The effect and mechanism of digital transformation on green innovation of textile enterprises
The textile industry plays a crucial role in national economic and social development,serving as a fundamental industry that not only supports people's livelihoods but also enhances their quality of life.Green innovation is an important requirement for the textile industry's high-quality development.In recent years,China's textile industry has actively promoted the development and application of full-process green technology.A full-life-cycle green and low-carbon industrial system has been initially established.However,low investment in innovation factors,weak green coordination among industrial chains and insufficient disclosure of environmental information are still restricting green innovation.Given this,it is crucial for textile enterprises to overcome the barriers to green innovation as they enter a new phase of green transformation.With the promotion of digital transformation,textile enterprises integrate digital technology into textile equipment,process flow,clean production,and other green innovation links and explore energy saving and consumption reduction in the manufacturing stage.In this context,the effect of digital transformation applied to green innovation in textile enterprises needs to be evaluated,and the black box mechanism urgently needs to be explored.Based on the resource-based theory and resource orchestration theory,this paper incorporates government subsidies and environmental information disclosure into the theoretical framework of the impact of digital transformation on green innovation.Adopting the panel data of China's A-share listed companies in the textile industry from 2011 to 2022 and the two-way fixed effect model,it empirically tests the effect and mechanism of digital transformation on green innovation.From the perspective of resources and efficiency,the paper explores the potential mediating path of digital transformation and discusses the moderating mechanisms of government subsidies and information disclosure as two policy tools.This study offers the following contributions.First,the measurement of the digital transformation using the objective data from textile enterprises is improved.Second,the empirical method fills the gap in the textile industry digital-greening study.Third,from the perspective of inhibition mechanisms,it provides enlightenment for warning digital paradoxes and guiding digital transformation to empower green innovation through policy tools.The results show that digital transformation has a restraining effect on green innovation,and emerging digital technologies have not yet enabled the original green innovation process of textile enterprises.The mediating test shows that digital transformation does not occupy the green innovation resources of textile enterprises,and its impact on green innovation is due to"efficiency inhibition"rather than"factor crowding-out".The moderating test shows that disclosing environmental information can directly lessen the inhibition effect of digital transformation on green innovation.The"signal transmission"effect of government subsidies can indirectly weaken the"efficiency inhibition"effect of digital transformation on green innovation.The study of the impact and mechanisms of digital transformation on green innovation can serve as a guide for textile enterprises,enabling them to better adapt to the demands of green innovation.It can also serve as inspiration for the digital-greening collaboration of traditional manufacturing industries to promote high-quality development.
digital transformationtextile enterprisesgreen innovationfactor crowding-outgreen innovation efficiencygovernment subsidiesenvironmental information disclosure
万方数据
维普
