Does the digital economy increased entrepreneurial activity? – empirical evidence from Chinese cities
Yuchuan Jin
Zhejiang Normal University
DOI: https://doi.org/10.59429/bam.v8i1.13629
Keywords: digital economy; entrepreneurial activity; financing constraints; business environment
Abstract
The digital economy is a crucial strategic resource for high-quality development at the national and regional levels, and its development has significantly boosted regional entrepreneurial vitality. This paper uses panel data from 282 prefecture-level cities in China from 2011 to 2021 to examine the impact and mechanism of the digital economy on entrepreneurial activity. The study finds that the development of the digital economy significantly increases urban entrepreneurial activity, with alleviating financing constraints and optimizing the business environment being important transmission pathways for this impact.
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