Impact of Financial Technology on Green Innovation of Industrial Enterprises
Based on the panel data of A-share listed industrial enterprises in China from 2014 to 2022,the impact of fintech on the level of green innovation of industrial enterprises is empirically examined through a fixed effect model on the basis of combing the theories of fintech to promote green innovation of enterprises.The study finds that FinTech can significantly promote green innovation of industrial enterprises and enhance the level of green innovation of enterprises by alleviating financing constraints;the impact of FinTech on the enhancement of the level of green innovation of industrial enterprises has significant regional heterogeneity,and the promotion effect is more pronounced in the eastern and central parts of the country.
financial technologyindustrial green innovationfinancing constraintsfixed effects