The Function Mechanism of Digital Inclusive Finance in Improving the Level of Agricultural and Technology Innovation

Under the background of global economic digital inclusive finance, digital inclusive finance, as an important product of financial technology development, is gradually becoming a new engine to promote agricultural modernization and rural economic development. Based on the data of 30 provinces (regions) in China from 2011 to 2022, the influence mechanism of digital inclusive finance level on agricultural science and technology innovation level was analyzed by using the methods of fixed effect model, intermediary effect and Bootstrap test. Through research and analysis, it showed that, the level of agricultural science and technology innovation would increase with the level of digital inclusive finance. Through the study of intermediary effect, it was found that, digital inclusive finance could improve the level of agricultural science and technology innovation by increasing the number of information enterprises and improving the level of urbanization; Heterogeneous effect showed that, digital inclusive finance had a significant positive effect on all regions. Regionally, the influence of digital inclusive finance on the innovation level of agricultural science and technology in the eastern region was greater than that in the central and western regions.