Digital inclusive finance, R&D investment, and green technology innovation nexus.
Green technology innovation is an effective means to achieve high-quality economic development. The impact and mechanism of digital financial inclusion on regional green technology innovation are tested using a threshold regression model and the panel fixed effect model, based on China's provin...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Public Library of Science (PLoS)
2024-01-01
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| Series: | PLoS ONE |
| Online Access: | https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0297264&type=printable |
| _version_ | 1797349352016969728 |
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| author | Hongying Sun Yipei Luo Jia Liu Miraj Ahmed Bhuiyan |
| author_facet | Hongying Sun Yipei Luo Jia Liu Miraj Ahmed Bhuiyan |
| author_sort | Hongying Sun |
| collection | DOAJ |
| description | Green technology innovation is an effective means to achieve high-quality economic development. The impact and mechanism of digital financial inclusion on regional green technology innovation are tested using a threshold regression model and the panel fixed effect model, based on China's provincial Panel data (provincial Panel data are regional annual report data) from 2011 to 2020. According to the study, there is a direct link between local green technology innovation and digital financial inclusion. This paper highlights the differences in their influence by location and usage depth and underscores the necessity of government engagement to improve these characteristics. Information infrastructure needs to be strengthened, especially in areas with gaps. Greater investment in research and development (R&D) indirectly supports regional green technology innovation since it is impacted by digital financial inclusion. Interestingly, a threshold effect becomes most noticeable when digital financial inclusion rises above a particular threshold. Promoting utilizing digital financial inclusion to lessen regional differences in green technology innovation is important. |
| first_indexed | 2024-03-08T12:29:09Z |
| format | Article |
| id | doaj.art-46280e7b4f2a48b898f5325f59379cfd |
| institution | Directory Open Access Journal |
| issn | 1932-6203 |
| language | English |
| last_indexed | 2024-03-08T12:29:09Z |
| publishDate | 2024-01-01 |
| publisher | Public Library of Science (PLoS) |
| record_format | Article |
| series | PLoS ONE |
| spelling | doaj.art-46280e7b4f2a48b898f5325f59379cfd2024-01-22T05:31:17ZengPublic Library of Science (PLoS)PLoS ONE1932-62032024-01-01191e029726410.1371/journal.pone.0297264Digital inclusive finance, R&D investment, and green technology innovation nexus.Hongying SunYipei LuoJia LiuMiraj Ahmed BhuiyanGreen technology innovation is an effective means to achieve high-quality economic development. The impact and mechanism of digital financial inclusion on regional green technology innovation are tested using a threshold regression model and the panel fixed effect model, based on China's provincial Panel data (provincial Panel data are regional annual report data) from 2011 to 2020. According to the study, there is a direct link between local green technology innovation and digital financial inclusion. This paper highlights the differences in their influence by location and usage depth and underscores the necessity of government engagement to improve these characteristics. Information infrastructure needs to be strengthened, especially in areas with gaps. Greater investment in research and development (R&D) indirectly supports regional green technology innovation since it is impacted by digital financial inclusion. Interestingly, a threshold effect becomes most noticeable when digital financial inclusion rises above a particular threshold. Promoting utilizing digital financial inclusion to lessen regional differences in green technology innovation is important.https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0297264&type=printable |
| spellingShingle | Hongying Sun Yipei Luo Jia Liu Miraj Ahmed Bhuiyan Digital inclusive finance, R&D investment, and green technology innovation nexus. PLoS ONE |
| title | Digital inclusive finance, R&D investment, and green technology innovation nexus. |
| title_full | Digital inclusive finance, R&D investment, and green technology innovation nexus. |
| title_fullStr | Digital inclusive finance, R&D investment, and green technology innovation nexus. |
| title_full_unstemmed | Digital inclusive finance, R&D investment, and green technology innovation nexus. |
| title_short | Digital inclusive finance, R&D investment, and green technology innovation nexus. |
| title_sort | digital inclusive finance r d investment and green technology innovation nexus |
| url | https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0297264&type=printable |
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