important source for enhancing urban entrepreneurial vitality.On the one hand,existing research on the relation between e-commerce and entrepreneurship mainly focuses on family entrepreneurship and farmers'entrepreneurship,rather than the im-pact of e-commerce on urban entrepreneurial vitality from the perspective of urban entrepreneurial ecology and cor-porate entrepreneurial ecology.On the other hand,existing literature mostly adopts the online business index and e-commerce development index to characterize the e-commerce development,thus suffering from measurement errors,endogeneity problems,and the risk of confusing cause and effect.Therefore,this paper,from the perspective of the theory of entrepreneurial ecosystem,constructs the theoretical analysis framework of"urban entrepreneurial ecolo-gy-enterprise entrepreneurial ecology".It takes the national e-commerce demonstration cities as the quasi-natural sample to investigate the impact of the construction of national e-commerce demonstration cities on urban entrepre-neurial vitality.Based on the panel data of 270 prefecture-level cities in China from 2006 to 2021,this paper employs the stag-gered difference-in-differences(DID)model to systematically explore the impact and path of the construction of na-tional e-commerce demonstration cities on entrepreneurial vitality.It is found that the development of e-commerce significantly enhances urban entrepreneurial vitality,and the enhancement effect has an obvious Matthew effect and industry orientation.The promotion effect is stronger in the eastern region,high-administrative level regions,tertia-ry industry and non-productive services.The mechanism analysis shows that at the city level,e-commerce develop-ment enhances urban entrepreneurial vitality by promoting talent concentration,attracting venture capital,and pro-moting technological innovation.At the enterprise level,e-commerce development can urban entrepreneurial vitality by reducing transaction costs and alleviating financing constraints.The analysis of economic consequences shows that the entrepreneurial effect of e-commerce development can be effectively transformed into the job creation effect.The policy recommendations are as follows.First,we should continue to strengthen the construction of national e-commerce demonstration cities and emphasize the role of e-commerce in enhancing urban entrepreneurial vitality.Second,we should optimize the multi-dimensional paths for the construction of demonstration cities to promote ur-ban entrepreneurial vitality.Third,we should fully consider the internal and external environments for the estab-lishment of demonstration cities and formulate effective corrective policies for e-commerce development.Fourth,we should strengthen the job creation effect of entrepreneurship.
urban entrepreneurial vitalitye-commerceentrepreneurial ecosystemnational e-commerce model citiesstaggered DID
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