The Impact of Digital Finance on China’s Regional Innovation Capabilities—A Spatial Autoregressive Model
摘要
Based on the panel data of 280 cities in China from 2011 to 2021, this article uses the spatial autoregressive (SAR) model to analyze the impact of digital finance (DF) on regional innovation capabilities (RIC). The results show that: Firstly, RIC have significant spatial gathering characteristics. Secondly, the development of DF can improve RIC. Thirdly, the impact of DF in different regions has a different impact on RIC.