The Impact of Digital Inclusive Finance on Innovation of Construction Enterprises

Xinwen Li, Wuteng Cao
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Abstract

Digital inclusive finance injects new vitality into the innovation of construction enterprises. Based on the data from six construction enterprises, namely China National Chemical Engineering Co., Ltd., China Railway Construction Corporation Limited, China Railway Group Limited, China State Construction Engineering Corporation (CSCEC), China Energy Engineering Corporation (CEEC), and China Communications Construction Company Limited (CCCC), from 2012 to 2021, this paper delves into the role of digital inclusive finance in fostering innovation within construction enterprises. The research findings demonstrate that digital inclusive finance not only significantly contributes to fostering innovation in construction enterprises but also exhibits sustainability. Finally, recommendations are proposed to promote the impact of digital inclusive finance on innovation in construction enterprises, encompassing aspects of policy formulation, corporate management, and financial institutions.
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数字普惠金融对建筑企业创新的影响
数字普惠金融为建筑企业创新注入新活力。本文以中国化学工程集团有限公司、中国铁道建筑总公司、中国中铁股份有限公司、中国建筑工程总公司、中国能源建设集团有限公司、中国交通建设股份有限公司六家建筑企业2012-2021年的数据为基础,深入探讨了数字普惠金融在促进建筑企业创新中的作用。研究结果表明,数字普惠金融不仅能显著促进建筑企业的创新,而且具有可持续性。最后,本文从政策制定、企业管理和金融机构等方面提出了促进数字普惠金融对建筑企业创新的影响的建议。
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