Proceedings of the 3rd International Conference on Financial Innovation, FinTech and Information Technology (FFIT 2024)

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The Impact of FinTech on Corporate Innovation

Authors
Chengcai Xie1, Chunli Liu2, Rui Ge3, *
1Shenzhen University, Shenzhen Audencia Financial Technology Institute, Shenzhen, 518000, China
2Hefei University of Technology, School of Management, Hefei, 230009, China
3Shenzhen University, Shenzhen Audencia Financial Technology Institute, Shenzhen, 518000, China
*Corresponding author. Email: rui.ge@audencia.com
Corresponding Author
Rui Ge
Available Online 19 November 2024.
DOI
10.2991/978-94-6463-572-0_14How to use a DOI?
Keywords
FinTech; Corporate innovation; Specialized and sophisticated enterprises
Abstract

Innovation is critical to economic development and business competition, and given rapid development of FinTech, we examine the effects of FinTech on corporate innovation. Analyzing a comprehensive sample of specialized and sophisticated enterprises, we find that FinTech benefits corporate innovation. Examining several dimensions of FinTech, such as breadth of coverage, depth of use, and degree of digitization, we find that all associate positively with corporate innovation. These findings have implications for government policies and firms’ strategies that promote innovation.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 3rd International Conference on Financial Innovation, FinTech and Information Technology (FFIT 2024)
Series
Advances in Computer Science Research
Publication Date
19 November 2024
ISBN
978-94-6463-572-0
ISSN
2352-538X
DOI
10.2991/978-94-6463-572-0_14How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Chengcai Xie
AU  - Chunli Liu
AU  - Rui Ge
PY  - 2024
DA  - 2024/11/19
TI  - The Impact of FinTech on Corporate Innovation
BT  - Proceedings of the 3rd International Conference on Financial Innovation, FinTech and Information Technology (FFIT 2024)
PB  - Atlantis Press
SP  - 126
EP  - 135
SN  - 2352-538X
UR  - https://doi.org/10.2991/978-94-6463-572-0_14
DO  - 10.2991/978-94-6463-572-0_14
ID  - Xie2024
ER  -