Corporate Digital Transformation and Green Technoiogy Innovation: Evidence from China's Listed Companies in the Manufacturing Industry  

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作  者:LIU Zhiming TONG Lin ZHONG Huaming 

机构地区:[1]School of Economics and Management,South China Normal University,Guangzhou 510006,China [2]School of Finance,Guangdong University of Foreign Studies,Guangzhou 510420,China

出  处:《Frontiers of Business Research in China》2024年第3期244-260,共17页中国高等学校学术文摘·工商管理研究(英文版)

摘  要:Digital transformation has brought new vitality into enterprises'innovative development.Traditional manufacturing industries have leveraged digitalization to drive technological advancements,thereby promoting corporate green technology innovation and achieving the goal of coordinated transformation toward digital and green development.This paper employs annual data of China's A-share listed manufacturing companies from 2007 to 2020 to examine the impact of digital transformation on corporate green technology innovation and the underlying mechanism of this impact.The results indicate that digital transformation significantly enhances corporate green technology innovation,and this enhancing effect is even more significant in state-owned enterprises and high-tech enterprises.The mechanism test reveals that enhancing digital transformation can not only improve enterprises'information transparency and strengthen positive market expectations,but also encourage enterprises to increase R&D investment,ultimately enhancing the level of their green technology innovation.The empirical findings of this paper can provide valuable insights for government departments to formulate strategies that can promote green innovation in the manufacturing industry,drive high-quality development,and contribute to the achievement of carbon peaking and carbon neutrality targets.

关 键 词:digital transformation green technology innovation information transparency R&D investment 

分 类 号:F424[经济管理—产业经济] F27

 

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