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| How Can Digital Intelligence Enable High-quality Economic Development: A Study on the Regulatory Role of Business Environment |
| Luo Binyuan,Chen Yanxia |
| (School of Finance and Economics, Henan University of technology, Jiaozuo 454000,China) |
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Abstract In recent years, how to enable high-quality economic development of digital intellectualization has become the focus of the practical and academic circles. This paper theoretically analyzes the impact mechanism of digital intelligence on high-quality economic development, and discusses the regulatory role of the business environment on them. Then it empirically tests the above impact mechanism and regulatory role with the relevant data of 31 provinces, cities, and autonomous regions in China from 2009 to 2018. It is found that the transformation and application of digital intelligence play a positive role in promoting high-quality economic development. Further research shows that the business environment has a significant moderating effect on the relationship between digital intelligence and high-quality economic development. The more optimized the business environment is, the more obvious regional differences in the regulatory role of the business environment in China, showing that the regulatory role of the eastern and central regions is stronger than that of the western regions.
At the same time, there are distinct regional differences in the contribution of business environment optimization to the promotion of digital intelligence and the improvement of the quality of economic development, and its positive regulating effect is better in the eastern and central regions than in the western region.
The fundamental driving force of China's high-quality economic development comes from the vitality, innovation, and competitiveness of economic development. The most innovative driving force for economic development often comes from the state and the government, and it is also the relevant government departments that can play a driving and supervisory role. However, in reality, how to streamline government administration and delegate power is a great challenge , and the current business environment is not fully adapted to the needs of high-quality economic development. Currently scholars at home and abroad mainly discuss the impact of business environment on economic development from three aspects: infrastructure environment, economic environment and talent environment. It is confirmed that the optimization of the business environment does have a driving effect on economic development, but there is inadequate research on how digital intelligence technology affects the high-quality economic development, and even less research on how digital intelligence can develop high-quality economic development under the existing business environment. The development of digital intelligence refers more to the development of information technology and digitalization, and rarely involves the combined effect of information technology and digitalization on economic development. Therefore, this paper introduces digital intelligence indicators to explore whether the business environment has a moderating role in the process of digital intelligence technology for high-quality economic development, which is of great research value and practical significance.
The possible contributions of this paper areas follows. Firstly, it explores the relationship between digital intelligence and economic "quality" development, which enriches the connotation of quality economic development. Secondly, this paper uses the business environment as a moderating variable to examine the impact of digital intelligence on high-quality economic development, and explores the possible paths for digital intelligence to influence economic high-quality development, which provides new ideas for the study of the relationship between digital intelligence and regional economic high-quality development. Thirdly, further research on regional variability shows that there is significant regional heterogeneity in the development of digital intelligence that influences high-quality economic development through the business environment, which provides some inspiration for the formulation of regional development policies for the business environment.
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Received: 06 April 2021
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