Abstract
In the current era of digital economy, green innovation has gradually become an important symbol of the green development of enterprises. This paper accelerates the coordinated development of digitalization and “greenization” by using panel data from China’s A-share-listed manufacturing companies from 2007 to 2019 to study the relationship between digital transformation and breakthrough green innovation. The empirical results reveal that the source of the increase in the number of green patents promoted by digital transformation is not the breakthrough innovation reflecting quality and effect, but demonstrates technical similarity. Further analysis demonstrates that enterprises in technology-intensive industries and strong market competition environment will be more inclined toward breakthrough green innovation after a digital transformation. This study empirically supports green transformations of manufacturing enterprises while providing new ideas for cultivating enterprises to choose high-quality green innovation modes.
Recommended Citation
zheng, shiyu and Zhang, Ning, "Does Digital Transformation Promote Breakthrough Green Innovation? Empirical Evidence from Listed Chinese Manufacturing Companies" (2023). PACIS 2023 Proceedings. 128.
https://aisel.aisnet.org/pacis2023/128
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Comments
Paper Number 1527; Track Digital Innovation; Complete Paper