Entrepreneurship in the digital era

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Research in International Business and Finance Pub Date : 2025-06-01 DOI:10.1016/j.ribaf.2025.102965

Jun Zhou , Xueyi Zhang , Aslihan Gizem Korkmaz , Youwei Li , Pengpeng Yue

引用次数: 0

Abstract

This study uses panel data from 297 prefecture-level cities from 2010 to 2021 to explore the relationship between digital economy development and urban entrepreneurship. By leveraging the “Broadband China” pilot city policy as a quasi-natural experiment, we investigate how the growth of the digital economy influences entrepreneurship. The results show that digital advancements, indicated by the policy, contribute to increased entrepreneurial activity. This effect is stronger in cities with higher administrative status, better geographical positions, well-developed infrastructure, and greater market opportunities. Further analysis identifies venture capital investment, the business environment, human capital, and innovation as key channels through which the digital economy promotes entrepreneurship. These findings offer insights for understanding how digital development can support urban entrepreneurship and economic growth.

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数字时代的创业精神

本研究采用2010 - 2021年297个地级市的面板数据，探讨数字经济发展与城市创业的关系。通过利用“宽带中国”试点城市政策作为准自然实验，我们研究了数字经济的增长如何影响企业家精神。结果表明，政策所表明的数字进步有助于增加创业活动。在行政地位较高、地理位置较好、基础设施发达、市场机会较大的城市，这种效应更强。进一步分析表明，风险投资、商业环境、人力资本和创新是数字经济促进创业的关键渠道。这些发现为理解数字发展如何支持城市创业和经济增长提供了见解。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Research in International Business and Finance BUSINESS, FINANCE-

CiteScore

11.20

自引率

9.20%

发文量

240

期刊介绍： Research in International Business and Finance (RIBAF) seeks to consolidate its position as a premier scholarly vehicle of academic finance. The Journal publishes high quality, insightful, well-written papers that explore current and new issues in international finance. Papers that foster dialogue, innovation, and intellectual risk-taking in financial studies; as well as shed light on the interaction between finance and broader societal concerns are particularly appreciated. The Journal welcomes submissions that seek to expand the boundaries of academic finance and otherwise challenge the discipline. Papers studying finance using a variety of methodologies; as well as interdisciplinary studies will be considered for publication. Papers that examine topical issues using extensive international data sets are welcome. Single-country studies can also be considered for publication provided that they develop novel methodological and theoretical approaches or fall within the Journal''s priority themes. It is especially important that single-country studies communicate to the reader why the particular chosen country is especially relevant to the issue being investigated. [...] The scope of topics that are most interesting to RIBAF readers include the following: -Financial markets and institutions -Financial practices and sustainability -The impact of national culture on finance -The impact of formal and informal institutions on finance -Privatizations, public financing, and nonprofit issues in finance -Interdisciplinary financial studies -Finance and international development -International financial crises and regulation -Financialization studies -International financial integration and architecture -Behavioral aspects in finance -Consumer finance -Methodologies and conceptualization issues related to finance