New Quality Productivity and"Incremental Improvement"of Green Innovation in Manufacturing Enterprises:Based on the Mediation Effect of Digital Transformation and Moderation Role of Digital Technology Innovation
Based on the data of A-share listed manufacturing enterprises on the Shanghai and Shenzhen stock markets of China from 2011 to 2022,this paper empirically tests the impact of new quality productivity on the"incremental improvement"of green innovation.The research finds that:The new quality productivity is conducive to promoting the"incremental improvement"of green innovation in manufacturing enterprises.The mechanism test shows that digital transformation is an important way for new quality productivity to affect the"incremental improvement"of enterprise green innovation.The result of moderating effect shows that the level of digital technology innovation of enterprises positively moderates the relationship between new quality productivity and digital transformation.Heterogeneity analysis shows that the promotion effect of new quality productivity on the"incremental improvement"of green innovation of state-owned enterprises,non-high pollution enterprises and enterprises in the eastern region is more obvious.The re-search results provide theoretical basis and practical suggestions for Chinese manufacturing enterprises to improve their green innovation by cultivating new quality productivity.
New quality productivityGreen innovationDigital transformationDigital technology innovation