Does the perception of smart governance enhance commercial investments? Evidence from Beijing, Shanghai, Guangzhou, and Hangzhou.

ABSTRACT: This study explores how the perception of specific aspects of smart governance affects the business environment as to attract investment. To this end, we used a survey design and collected data from Beijing, Shanghai, Guangzhou, and Hangzhou. A total of 500 responses from different industries and companies were obtained and then empirically analyzed using ridge regression and intermediary effect models. We found that the perception of smart governance enhances investment due to strong governance and abundant business opportunities. Natural sustainability attracts investment directly because, when cities become smart, they tend to improve their sustainability and attract talent and capital inflows. This external participation has a direct impact on enterprise investment because it creates m

SUBMITTER: Yin J 

PROVIDER: S-EPMC10440533 | biostudies-literature | 2023 Aug

REPOSITORIES: biostudies-literature