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Application of data elements in the coupling of finance and technology on the digital electronic platform

With the continuous development of Internet technology, all areas of social economy have undergone profound changes. The circulation and application of data elements can significantly promote the construction of infrastructure such as big data centers and mobile base stations, and stimulate the mark...

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Detalles Bibliográficos
Autores principales: Xie, Wenjun, Wang, Renxiang
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9986669/
http://dx.doi.org/10.1007/s10660-023-09686-5
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author Xie, Wenjun
Wang, Renxiang
author_facet Xie, Wenjun
Wang, Renxiang
author_sort Xie, Wenjun
collection PubMed
description With the continuous development of Internet technology, all areas of social economy have undergone profound changes. The circulation and application of data elements can significantly promote the construction of infrastructure such as big data centers and mobile base stations, and stimulate the market demand for digital consumption such as digital production, e-commerce and digital trade. Data mining technology will provide sustainable impetus for economic development. There is a clearer analysis of the role of data elements in the platform economy, but there is a lack of research in macroeconomics, especially in the coupling of finance and technology. This paper developed a coupling coordination and a coupling efficiency index system, using different methods to measure outcomes and outline the path to achieving high "quantity" and "quality" of finance-technology coupling development. Based on the data mining technology in e-commerce, the fuzzy set qualitative comparative analysis method is used to analyze the complex mechanisms and driving paths of data elements affecting the coordination degree and coupling efficiency of finance-technology coupling performance of China. We empirically document that data mining and data management are necessary to improve coupling coordination; in the absence of other conditions, data mining or data management can produce high coupling coordination, but not sufficient to improve coupling efficiency.
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spelling pubmed-99866692023-03-06 Application of data elements in the coupling of finance and technology on the digital electronic platform Xie, Wenjun Wang, Renxiang Electron Commer Res Article With the continuous development of Internet technology, all areas of social economy have undergone profound changes. The circulation and application of data elements can significantly promote the construction of infrastructure such as big data centers and mobile base stations, and stimulate the market demand for digital consumption such as digital production, e-commerce and digital trade. Data mining technology will provide sustainable impetus for economic development. There is a clearer analysis of the role of data elements in the platform economy, but there is a lack of research in macroeconomics, especially in the coupling of finance and technology. This paper developed a coupling coordination and a coupling efficiency index system, using different methods to measure outcomes and outline the path to achieving high "quantity" and "quality" of finance-technology coupling development. Based on the data mining technology in e-commerce, the fuzzy set qualitative comparative analysis method is used to analyze the complex mechanisms and driving paths of data elements affecting the coordination degree and coupling efficiency of finance-technology coupling performance of China. We empirically document that data mining and data management are necessary to improve coupling coordination; in the absence of other conditions, data mining or data management can produce high coupling coordination, but not sufficient to improve coupling efficiency. Springer US 2023-03-06 /pmc/articles/PMC9986669/ http://dx.doi.org/10.1007/s10660-023-09686-5 Text en © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2023, Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Article
Xie, Wenjun
Wang, Renxiang
Application of data elements in the coupling of finance and technology on the digital electronic platform
title Application of data elements in the coupling of finance and technology on the digital electronic platform
title_full Application of data elements in the coupling of finance and technology on the digital electronic platform
title_fullStr Application of data elements in the coupling of finance and technology on the digital electronic platform
title_full_unstemmed Application of data elements in the coupling of finance and technology on the digital electronic platform
title_short Application of data elements in the coupling of finance and technology on the digital electronic platform
title_sort application of data elements in the coupling of finance and technology on the digital electronic platform
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9986669/
http://dx.doi.org/10.1007/s10660-023-09686-5
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