The Impact of Fintech on Innovation in Manufacturing Firms
- DOI
- 10.2991/978-94-6463-770-0_8How to use a DOI?
- Keywords
- fintech; manufacturing SMEs; financing constraints
- Abstract
The real economy is the foundation of a country’s economy and an important driving force for national development. As the foundation of the real economy, manufacturing SMEs are facing the problem of lack of core technology and the urgent need to improve their technological innovation capacity. The progress of financial technology can help stimulate the innovation ability of manufacturing SMEs. This paper uses the panel data of manufacturing SMEs in China’s former small and medium-sized enterprises (SMEs) sector from 2014 to 2023, and applies the fixed-effect model to study the impact and mechanism of fintech on the innovation of manufacturing SMEs and puts forward relevant suggestions.
- Copyright
- © 2025 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
TY - CONF AU - Pinzheng Wang PY - 2025 DA - 2025/06/26 TI - The Impact of Fintech on Innovation in Manufacturing Firms BT - Proceedings of the 2025 3rd International Conference on Digital Economy and Management Science (CDEMS 2025) PB - Atlantis Press SP - 58 EP - 66 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-770-0_8 DO - 10.2991/978-94-6463-770-0_8 ID - Wang2025 ER -