| Innovation is the primary driving force for development and the strategic support for building a modern economic system.In the era of "mass entrepreneurship and innovation",digital inclusive finance has the characteristics of wide coverage,low cost of use,and high service efficiency.It has played a unique advantage in improving the quality of innovation platforms,cultivating innovative markets and condensing innovation capital,providing opportunities for the efficient development of weak innovation entities such as medium,small,micro and private enterprises.Studying the relationship between digital inclusive finance and regional innovation efficiency has theoretical significance and application value for improving the effectiveness of financial services to the real economy and supporting the coordinated development of regional innovation.The research mainly includes the following contents: firstly,sort out the relevant literature and systematically explain the impact mechanism of China’s digital inclusive financial development on regional innovation efficiency in theory;Secondly,based on the panel data of 30 provinces(autonomous regions and municipalities directly under the central government)in China,this paper analyzes the development status of indicators related to digital inclusive finance and regional innovation efficiency,and calculates the value of regional innovation efficiency in China from 2011 to 2019 with the help of global super efficiency DEA method;Thirdly,the dynamic spatial Durbin model is constructed to empirically test the impact of China’s digital inclusive financial development on regional innovation efficiency,and the regional heterogeneity of the eastern,central and western regions of China is analyzed;Finally,based on the research conclusions,countermeasures and suggestions are put forward.The research found that:(1)The development of digital inclusive finance is generally conducive to the improvement of local innovation efficiency,but the impact effects of different dimensions are different,mainly reflected in the significant positive impact of coverage and use depth,and the impact of digitization is not significant;(2)There are different spatial spillovers between digital inclusive finance and regional innovation efficiency.The development of local digital inclusive finance inhibits the improvement of innovation efficiency in adjacent areas,resulting in negative spatial spillovers,while the improvement of innovation efficiency in local areas can drive the innovation of surrounding areas,resulting in positive spatial spillovers;(3)There are regional differences in the impact of digital inclusive finance on regional innovation efficiency.The development of digital inclusive finance in central and western China can have a significant positive impact on local innovation efficiency,while the impact in eastern China is not significant.Based on the empirical research results,it is suggested to build a digital inclusive financial multi service system,give full play to the leading advantages of regions with high innovation efficiency,formulate differentiated regional development strategies,and promote the coordinated development of regional innovation. |
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