Author(s)

Yanru Wang

Corresponding Author

Yanru Wang

ABSTRACT

Based on the data of Chinese A-share listed companies from 2012 to 2020,this study establishes the fixed effects model to explore the influence of the development of digital economy on the quantity and quality of enterprise innovation and its internal mechanism.The regression results show that the development of digital economy can not only promote enterprises to increase the quantity of innovation, but also promote enterprises to improve the quality of innovation；the development of digital economy increases the quantity of innovation and improves the quality of innovation by improving the level of enterprise human capital and alleviating the financing constraints of enterprises. The digital economy has become an important driving force for enterprise innovation. We should actively promote the integration of digital economy and real economy, and give full play to the role of digital economy in improving the level of enterprise human capital and alleviating the financing constraints of enterprises, to empower China's innovation-driven strategy and promote high-quality economic development.

KEYWORDS

Digital economy, Quantity of enterprise innovation, Quality of enterprise innovation, level of enterprise human capital, Financing constraints