Can Digital Transformation Promote Green Technology Innovation?

发表日期：2022年6月20日

作者：      Long Xue, Qianyu Zhang, Xuemang Zhang and Chengyu Li

单位：      School of Economics and Management,

      Zhengzhou University of Light Industry, China

期刊：      Sustainability 2022, 14(12), 7497

摘要：      Using the index of the degree of digital transformation of enterprises constructed based on text analysis, and combining the data of Shanghai and Shenzhen A-share listed companies from 2007 to 2020, a panel data model was established to empirically study the impact of digital transformation on green technology innovation and the mechanism of action and to further analyze the impact of heterogeneity. The results show that digital transformation can significantly promote green technology innovation, and its internal mechanism is that digital transformation can improve the level of green technology innovation by alleviating financing constraints and attracting government subsidies. Compared with nonstate-owned enterprises and small and medium-sized enterprises, digital transformation plays a more significant role in promoting green technology innovation in state-owned enterprises and large-scale enterprises. Therefore, the government should regulate the market order and formulate reasonable financial policies to provide policy and financial support for enterprises to carry out digital transformation, mobilize the willingness of enterprises to carry out green technology innovation and improve the level of green technology innovation in China.

关键词：      digital transformation; green technology innovation;

      financing constraints; government subsidies;

      green development

DOI：      https://doi.org/10.3390/su14127497

链接：      https://www.mdpi.com/2071-1050/14/12/7497