An Empirical Test of the Impact of Sci-Tech Finance Development on Rural Industrial Convergence

Guosong Wu, Yuanyuan Wang, Sheng Yao · 2025 · SAGE Open

Summary. Science and technology finance significantly boosts rural industrial integration in China, with stronger long-term effects than short-term impacts. However, its contribution to industrial convergence remains modest, indicating substantial room for improvement. The study recommends expanding science and technology finance supply, increasing rural demand-side adoption, strengthening infrastructure platforms, and improving policy support mechanisms.

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@article{wu-2025-empirical-test-impact-sci-tech,
  title   = {An Empirical Test of the Impact of Sci-Tech Finance Development on Rural Industrial Convergence},
  author  = {Guosong Wu and Yuanyuan Wang and Sheng Yao},
  journal = {SAGE Open},
  year    = {2025},
  doi     = {10.1177/21582440251363309},
  url     = {https://doi.org/10.1177/21582440251363309}
}

TY  - JOUR
TI  - An Empirical Test of the Impact of Sci-Tech Finance Development on Rural Industrial Convergence
AU  - Guosong Wu
AU  - Yuanyuan Wang
AU  - Sheng Yao
JO  - SAGE Open
PY  - 2025
DO  - 10.1177/21582440251363309
UR  - https://doi.org/10.1177/21582440251363309
ER  - 

Details

DOI

10.1177/21582440251363309

Countries

China

Regions

Asia

Categories

funding, regional-innovation-systems, general-innovation

Added

2026-04-29