Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)

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Research on the Tripartite Synergy of Regional Innovation, Regional Risk and Digital Finance from the Perspective of Coupling

Authors
Chenghan Li1, Xinyi Xie2, Jiewen Wu3, *
1ZJU-UIUC Institute, Zhejiang University, Haining, 314400, China
2Fuqua School of Business, Duke University, Durham, 27708, USA
3College of Finance and Statistics, Hunan University, Changsha, 410000, China
*Corresponding author. Email: wujiewen1109@163.com
Corresponding Author
Jiewen Wu
Available Online 20 December 2022.
DOI
10.2991/978-94-6463-030-5_139How to use a DOI?
Keywords
AHM-CRITIC; Coordination Analysis; Digital Finance; Regional Innovation; Regional Risk
Abstract

In recent decades, the organic combination of digital technology and finance has spawned digital finance's rapid development and transformation. Innovation, as the primary productivity, is deeply influenced by the development of digital finance in China. With the leapfrog development of digital finance and innovation, regional risks are also profoundly affected. Based on the sample of Beijing from 2011 to 2020, this paper uses the AHM-CRITIC weighted method to empirically test the synergy among digital finance, regional innovation, and regional risk. This paper concludes as follows: the synergy of the three indexes is on the rise over time. Digital finance promotes the level of regional innovation and vice versa. The improvement of regional innovation level and the development of digital finance inhibit regional risks, help maintain the regional economy and financial security, but also increase the financial risk boundary.

This paper innovatively uses the coupling weight method of AHM-CRITIC, and simultaneously explores the synergistic relationship between Regional innovation, Digital finance and Regional risk. The significance of this study is to help broaden the ways of regional innovation, promote the further development of digital finance, and provide relevant suggestions to curb regional risks for the government to formulate policies and for the benign development of financial institutions.

Copyright
© 2023 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 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
Series
Atlantis Highlights in Intelligent Systems
Publication Date
20 December 2022
ISBN
10.2991/978-94-6463-030-5_139
ISSN
2589-4919
DOI
10.2991/978-94-6463-030-5_139How to use a DOI?
Copyright
© 2023 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  - Chenghan Li
AU  - Xinyi Xie
AU  - Jiewen Wu
PY  - 2022
DA  - 2022/12/20
TI  - Research on the Tripartite Synergy of Regional Innovation, Regional Risk and Digital Finance from the Perspective of Coupling
BT  - Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
PB  - Atlantis Press
SP  - 1397
EP  - 1409
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-030-5_139
DO  - 10.2991/978-94-6463-030-5_139
ID  - Li2022
ER  -