| Issue |
E3S Web Conf.
Volume 275, 2021
2021 International Conference on Economic Innovation and Low-carbon Development (EILCD 2021)
|
|
|---|---|---|
| Article Number | 01017 | |
| Number of page(s) | 6 | |
| Section | Energy Application and Ecological Resource Sustainability | |
| DOI | https://doi.org/10.1051/e3sconf/202127501017 | |
| Published online | 21 June 2021 | |
Research on the Impact of Digital Financial Inclusion on R&D Innovation
Shandong University of Science and Technology, Shandong, Jinan, 250031
a 2819252853@qq.com
b 598766474@qq.com
c tang.haoyue@163.com
d 2382465751@qq.com
Based on the panel data of China’s provinces from 2011 to 2019, this paper studies the impact of financial science and technology on scientific and technological innovation through fixed effect model. The empirical results show that scientific and technological innovation has a positive correlation with the Inclusive Financing index, indicating that the development of scientific and technological innovation will promote financial science and technology. The R&D expenditure of industrial enterprises has a negative correlation with the Inclusive Financing Index, which shows that during the period of 2011-2019 in China, the research expenditure of enterprises does not affect financial technology, because the technology involved in financial technology has the characteristics of fast updating and iteration, cross-border and mixed operation, which is the superposition and integration of cutting-edge disruptive technologies such as big data, artificial intelligence and blockchain technology with traditional financial services and scenarios. Finally, some suggestions are put forward for the development of financial science and technology.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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