An Analysis of Fintech Innovation in Promoting Stable Operation of Industrial Chain and Supply Chain:A Perspective of Resolving Information Friction between Banks and Enterprises
In the financial market,enterprises generally face serious financing difficulties,and an important reason for this financing gap is due to information friction.The Fintech innovation,which is closely related to information technology,provides new opportunities for further easing the information friction between banks and enterprises.This paper proposes a dual technology development model of"data processing+data collection"from the perspective of resolving the information friction between banks and enterprises.Based on this development model,data processing technologies enable the banks to efficiently process raw data and transform them into valuable information,and data collection technolo-gies can provide additional information for banks and further use them in their decision-makings.Data processing technologies and data collection technologies have a complex relationship of substitution or complementation in different situations.When they are substitutes for each other,both data processing technologies and data collection technologies can generate signals independently and play a role in the banks'lending decisions.When they complement each other,data processing technologies and data collec-tion technologies can work together to improve the decision-making process of the banks and help the banks to make lending decisions.Finally,this paper puts forward corresponding countermeasures from the perspective of enterprises,financial institutions and the government.For example,enterprises should continuously improve the information disclosure system,take proactive measures to cooperate with finan-cial institutions in the research and development of Fintech products and technological upgrading,and strengthen their own digital development.Financial institutions should actively promote the innovation and upgrading of Fintech and optimize the credit services.The government should formulate relevant industry standards and provide more resources to create a favorable environment for the sustainable devel-opment of Fintech innovation.
Fintechinformation frictionindustrial chain and supply chainscientific and techno-logical innovation
万方数据
