Integration of technology and finance with breakthroughs in enterprise digital technology

被引：4

作者：

Wu, Qiwei ^{[1
]}

Wu, Zheng ^{[2
]}

Pang, Jing ^{[3
]}

机构：

[1] Beijing Technol & Business Univ, Sch Econ, Beijing, Peoples R China

[2] Xinjiang Univ, Sch Econ & Management, Urumqi, Peoples R China

[3] North China Inst Aerosp Engn, Sch Econ & Management, Langfang, Peoples R China

来源：

FINANCE RESEARCH LETTERS | 2025年 / 74卷

关键词：

Financial technology; Digital technology breakthrough; Human capital upgrading; Digital infrastructure development;

D O I：

10.1016/j.frl.2024.106712

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This study explores the influence of financial technology on corporate digital technological breakthroughs, focusing on the Pilot Program Combining Technology and Finance (PPCTF), which has been gradually implemented in China. Using data from A-share listed companies from 2008 to 2022, we used a difference-in-differences approach to investigate the specific impacts and mechanisms by which PPCTF influences corporate digital technological breakthroughs. Results indicate that PPCTF considerably promotes corporate digital technological breakthroughs. We perform several sensitivity analyses to validate the results' robustness. Mechanism analysis reveals that PPCTF establishes a long-term mechanism for promoting corporate digital technological breakthroughs by improving corporate human capital and digital infrastructure.

引用

页数：7

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