Impact of digitalization on green innovation in high energy-consuming enterprises and its mechanisms
Digitalization is an important driving force to stimulate corporate green innovation.Using the annual panel data of high energy-consuming enterprises from 2010 to 2022,this paper analyzes the impact mechanisms and paths of digitalization on green innovation from both theoretical and empirical perspectives.The results show that compared with the underlying technology,the digitalization of practical technology can significantly promote the quality and quantity of green innovation in high energy-consuming enterprises.Among them,the promotion effect on quality is more obvious.The conclusion is still valid after robustness test.Mechanism analysis reveals that digitalization mainly promotes green innovation in high energy-consuming enterprises by improving the level of industry-university-research cooperation and alleviating financing constraints.Digitalization has a more significant promoting effect on green innovation in high energy-consuming enterprises in eastern regions and non-state-owned enterprises.This study expands the research dimensions of digitalization and green innovation,and provides valuable reference for green transformation and development of high energy-consuming enterprises.
NETL
NSTL
万方数据
