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Digital economy and urban economic resilience: The mediating role of technological innovation and entrepreneurial vitality.

Authors :
Xiao, Suping
Zhou, Ping
Zhou, Lin
Wong, Sike
Source :
PLoS ONE; 6/28/2024, Vol. 19 Issue 6, p1-17, 17p
Publication Year :
2024

Abstract

Drawing on the diffusion of innovation theory, we argue that the development of digital economy has a positive effect on urban economic resilience. Using panel data from 284 cities in China from 2011 to 2018, we empirically examine the relationship between digital economy and urban economic resilience. We find a positive and significant link between them, mediated by technological innovation and entrepreneurial vitality. Moreover, the heterogeneity analysis shows that the impact of digital economy is most pronounced in smaller cities, with its effects diminishing in larger cities and megacities. Our results underscore the importance and the direction of fostering digital economy development. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
19326203
Volume :
19
Issue :
6
Database :
Complementary Index
Journal :
PLoS ONE
Publication Type :
Academic Journal
Accession number :
178162338
Full Text :
https://doi.org/10.1371/journal.pone.0303782