Proceedings of the 2026 4th International Conference on Digital Economy and Management Science (CDEMS 2026)

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FinTech and Corporate Innovation Efficiency

Authors
Yantong Wang1, *
1Southwestern University of Finance and Economics, Chengdu, China
*Corresponding author. Email: 18910724861@163.com
Corresponding Author
Yantong Wang
Available Online 2 June 2026.
DOI
10.2991/978-94-6239-699-9_59How to use a DOI?
Keywords
FinTech; Corporate Innovation Efficiency; Debt Financing Costs; Supply Chain Digitalization
Abstract

Based on data from Shanghai and Shenzhen A-share listed companies from 2012 to 2023, this paper empirically examines the impact of FinTech on innovation efficiency. The findings are as follows: (1) The development of FinTech significantly improves corporate innovation efficiency, a conclusion that remains valid after a series of robustness tests. (2) Mechanism analysis indicates that FinTech primarily enhances corporate innovation efficiency by reducing corporate debt financing costs and promoting supply chain digitalization. (3) Heterogeneity analysis reveals that the efficiency-enhancing effect of FinTech is more pronounced in enterprises without material weaknesses and in those located in eastern and central regions. This study not only deepens the understanding of the micro-level mechanisms through which FinTech empowers corporate innovation from an “efficiency” perspective but also provides empirical evidence for differentiated policymaking and corporate digital transformation practices.

Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2026 4th International Conference on Digital Economy and Management Science (CDEMS 2026)
Series
Advances in Economics, Business and Management Research
Publication Date
2 June 2026
ISBN
978-94-6239-699-9
ISSN
2352-5428
DOI
10.2991/978-94-6239-699-9_59How to use a DOI?
Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yantong Wang
PY  - 2026
DA  - 2026/06/02
TI  - FinTech and Corporate Innovation Efficiency
BT  - Proceedings of the 2026 4th International Conference on Digital Economy and Management Science (CDEMS 2026)
PB  - Atlantis Press
SP  - 549
EP  - 555
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-699-9_59
DO  - 10.2991/978-94-6239-699-9_59
ID  - Wang2026
ER  -