Study of the Impact of Digital Finance Development on Dual Innovation in Firms
DOI:
https://doi.org/10.6981/FEM.202411_5(11).0009Keywords:
Digital Finance; Dual Innovation; Utilized Innovation; Exploratory Innovation.Abstract
This paper systematically reviews the relevant literature on the impact of digital financial development on enterprise dual innovation. It clarifies the conceptual definitions of digital finance and enterprise dual innovation, and examines the role of digital finance from both macro and micro perspectives. Additionally, it investigates the factors influencing enterprise dual innovation within the internal and external environments of the enterprise. The paper provides a comprehensive analysis of the research concerning the impact of digital financial development on enterprise dual innovation. Finally, it summarizes the current state of research and outlines future research directions regarding the effects of digital financial development on enterprise dual innovation, which is essential for advancing both theoretical and empirical studies.
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