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<p>The business environment is the starting point and foothold of industrial upgrading, and it is also an important driving force for industrial upgrading. This paper is based on the investment and financing perspective to study the optimization of the business environment in the area of industrial upgrading to promote and promote the role of the two so as to achieve the effect of synergistic development of the two studies were constructed in the area business environment and industrial upgrading index system, and in the entropy weighting method of the indicator assignment, selected the relevant regional research data, through the linear weighting method to measure the level of development of the two. Empirical testing of the influence of the business environment on industrial upgrading is conducted by selecting the fixed-effect model, and investment and financing are added as an intermediary variable in the benchmark model. Finally, according to the empirical study of the impact of the business environment on industrial upgrading, it is concluded that in the benchmark regression analysis, with the introduction of control variables, the business environment shows a significant positive impact on industrial upgrading at least at the level of 10%. Meanwhile, investment and financing have an important mediating effect on the influence of the business environment on industrial upgrading.</p>
</abstract>

The business environment is the starting point and foothold of industrial upgrading, and it is also an important driving force for industrial upgrading. This paper is based on the investment and financing perspective to study the optimization of the business environment in the area of industrial upgrading to promote and promote the role of the two so as to achieve the effect of synergistic development of the two studies were constructed in the area business environment and industrial upgrading index system, and in the entropy weighting method of the indicator assignment, selected the relevant regional research data, through the linear weighting method to measure the level of development of the two. Empirical testing of the influence of the business environment on industrial upgrading is conducted by selecting the fixed-effect model, and investment and financing are added as an intermediary variable in the benchmark model. Finally, according to the empirical study of the impact of the business environment on industrial upgrading, it is concluded that in the benchmark regression analysis, with the introduction of control variables, the business environment shows a significant positive impact on industrial upgrading at least at the level of 10%. Meanwhile, investment and financing have an important mediating effect on the influence of the business environment on industrial upgrading.

Study on the Synergistic Development of Business Environment Optimization and Industrial Upgrading in the Area: Based on the Perspective of Investment and Financing

Xi’an University of Architecture and Technology Huaqing College

Applied Mathematics and Nonlinear Sciences

This work is licensed under the Creative Commons Attribution 4.0 International License.

The business environment is the starting point and foothold of industrial upgrading, and it is also an important driving force for industrial upgrading. This...

Study on the Synergistic Development of Business Environment Optimization and Industrial Upgrading in the Area: Based on the Perspective of Investment and Financing

Published Online: Aug 05, 2024

Page range: -

Received: Apr 05, 2024

Accepted: Jun 22, 2024

DOI: https://doi.org/10.2478/amns-2024-1927

Keywords
Entropy weight method, Fixed effect model, Mediation effect, Industrial upgrading, Business environment

© 2024 Chao Liu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Study on the Synergistic Development of Business Environment Optimization and Industrial Upgrading in the Area: Based on the Perspective of Investment and Financing

Published Online: Aug 05, 2024

Page range: -

Received: Apr 05, 2024

Accepted: Jun 22, 2024

DOI: https://doi.org/10.2478/amns-2024-1927

KeywordsEntropy weight method, Fixed effect model, Mediation effect, Industrial upgrading, Business environment

© 2024 Chao Liu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Entropy weight method, Fixed effect model, Mediation effect, Industrial upgrading, Business environment