数字化与持续绿色创新——来自A股上市工业企业的证据  

Digitalization and Continuous Green Innovation:Evidence from A-share Listed Industrial Companies

作　　者：冉启英[1,2] 杨小东 叶林祥 RAN Qi-ying;YANG Xiao-dong;YE Lin-xiang(Center for Innovation Management Research of Xinjiang,Xinjiang University,Urumqi Xinjiang 830047,China;School of Business and Economics,Shanghai Business School,Shanghai 200235,China;School of Economics and Management,Xinjiang University,Urumqi Xinjiang 830047,China;School of Economics,Nanjing University of Finance and Economics,Nanjing Jiangsu 210023,China)

机构地区：[1]新疆大学新疆创新管理研究中心,新疆乌鲁木齐830047 [2]上海商学院商务经济学院,上海200235 [3]新疆大学经济与管理学院,新疆乌鲁木齐830047 [4]南京财经大学经济学院,江苏南京210023

出　　处：《苏州大学学报（哲学社会科学版）》2024年第4期119-131,共13页Journal of Soochow University(Philosophy & Social Science Edition)

基　　金：国家社会科学基金重大项目“新时代我国农村贫困性质变化及2020年后反贫困政策研究”(项目编号:19ZDA116)的研究成果。

摘　　要：作为我国实现经济高质量发展的原始动能,数字化与可持续发展是现阶段重要的战略方向,对这两者之间关系的探究具有重要意义。基于2011—2019年中国A股上市工业企业数据,实证剖析了数字化对工业企业绿色持续创新的影响。研究结果表明,数字化可以显著促进工业企业的持续绿色创新,这一结果在历经一系列稳健性检验后仍然稳健。机制分析显示,数字化可以通过减少融资约束与增加企业社会责任这两条渠道,进一步增强工业企业的持续绿色创新。异质性分析显示,数字化对轻污染行业的持续绿色创新起到显著促进作用,而在重污染行业中该效应不显著;并且,数字化对制造行业的持续绿色创新促进作用显著,而该促进作用在采矿业、能源与电力行业并未得到充分释放。本研究结果充分发挥了“风向标”作用,为企业继续实施数字化转型战略与绿色创新提质增效提供了良好支撑。The pursuit of high-quality economic development in China depends on key factors such as digitalization and sustainable development.The intricate interplay between these aspects assumes paramount strategic importance in the current landscape.Investigating the nexus between these elements has significant implications.This study conducts an empirical analysis of the economic impact of digitization on continuous green innovation in industrial firms,using data from A-share listed industrial firms in China from 2011 to 2019.This study finds that digitalization significantly stimulates continuous green innovation in industrial enterprises.This effect persists through a series of robustness tests.Mechanistic testing reveals that digitization stimulates continuous green innovation among industrial enterprises through two primary pathways:alleviating financial constraints and enhancing corporate social responsibility.Heterogeneity analysis underscores that while digitization significantly promotes continuous green innovation in light-polluting industries,its impact is less pronounced in heavy-polluting industries.Furthermore,digitization demonstrates its effectiveness in promoting continuous green innovation within the manufacturing sector,but shows less influence within the mining,energy,and power sectors.The findings of this study act as a compass,providing significant support for companies seeking to pursue digital transformation strategies alongside green innovation to enhance both their qualitative and quantitative dimensions.

关 键 词：数字化 持续绿色创新 行业特征 融资约束 企业社会责任 

分 类 号：F276[经济管理—企业管理]