Data Factor Sharing and Urban Entrepreneurial Vitality:Empirical Evidence from Public Data Openness
Through data mining,desensitisation,integration and analysis,data resources can be accurately matched with supply and demand,and the flow of the value chain can be innovated,thus helping to cultivate new productivity and promote high-quality economic development.China has extremely massive data resources,especially public data resources covering government governance-related and enterprises with significant public interests generated by government departments in the performance of their public duties,and it is an important initiative to promote the construction of digital government and digital economy strategy to public data openness.Currently,China's economic vitality is an inherent requirement for promoting high-quality economic development.The enterprises are the main body of the market economy,which is the'ballast'to promote the development of the national economy,and to adequately stimulate and release the entrepreneurial energy of the whole society is deeply rooted in the structural change of economic and social development.Then,whether the public data openness strategy can release the value creation effect,promote social entrepreneurship and enhance economic vitality is a major issue of common concern in the practical and theoretical circles.Accordingly,based on the panel data and business enterprise registration data of 296 prefecture-level cities from 2007 to 2021,using the public data platform on-line in each city as a quasi-natural experiment,the paper builds a multi-period double-difference model to attempt to examine the impact of public data openness on urban entrepreneurial vitality and its channels of action based on the symbiotic logic perspective of government governance and market efficiency.The research finds that,first,public data openness significantly promotes urban entrepreneurial vitality.Second,the mechanism test indicates that the reduction of institutional transaction costs and the optimisation of information search efficiency are the economic mechanisms through which public data openness promotes the enhancement of urban entrepreneurial vitality.In particular,on the one hand,public data openness strengthens the public supervision and accountability mechanism,improves the efficiency of government public services,reduces institutional transaction costs,and then stimulates the enhancement of urban entrepreneurial vitality;on the other hand,public data openness strengthens the entrepreneurs'customer anchoring,market demand orientation,and entrepreneurial opportunity perception by optimising the efficiency of information search and matching,and then creates the opportunities and conditions for entrepreneurs,and then positively impacts on the enhancement of urban entrepreneurial vitality.Third,the heterogeneity analysis indicates that regional factor agglomeration capacity and informal institutional environment strengthen the role of public data openness in promoting urban entrepreneurial vitality,and that public data openness bridges the gap of policy support for digital infrastructure in the initial region,and promotes entrepreneurship in the productive service industry more significantly,which suggests that public data openness further promotes high-quality entrepreneurship.The contribution of this research is that,firstly,focusing on the functional positioning of public data openness to promote the construction of digital government and digital economy strategy,we have empirically analysed the impact of public data openness on urban entrepreneurial vitality,which enriches the results of the research related to public data openness.Secondly,we further explore the internal mechanism of public data openness affecting urban entrepreneurial vitality,focusing on the impact on entrepreneurship of the government governance logic of systemic transaction cost reduction and the market efficiency logic of information search and matching efficiency optimisation.Meanwhile,a new theoretical logic is provided to further understand the role of the organic combination of'active government'and'effective market'in the construction of data factor marketisation process in the era of big data.Third,this study further explores the effects of regional factor endowments,informal institutional environments,differences in initial digital infrastructure policy support and heterogeneity of entrepreneurial industries,which are important policy values for understanding the value creation effects of public data openness and improving the institutional design to enhance the entrepreneurial vitality of cities.
Public Data OpennessUrban Entrepreneurial VitalityInstitutional Transaction CostsInformation Search Matching Efficiency
万方数据
