An Empirical Study on the Impact of Financial innovation on High Quality Economic Development

Based on the Mesomeric Effect of Scientific and Technological Innovation

Authors

  • Yi Wu

DOI:

https://doi.org/10.54097/fbem.v9i2.9135

Keywords:

Financial innovation, High quality economic development, Technological innovation, Empirical research.

Abstract

High quality development has become the primary task of building China into a socialist modern country in an all-round way, and the key to high-quality economic development lies in Financial innovation and scientific and technological innovation. Therefore, this paper is committed to studying the relationship between Financial innovation, scientific and technological innovation, and high-quality economic development, and building a variable evaluation system through the entropy method. It uses empirical analysis to study whether Financial innovation can directly promote high-quality economic development, and whether it can promote high-quality economic development by promoting scientific and technological innovation; Finally, corresponding suggestions are proposed based on the results.

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References

Miao Junwei. Research on the Impact of Technological Innovation on High Quality Economic Development [D]. Beijing Jiaotong University, 2021.

Tang Juelan. Promoting high-quality economic development through financial service innovation: an analysis based on the perspective of total factor productivity [J]. People's Forum · Academic Frontiers, 2020 (14): 31-37.

Wu Chuanqing, Deng Mingliang. Science and Technology Innovation, Opening up to the Outside World, and High Quality Development of the Yangtze River Economic Belt [J]. Science and Technology Progress and Countermeasures, 2019,36 (03): 33-41.

Po-Hsuan, Hsu., Xuan, T.&Yan,X. Financial development and innovation:Cross-country evidence [J]. Journal of Financial Economics, 2014, 112(1):116-135.

Solow R M. Technical Change and the Aggregate Production Function[J]. Review of Economics & Statistics, 1957, 39(3): 554-562.

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Published

05-06-2023

Issue

Section

Articles

How to Cite

Wu, Y. (2023). An Empirical Study on the Impact of Financial innovation on High Quality Economic Development: Based on the Mesomeric Effect of Scientific and Technological Innovation. Frontiers in Business, Economics and Management, 9(2), 102-107. https://doi.org/10.54097/fbem.v9i2.9135

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