| Title |
Fintech as a catalyst for innovation and sustainable growth: analyzing the dynamics of R&D Investment in China |
| ID_Doc |
74553 |
| Authors |
David, LK; Wang, JL; David, V; Luo, ML; Angel, V |
| Title |
Fintech as a catalyst for innovation and sustainable growth: analyzing the dynamics of R&D Investment in China |
| Year |
2024 |
| Published |
|
| DOI |
10.1080/19761597.2024.2367230 |
| Abstract |
This comprehensive analysis explores the pivotal role of financial technology (fintech) investments in enhancing Research and Development (R&D) within China's rapidly evolving corporate landscape. Drawing on an extensive dataset covering 3,335 listed Chinese companies from 2012 to 2019, the study employs a multifaceted methodological approach, including panel data analysis, cluster analysis, and predictive modelling, to dissect the interplay between fintech investments and R&D activities. Our findings illuminate a robust positive correlation between fintech investments and the intensification of R&D endeavours, underscoring the instrumental role of fintech in propelling innovation and fortifying competitive edges. Through cluster analysis, the research identifies distinct patterns of R&D and fintech investment, spotlighting fintech's critical function as an innovation accelerator, notably among startups and technologically advanced enterprises. Predictive modelling forecasts a sustained uptrend in R&D investments, propelled by fintech advancements, suggesting a trend towards more profound business strategy integration. Moreover, the study delves into the environmental and societal ramifications of fintech-enhanced R&D, offering valuable perspectives on sustainable development and formulating policy recommendations to facilitate inclusive economic growth. This investigation significantly enriches the R&D management discourse, highlighting fintech's strategic importance in spurring innovation and tackling socio-economic challenges in the Chinese corporate sector. |
| Author Keywords |
Fintech; research and development; innovation management; competitive advantage; sustainable development; Chinese companies |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:001249005100001 |
| WoS Category |
Business; Economics |
| Research Area |
Business & Economics |
| PDF |
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