AI Article Synopsis

  • * There is a direct relationship between local green technology innovation and digital financial inclusion, with variations in impact depending on location and usage depth, highlighting the need for government involvement.
  • * Strengthening information infrastructure and increasing research and development investment are essential to enhance regional green technology innovation, especially when digital financial inclusion surpasses a certain threshold.

Article Abstract

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.

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Source
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC10798488PMC
http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0297264PLOS

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