摘要
在数字经济和金融科技迅速发展的背景下,基于长三角地区2014—2019年全部A股上市公司数据,探究金融科技、负债水平以及调节变量金融发展程度对企业创新的影响。实证研究表明:金融科技推动金融发展并显著促进企业创新活动;负债水平负向影响企业创新活动;金融发展程度在负债水平与企业的创新活动中起到正向调节作用。进一步从覆盖广度、使用深度、数字化程度三方面分析金融科技对企业创新的影响,并从金融监管以及企业自身两方面提出针对性建议。
Under the background of rapid development of digital economy and financial technology,this paper explores the impact of financial technology,debt level and enterprise innovation based on the data of all A-share listed companies in the Yangtze River Delta from 2014 to 2019.The empirical study finds that financial technology promotes financial development and innovation activities of enterprises;debt level negatively affects enterprise innovation activities and the degree of financial development plays a positive moderating role between debt level and enterprise innovation activities.It also further analyzes the impact of financial technology on enterprise innovation from three aspects:coverage,depth and digitalization.Finally,it puts forward some suggestions for financial supervision and enterprises themselves.
作者
陈亚如
CHEN Ya-ru(School of Business,Anhui University,Hefei 230601,China)
出处
《西安航空学院学报》
2021年第6期33-38,共6页
Journal of Xi’an Aeronautical Institute
关键词
金融科技
负债水平
金融发展
企业创新
financial technology
debt level
financial development
enterprise innovation
