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Digital Transformation on Enterprise Green Innovation: Effect and Transmission Mechanism.
Int J Environ Res Public Health. 2022 08 25; 19(17)IJ

Abstract

With the development of blockchain, big data, cloud computing and other new technologies, how to achieve innovative development and green sustainable development in digital transformation has become one of the key issues for enterprises to obtain and maintain core competitiveness. However, little of the literature has paid attention to the impact of digital transformation on enterprise green innovation. Using the data of Chinese A-share listed companies from 2010 to 2020, this paper empirically analyzes the impact of enterprise digital transformation on green innovation and its transmission mechanism, by constructing double fixed-effect models. The results show that digital transformation has remarkably promoted the green innovation of enterprises. R&D investment, government subsidies, and income tax burden have played a conductive role between digital transformation and enterprise green innovation. Furthermore, digital transformation can significantly promote the high-quality green innovation of enterprises and also plays a more significant role in promoting the green innovation of high-tech enterprises and state-owned enterprises. A robustness test is carried out by using the lag data and changing the measurement methods of the dependent variable and independent variables, and the research conclusions are still valid. Based on resource-based theory and dynamic capability theory, this paper reveals the impact path of digital transformation on enterprise green innovation, further expanding the research field of digital transformation and enriching the research on the influencing factors of enterprise green innovation. This paper provides policy suggestions for the government to improve the enterprise green innovation level by increasing government subsidies and providing tax incentives and also provides reference for digital transformation enterprises to accelerate green innovation by increasing R&D investment, obtaining government subsidies, and acquiring tax policy support.

Authors+Show Affiliations

School of Accounting, Shandong Women's University, Jinan 250300, China.School of Accounting, Shandong Women's University, Jinan 250300, China. School of Public Policy & Management, China University of Mining and Technology, Xuzhou 221116, China.School of Accounting, Shandong Women's University, Jinan 250300, China. Postgraduate Studies Unit, College of Business, Universiti Utara Malaysia, Sintok 06010, Malaysia.School of Accounting, Shandong Women's University, Jinan 250300, China.

Pub Type(s)

Journal Article
Research Support, Non-U.S. Gov't

Language

eng

PubMed ID

36078329

Citation

Feng, Hua, et al. "Digital Transformation On Enterprise Green Innovation: Effect and Transmission Mechanism." International Journal of Environmental Research and Public Health, vol. 19, no. 17, 2022.
Feng H, Wang F, Song G, et al. Digital Transformation on Enterprise Green Innovation: Effect and Transmission Mechanism. Int J Environ Res Public Health. 2022;19(17).
Feng, H., Wang, F., Song, G., & Liu, L. (2022). Digital Transformation on Enterprise Green Innovation: Effect and Transmission Mechanism. International Journal of Environmental Research and Public Health, 19(17). https://doi.org/10.3390/ijerph191710614
Feng H, et al. Digital Transformation On Enterprise Green Innovation: Effect and Transmission Mechanism. Int J Environ Res Public Health. 2022 08 25;19(17) PubMed PMID: 36078329.
* Article titles in AMA citation format should be in sentence-case
TY - JOUR T1 - Digital Transformation on Enterprise Green Innovation: Effect and Transmission Mechanism. AU - Feng,Hua, AU - Wang,Fengyan, AU - Song,Guomin, AU - Liu,Lanlan, Y1 - 2022/08/25/ PY - 2022/08/09/received PY - 2022/08/23/revised PY - 2022/08/23/accepted PY - 2022/9/9/entrez PY - 2022/9/10/pubmed PY - 2022/9/14/medline KW - R&D investment KW - digital transformation KW - government subsidies KW - green innovation KW - income tax burden JF - International journal of environmental research and public health JO - Int J Environ Res Public Health VL - 19 IS - 17 N2 - With the development of blockchain, big data, cloud computing and other new technologies, how to achieve innovative development and green sustainable development in digital transformation has become one of the key issues for enterprises to obtain and maintain core competitiveness. However, little of the literature has paid attention to the impact of digital transformation on enterprise green innovation. Using the data of Chinese A-share listed companies from 2010 to 2020, this paper empirically analyzes the impact of enterprise digital transformation on green innovation and its transmission mechanism, by constructing double fixed-effect models. The results show that digital transformation has remarkably promoted the green innovation of enterprises. R&D investment, government subsidies, and income tax burden have played a conductive role between digital transformation and enterprise green innovation. Furthermore, digital transformation can significantly promote the high-quality green innovation of enterprises and also plays a more significant role in promoting the green innovation of high-tech enterprises and state-owned enterprises. A robustness test is carried out by using the lag data and changing the measurement methods of the dependent variable and independent variables, and the research conclusions are still valid. Based on resource-based theory and dynamic capability theory, this paper reveals the impact path of digital transformation on enterprise green innovation, further expanding the research field of digital transformation and enriching the research on the influencing factors of enterprise green innovation. This paper provides policy suggestions for the government to improve the enterprise green innovation level by increasing government subsidies and providing tax incentives and also provides reference for digital transformation enterprises to accelerate green innovation by increasing R&D investment, obtaining government subsidies, and acquiring tax policy support. SN - 1660-4601 UR - https://www.unboundmedicine.com/medline/citation/36078329/Digital_Transformation_on_Enterprise_Green_Innovation:_Effect_and_Transmission_Mechanism_ DB - PRIME DP - Unbound Medicine ER -