Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)

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The Impact of Digital Economy on Innovation Behavior: A Study on Chinese Market

Authors
Zehao Jing1
1Dana and David Dornsife College of Letters, Arts and Sciences, University of Southern California, Los Angeles, 90007, the United States of America
*Zehao Jing. Email: zehaojin@usc.edu
Corresponding Author
Zehao Jing
Available Online 1 July 2022.
DOI
10.2991/aebmr.k.220603.060How to use a DOI?
Keywords
Digital Economy; Innovation; Digitalization
Abstract

In the new era of information, innovation has been a vital factor for technology and social development. As a product of innovation between economics and IT, digital economy expands its width and depth and is becoming an important pillar of the economy. If the effect of digital economy on innovation can be ascertained, digital economy may be an engine for innovation with correct guidance, and the digital economy-innovation-digital economy positive feedback could be expected. Based on data from Chinese Statistical Yearbook and Financial Inclusion Index from Peking University from 2012 to 2020, I established a linear regression model to include potential factors representing digital economy and two dependent variables on behalf of innovation input and output. The result shows that digital economy truly magnify innovation process in China, but the outcome is more intricate. This paper shows it is indispensable to pay more attention to service quality and explore the scope of business services, maintain digital transformation, improve service mobility and convenience, and attract more employees, compared with expanding market scale and consumer groups. The government should also take responsibility and invest resources in education to help society improve education level.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
1 July 2022
ISBN
978-94-6239-585-5
ISSN
2352-5428
DOI
10.2991/aebmr.k.220603.060How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

risenwbib
TY  - CONF
AU  - Zehao Jing
PY  - 2022
DA  - 2022/07/01
TI  - The Impact of Digital Economy on Innovation Behavior: A Study on Chinese Market
BT  - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
PB  - Atlantis Press
SP  - 365
EP  - 369
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220603.060
DO  - 10.2991/aebmr.k.220603.060
ID  - Jing2022
ER  -