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Digital penetration and residents’ entrepreneurial decision

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  • Yang, Limin
  • Wu, Feng
  • Hou, Enpan

Abstract

This paper selects survey data from the China Household Finance Survey (CHFS) for 2017, 2019, and 2021 to explore the impact of digital penetration on residents' entrepreneurship. It is found that digitization helps promote residents' entrepreneurship; there is heterogeneity in the impact of digital penetration on the probability of entrepreneurship among residents with different levels of household wealth, and the positive effect of Internet use on the probability of entrepreneurship increases with the level of wealth, but the positive effect of mobile payment use is more significant for entrepreneurship among residents with low to medium levels of wealth distribution.

Suggested Citation

  • Yang, Limin & Wu, Feng & Hou, Enpan, 2023. "Digital penetration and residents’ entrepreneurial decision," Finance Research Letters, Elsevier, vol. 58(PD).
    • Handle: RePEc:eee:finlet:v:58:y:2023:i:pd:s154461232300987x
    DOI: 10.1016/j.frl.2023.104615
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    References listed on IDEAS

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    1. Yin, Zhichao & Gong, Xue & Guo, Peiyao & Wu, Tao, 2019. "What Drives Entrepreneurship in Digital Economy? Evidence from China," Economic Modelling, Elsevier, vol. 82(C), pages 66-73.
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    4. Wu, Haitao & Ba, Ning & Ren, Siyu & Xu, Lu & Chai, Jingxia & Irfan, Muhammad & Hao, Yu & Lu, Zhi-Nan, 2022. "The impact of internet development on the health of Chinese residents: Transmission mechanisms and empirical tests," Socio-Economic Planning Sciences, Elsevier, vol. 81(C).
    5. Fang, Zhen & Razzaq, Asif & Mohsin, Muhammad & Irfan, Muhammad, 2022. "Spatial spillovers and threshold effects of internet development and entrepreneurship on green innovation efficiency in China," Technology in Society, Elsevier, vol. 68(C).
    6. repec:ucp:ecdecc:doi:10.1086/714440 is not listed on IDEAS
    7. Kong, Dongmin & Qin, Ni & Xiang, Junyi, 2021. "Minimum wage and entrepreneurship: Evidence from China," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 320-336.
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    Cited by:

    1. Yang, Nana & Ao, Xugao & Tu, Yongqian, 2024. "The impact of digital financial development on rural household income mobility," Finance Research Letters, Elsevier, vol. 63(C).

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