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Scientific Article details

Title The relationship between the withdrawal of the digital economy's innovators, government interventions, the marketization level and market size based on big data
ID_Doc 68496
Authors Zhao, Y; Chen, XH
Title The relationship between the withdrawal of the digital economy's innovators, government interventions, the marketization level and market size based on big data
Year 2022
Published Journal Of Enterprise Information Management, 35, 4/5
DOI 10.1108/JEIM-01-2021-0050
Abstract Purpose Digital economic innovation is associated with risks. The lack of a platform's profitability weakens the operation's ability to sustain innovators and increases the possibility of the business' termination. Relevant data demonstrate a significant upward trend in the exit of Chinese innovators of the digital economy. The study aims to clarify the role of an effective government and effective market in the prevention and control of the withdrawal of innovators. Design/methodology/approach Based on balanced panel data of 31 provinces and cities from 2010 to 2018, this study uses the individual fixed effect model to study the impact of the marketization level, the market's scale and government interventions on the withdrawal of innovators. Simultaneously, based on the spatial econometric model, this study examines the spatial spillover effect of the withdrawal of innovators. Findings Results indicate that government interventions have an inhibiting effect on the withdrawal of innovators. Moreover, there was a positive "U"-shaped nonlinear relationship between the marketization level and the withdrawal of innovators, and an inverse "U"-shaped nonlinear relationship between the market size and the withdrawal of innovators. Originality/value The paper first studies the relationship between the exit of innovators and government intervention, marketization level and field scale; takes the lead in the research on the role of the government and effective market in the prevention and control of the exit of innovators from the perspective of the exit of innovators and puts forward policy suggestions to promote the sustainable and healthy development of fintech innovation in China from the market scale and other aspects.
Author Keywords Digital economy innovators; Big data; Government intervention; Marketization level; Market size; Withdrawal of innovators
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000669539900001
WoS Category Computer Science, Interdisciplinary Applications; Information Science & Library Science; Management
Research Area Computer Science; Information Science & Library Science; Business & Economics
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