How Financial Innovation Shapes Agricultural Value Chain Development and Resilience: A Systematic Literature Review

ABSTRACT

Financial innovation profoundly reshapes the financing mechanisms, risk structures, and resilience of agricultural value chains. Based on 40 high‐quality English studies (2018–2026), this review identifies five core agricultural financial innovations: digital payments, digital credit, supply chain finance, blockchain, and decentralized finance, as well as climate derivatives and blended finance. These innovations enhance financial inclusion for smallholders and agribusinesses by mitigating information asymmetry and easing financing constraints. The integration of green finance and digital inclusive finance lifts agricultural green total factor productivity and promotes eco‐friendly technology adoption. The synergy of supply chain finance, AI, and blockchain strengthens the shock resistance, recovery, and adaptive transformation capabilities of agricultural value chains. Constraints include the digital divide, technological uncertainty, insufficient regulation, and unsustainable business models. This paper constructs a “technology–institution–value” framework to illustrate transmission pathways and puts forward future research directions and policy implications.