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Assessing the impact of payment technology, financial inclusion and institutions on entrepreneurship: evidence from middle-income Asian Economies.

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Τίτλος: Assessing the impact of payment technology, financial inclusion and institutions on entrepreneurship: evidence from middle-income Asian Economies.
Συγγραφείς: Chen, Pei-Fen1 (AUTHOR), Tran, My-Linh2,3 (AUTHOR) linhtm@uel.edu.vn
Πηγή: Applied Economics. Jun2026, Vol. 58 Issue 26, p5073-5092. 20p.
Θεματικοί όροι: *Mobile commerce, *Financial inclusion, *Economic development, *Payment systems, *Financial institutions, *Entrepreneurship, Economic conditions in Asia, Institutional theory (Sociology)
Περίληψη: The transformative impact of technology on the financial system has been widely acknowledged, yet the extent to which financial technology is redefining financial inclusion's role in driving economic growth remains largely unexplored. This research addresses the gap in the literature by examining the determinants of new-business entrepreneurship, specifically focusing on mobile payment, financial inclusion and institutional factors. Employing a panel regression model to analyse data from 25 middle-income Asian economies from 2014 to 2021, the results reveal a direct and positive effect of mobile payment systems and regulatory quality on entrepreneurship, as well as a negative effect of traditional financial inclusion. The study further uncovers the impact channels through which regulatory factors interact with mobile payment systems and significantly contributes to the literature by evaluating how financial innovations, especially mobile payment systems, stimulate entrepreneurship on a global scale. It expands the literature by investigating the impact of traditional financial inclusion on new-business entrepreneurship, sheds light on nuanced pathways through which institutional factors shape entrepreneurship and highlights the potential interaction effect of regulatory quality with mobile payment systems. [ABSTRACT FROM AUTHOR]
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Βάση Δεδομένων: Business Source Index
Περιγραφή
ISSN:00036846
DOI:10.1080/00036846.2025.2502174