IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v61y2025i13p4180-4205.html
   My bibliography  Save this article

Digital Economy and Corporate Innovation: Evidence from China

Author

Listed:
  • Ping Zhang
  • Yaqi Wang
  • Qi Qin
  • Hui Jia

Abstract

The rapid advancement of information technology, big data, blockchain, and cloud computing has propelled the digital economy to the forefront of China’s economic development. In this paper, we investigate the impact of the digital economy on corporate innovation and its internal mechanisms. Our findings show that the digital economy significantly promotes corporate innovation. The mechanism analysis shows that the digital economy promotes corporate innovation by promoting IT capability, mitigating financing constraints, and reducing financial distress risk. Moreover, we demonstrate that the digital economy not only stimulates quantity but also enhances the quality of corporate innovation.

Suggested Citation

  • Ping Zhang & Yaqi Wang & Qi Qin & Hui Jia, 2025. "Digital Economy and Corporate Innovation: Evidence from China," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 61(13), pages 4180-4205, October.
    • Handle: RePEc:mes:emfitr:v:61:y:2025:i:13:p:4180-4205
    DOI: 10.1080/1540496X.2025.2503932
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1540496X.2025.2503932
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1540496X.2025.2503932?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:emfitr:v:61:y:2025:i:13:p:4180-4205. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MREE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.