How Digital Transformation Impacts Corporate Green Innovation:An Analysis of Chain Mediation Effects from the Perspective of Resources
The wide application of digital technology is conducive to green innovation,and the digital transformation of enterprises will inevitably have an impact on their green innovation level.In order to verify its impact and explore the mechanism of action,this study conducts an empirical analysis based on the micro data of A-share listed companies in Shanghai and Shenzhen from 2009 to 2021.The results show that:(1)digital transformation significantly improves the level of green innovation of enterprises;(2)The allocation of innovation resources,industry-university-research cooperation and the integration of technological resources play an important intermediary role,and the structural equation model analysis shows that there are two chained paths.(3)Compared with the quantity of green innovation,the effect of digital transformation on the improvement of the quality of green innovation is more obvious,which is conducive to the realization of"substantial green innovation",and the main mediating factor affecting the difference in the effect lies in the innovation resource allocation mechanism.These results provide empirical evidence for a better understanding of how"digitalization"affects the critical issue of"greening".
Digital TransformationGreen InnovationStructural Equation Modeling
NETL
NSTL
万方数据
