Research on the Impact and Mechanism of Digital Transformation on Green Innovation in Manufacturing Companies
Digital transformation has empowered enterprises with new development impetus,propelled technological advancements in traditional manufacturing,and strengthened green technology innovation,thereby achieving the goal of digitalization and greenization synergistic development.This article takes Chinese A-share listed manufacturing companies from 2009 to 2022 as samples to empirically analyze the impact and mechanism of digital transformation on the green innovation efficiency of manufacturing enterprises.Empirical results indicate:Digital transformation can significantly enhance the green innovation efficiency of manufacturing enterprises;Digital transformation improves enterprise green innovation by alleviating financing constraints.Therefore,the government should strengthen guidance for enterprise digital transformation,prioritize the enhancement of innovation efficiency,which contributes to the sustained improvement of enterprise green innovation performance.
digital transformationmanufacturing industrygreen innovationfinancing constraints