In the context of the digital transformation of the global economy,small and medium-sized enterprises(SMEs)are faced with the important bottleneck of financing constraints.Taking the data of listed SMEs from 2013 to 2022 as the initial research sample and measuring the digital transformation of these enterprises through the digital keywords mentioned in their annual reports,this paper explores the impact of digital transformation on financing constraints and finds that such transformation can mitigate the financing challenges these enterprises face.It is recommended to promote the digital transformation of SMEs,optimize financial institutions'financing services for SMEs,facilitate the Industry-University-Research integration,foster technological innovation,and build a multi-layered financing channel,so as to promote high-quality economic development.
关键词
中小企业/数字化转型/融资约束
Key words
small and medium-sized enterprise/digital transformation/financing constraint
维普
万方数据