Research on Coupling Mechanism between Digital Inclusive Finance and Scientific and Technological Innovation: Spatiotemporal Characteristics and its Driving Factors

Based on the coupling and coordinated development mechanism of digital inclusive finance and scientific and technological innovation, the evaluation indexes for digital inclusive finance and scientific and technological innovation are constructed respectively. Besides, the coupling and coordinated development relationship and their driving factors in 30 provinces and cities from 2011 to 2021 are studied by using the evaluation model via the entropy weight method, coupling and coordination model, and two-way fixed effect model. The results are as follows. 1) Obvious regional differences exist in the coupling coordination between digital inclusive finance and scientific and technological innovation in China, which is high in the east and the south but low in the west and the north, although such differences are decreasing year by year .2) Using the two-way fixed effect model shows that the development of foreign trade, human capital, financial support, and other factors have a high correlation with the coupling and coordinated development of digital inclusive finance and science and technology innovation system. Premised on the existing research, this paper further analyzes the coupling and coordination of digital inclusive finance and scientific and technological innovation in various provinces of China at present, including time and space dimensions, which provides practical strategic guidance for the government to promote the coordinated development of them, leaving profound lessons for improving the national science, technology, and finance.