Enterprise Digital Transformation,R&D Investment and Green Innovation
Based on the data of China's A-share listed companies from 2012 to 2022,this paper empirically examines the impact of enterprise digital transformation on green innovation from the perspective of R&D invest-ment,and explores the influence mechanism of R&D investment as an intermediary.The study finds that enterprise digital transformation has a positive impact on both R&D investment and green innovation,which emphasizes the mechanism of R&D investment between enterprise digital transformation and green innovation,and points out that digital transformation plays a partial mediating effect between the two.The results of the heterogeneity test show that there are significant differences in the promotion effect of digital transformation on green innovation in different types of enterprises and regions,especially in state-owned enterprises,high-tech enterprises and enterprises in the central region.
digital transformationgreen innovationR&D investmentFixed-effect model