【摘要】 本文以2014—2023年A股上市企业为研究对象，考察银行金融科技对企业创新的影响效应。研究发现，银行金融科技能显著促进企业创新。这一结论在使用工具变量法和倾向得分匹配法对内生性问题进行缓解后依然成立。机制分析表明，银行金融科技通过缓解融资约束和促进研发投入这两条路径赋能企业创新，政府补助在银行金融科技与企业创新的关系中起到正向调节作用，银行网络结构洞在政府补助对银行金融科技与企业创新的调节作用中发挥协同效应。异质性结果表明，银行金融科技促进企业创新的效应在中小型企业、制造业企业、高竞争性企业和低金融监管企业中表现得更为明显。本文丰富了银行金融科技的微观效应研究，为金融更好地赋能企业高质量发展提供了有益参考。更多还原

【Abstract】 This study employs data from A-share listed companies from 2014 to 2023 to examine the impact of bank fntech on corporate innovation. Its fndings reveal that bank fntech signifcantly promotes corporate innovation. This conclusion remains valid after addressing endogeneity issues through instrumental variables and propensity score matching methods. Mechanism analysis indicates that bank fintech empowers corporate innovation through two pathways: alleviating financing constraints and stimulating R&D investment. Government subsidies exert a positive moderating efect on the relationship between bank fntech and corporate innovation, while bank network structural gaps exhibit a synergistic efect in moderating the infuence of government subsidies on this relationship. Heterogeneity results reveal that the innovation-promoting efects of bank fntech are more pronounced among small and medium-sized enterprises, as well as manufacturers, highly competitive enterprises, and companies operating under low financial regulation. This study enriches the micro-level research on bank fintech and offers valuable insights for enhancing fnancial support to empower high-quality corporate development.更多还原