Exploring the Multifaceted Driving Forces of Digital Economy on Regional Innovation: A Case Analysis of Changzhou, Jiangsu Province
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The digital economy, a key driver in the new tech era, is transforming the global economy and China's high-quality development strategy. It enhances regional innovation by optimizing resources, cutting costs, speeding knowledge sharing, and digitizing industries. This study, using fsQCA and VAR models with 2011–2022 data from Changzhou, Jiangsu, reveals that the digital economy initially spurs innovation through economic growth and foreign tech imports, while human capital and industrial clustering support long-term growth. Innovation platforms and economic development are vital for boosting innovation capacity, offering empirical insights crucial for policy development.
