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Digital transformation, financial literacy and rural household entrepreneurship

Author

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  • Li, Jingwen
  • Wang, Haoliang
  • Soh, WeiNi

Abstract

This paper empirically investigates the impact of digital transformation on the performance of rural household entrepreneurship. We find that digital transformation promotes rural household entrepreneurship performance. Financial literacy plays a role as a moderating variable between the two. Heterogeneity analysis shows that the facilitating effect of digital transformation on rural household entrepreneurship performance is more significant in the central and western regions. This paper enriches the research on digital transformation from a micro perspective, complements the relevant research on rural households, and explores the mechanism of digital transformation's impact on rural household entrepreneurship performance.

Suggested Citation

  • Li, Jingwen & Wang, Haoliang & Soh, WeiNi, 2024. "Digital transformation, financial literacy and rural household entrepreneurship," Finance Research Letters, Elsevier, vol. 62(PB).
    • Handle: RePEc:eee:finlet:v:62:y:2024:i:pb:s1544612324002010
    DOI: 10.1016/j.frl.2024.105171
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    References listed on IDEAS

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    Cited by:

    1. Xie, Panlin & Fu, Ke, 2024. "Financial literacy and digital product consumption - An analysis based on CFPS data," Finance Research Letters, Elsevier, vol. 68(C).
    2. Wei, Xiaobei & Yang, Zongpu & Yan, Yongjun & Sun, Jia, 2024. "Rural E-commerce, Digital finance, and urban–rural common prosperity: A Quasi-natural Experiment Based on China's Comprehensive Demonstration of E-commerce Entering Rural Areas Policy," Finance Research Letters, Elsevier, vol. 69(PB).
    3. Linsheng Chen & Jianli Bai & Zhenpeng Ma & Shiwei Xu & Jiahui Chen, 2025. "Can the Use of Internet New Media Promote Residents’ Entrepreneurship? Analysis Based on Endogenous Switching Probit Model," SAGE Open, , vol. 15(3), pages 21582440251, September.
    4. Jie Weng & Wang Li & Jie Zhou, 2025. "Can Digital Inclusive Finance Safeguard the Middle Class? A Study Based on Chinese Household Data," SAGE Open, , vol. 15(2), pages 21582440251, June.
    5. Yu, Yun, 2025. "Research on the influence of eenterprises digital transformation on inventory turnover," International Review of Economics & Finance, Elsevier, vol. 103(C).
    6. Wei Chen & Hongti Song, 2025. "Digital village construction and national innovation systems: coordinated development dynamics," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-19, December.
    7. Ni, Junwei & Gao, Yidan, 2025. "Opportunities for higher education for children, financial literacy and household capital," Finance Research Letters, Elsevier, vol. 78(C).
    8. Norhasyikin Rozali & Shazwani Mohd Said & Siti Murni Mat Khairi & Suheil Che Sobry, 2026. "Digitalization and Rural Entrepreneurship: A Review of Opportunities, Challenges, and Future Directions," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 10(3), pages 7039-7049, March.
    9. Wang Li, 2025. "Aggravate or Alleviate? The Impact of Financial Literacy on Income Inequality: Evidence From Double Machine Learning," SAGE Open, , vol. 15(4), pages 21582440251, November.
    10. Yang, Xiuyun & Li, Min & Liang, Shanshan, 2024. "How consumers’ digital engagement affects regional innovation capacity in China?," Economic Modelling, Elsevier, vol. 139(C).
    11. Zeng, Yuan & Yang, Yusen & Wang, Chun & Zou, Jianke, 2025. "Exploring the digital divide–poverty link: Roles of education and family dependency," Finance Research Letters, Elsevier, vol. 85(PC).
    12. Zhen, Xiaofei & Zhou, Yiyang, 2025. "Digital transformation and corporate creditworthiness," Finance Research Letters, Elsevier, vol. 74(C).
    13. Ke Ma & Mohamad Fazli Sabri, 2026. "The Internal Structure of Financial Literacy in China: Evidence from Publicly Released Survey Statistics," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 10(2), pages 8663-8670, February.
    14. Che, Weina & Fu, Jingjie & Jiao, Xiaoyang, 2025. "Digital villages, green finance, and high-quality agricultural development," International Review of Economics & Finance, Elsevier, vol. 102(C).

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