A study on the impact mechanism of digitalization on corporate green innovation

With the wide application of digital technologies such as big data, cloud computing and 5G technology, the digital transformation of enterprises provides new ways for enterprises to enhance green innovation and achieve sustainable development. Starting from the resource-based view and combining sign...

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Main Authors: Gao, Shanshan, Li, Wenqi, Meng, Jiayi, Shi, Jianfeng, Zhu, Jianhua
Other Authors: School of Social Sciences
Format: Journal Article
Language:English
Published: 2023
Subjects:
Online Access:https://hdl.handle.net/10356/169505
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author Gao, Shanshan
Li, Wenqi
Meng, Jiayi
Shi, Jianfeng
Zhu, Jianhua
author2 School of Social Sciences
author_facet School of Social Sciences
Gao, Shanshan
Li, Wenqi
Meng, Jiayi
Shi, Jianfeng
Zhu, Jianhua
author_sort Gao, Shanshan
collection NTU
description With the wide application of digital technologies such as big data, cloud computing and 5G technology, the digital transformation of enterprises provides new ways for enterprises to enhance green innovation and achieve sustainable development. Starting from the resource-based view and combining signaling theory and stakeholder theory, this article empirically analyzes the impact of enterprise digitalization level on green innovation by examining the effect of enterprise digitalization level on green innovation and the inner transmission mechanism. The results show that (1) the digitalization level of enterprises can promote the improvement of green innovation, and this is not affected by the nature of property rights and the region of enterprises; (2) there is a partial mediating effect of government subsidies in the relationship between the digitalization level of enterprises and green innovation, and enterprises can obtain more innovation resources and thus promote green innovation through the improvement of digitalization level, and this effect is stronger in enterprises in eastern regions than in other regions; (3) The relationship between digitalization level and green innovation is positively affected by the fulfillment of corporate social responsibility, and the promotion effect of digitalization level on green innovation is strengthened as the degree of fulfillment of corporate social responsibility increases. This article reveals the ways in which digitalization level influences enterprise green innovation, which further enriches the theoretical study of enterprise green innovation. The article provides policy suggestions for the government to improve the level of corporate green innovation and achieve the dual carbon goal; it also provides references for enterprises to build a multi-level influence mechanism to promote the improvement of the green innovation level based on the stakeholder theory.
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spelling ntu-10356/1695052023-07-23T15:30:32Z A study on the impact mechanism of digitalization on corporate green innovation Gao, Shanshan Li, Wenqi Meng, Jiayi Shi, Jianfeng Zhu, Jianhua School of Social Sciences Social sciences::Economic theory Digitalization Green Innovation With the wide application of digital technologies such as big data, cloud computing and 5G technology, the digital transformation of enterprises provides new ways for enterprises to enhance green innovation and achieve sustainable development. Starting from the resource-based view and combining signaling theory and stakeholder theory, this article empirically analyzes the impact of enterprise digitalization level on green innovation by examining the effect of enterprise digitalization level on green innovation and the inner transmission mechanism. The results show that (1) the digitalization level of enterprises can promote the improvement of green innovation, and this is not affected by the nature of property rights and the region of enterprises; (2) there is a partial mediating effect of government subsidies in the relationship between the digitalization level of enterprises and green innovation, and enterprises can obtain more innovation resources and thus promote green innovation through the improvement of digitalization level, and this effect is stronger in enterprises in eastern regions than in other regions; (3) The relationship between digitalization level and green innovation is positively affected by the fulfillment of corporate social responsibility, and the promotion effect of digitalization level on green innovation is strengthened as the degree of fulfillment of corporate social responsibility increases. This article reveals the ways in which digitalization level influences enterprise green innovation, which further enriches the theoretical study of enterprise green innovation. The article provides policy suggestions for the government to improve the level of corporate green innovation and achieve the dual carbon goal; it also provides references for enterprises to build a multi-level influence mechanism to promote the improvement of the green innovation level based on the stakeholder theory. Published version This research was funded by the Social Science Planning Project of Shandong Province grant number 21BZBJ15. And the APC was funded by the Social Science Planning Project of Shandong Province. 2023-07-21T02:10:04Z 2023-07-21T02:10:04Z 2023 Journal Article Gao, S., Li, W., Meng, J., Shi, J. & Zhu, J. (2023). A study on the impact mechanism of digitalization on corporate green innovation. Sustainability, 15(8), 6407-. https://dx.doi.org/10.3390/su15086407 2071-1050 https://hdl.handle.net/10356/169505 10.3390/su15086407 2-s2.0-85156157566 8 15 6407 en Sustainability © 2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). application/pdf
spellingShingle Social sciences::Economic theory
Digitalization
Green Innovation
Gao, Shanshan
Li, Wenqi
Meng, Jiayi
Shi, Jianfeng
Zhu, Jianhua
A study on the impact mechanism of digitalization on corporate green innovation
title A study on the impact mechanism of digitalization on corporate green innovation
title_full A study on the impact mechanism of digitalization on corporate green innovation
title_fullStr A study on the impact mechanism of digitalization on corporate green innovation
title_full_unstemmed A study on the impact mechanism of digitalization on corporate green innovation
title_short A study on the impact mechanism of digitalization on corporate green innovation
title_sort study on the impact mechanism of digitalization on corporate green innovation
topic Social sciences::Economic theory
Digitalization
Green Innovation
url https://hdl.handle.net/10356/169505
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