The impact and pathways of digital economy on green technological innovation in advanced manufacturing:An examination based on the sample of A-share listed companies in Shanghai and Shenzhen stock exchanges from 2011 to 2022
The impact and pathways of digital economy on green technological innovation in advanced manufacturing:An examination based on the sample of A-share listed companies in Shanghai and Shenzhen stock exchanges from 2011 to 2022
Using data from Shanghai and Shenzhen A-share listed advanced manufacturing companies from 2011 to 2022 as a sample,this study empirically investigates the impact and pathways of the digital economy on green technological innovation through the construction of a system GMM model.The findings indicate that the digital economy can promote green technological innovation in advanced manufacturing,with resource allocation optimization and industrial structure upgrading serving as important intermediary pathways.Furthermore,environmental regulations exert a significant positive moderating effect.The heterogeneity analysis shows that the digital economy significantly promotes green technological innovation only in advanced manufacturing enterprises of non-state-owned,clean industries and eastern region.Therefore,to foster green development in advanced manufacturing,it is crucial to enhance digital infrastructure,optimize resource allocation and industrial structure,improve environmental regulatory policies,while also respecting the differences in resource endowments.
关键词
数字经济/环境规制/先进制造业/绿色技术创新
Key words
digital economy/environmental regulation/advanced manufacturing/green technological innovation