Impact of digital transformation on green and sustainable innovation in business: a quasi-natural experiment based on smart city pilot policies in China

doi:10.1007/s10668-024-05643-w

	Impact of digital transformation on green and sustainable innovation in business: a quasi-natural experiment based on smart city pilot policies in China
	Kong, Lingyi; Chen, Jing
	2024-11-20
发表期刊	ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
摘要	The global landscape is witnessing a seismic shift propelled by the wave of the digital economy, with digital transformation emerging as a linchpin for nations striving for high-quality development. This paper navigates the intricate nexus between policy orientation and digital transformation to steer green and sustainable innovation within Chinese enterprises. Drawing on a nuanced theoretical analysis of how digital transformation intricately shapes enterprises' green sustainable innovation, this research systematically dissects the impact by crafting a multi-temporal double-difference model rooted in a quasi-natural experiment of the Smart City Pilot policy. The results underscore the profound influence of digital transformation in propelling the green sustainable innovation of enterprises, with a particularly accentuated effect evident in non-state-owned enterprises and firms nestled in urban locales characterized by robust industrialization levels. Furthermore, we identify government innovation support and environmental governance as significant channels through which digital transformation exerts its influence, while financing constraints play a moderating role in shaping this impact. These insights offer valuable guidance for the Chinese government in formulating policies aimed at fostering green and sustainable innovation in enterprises.
关键词	Digital transformation Green sustainable innovation Government innovation support Environmental governance Financing constraints China
DOI	10.1007/s10668-024-05643-w
收录类别	SCIE
ISSN	1387-585X
语种	英语
WOS研究方向	Science & Technology - Other Topics ; Environmental Sciences & Ecology
WOS类目	Green & Sustainable Science & Technology ; Environmental Sciences
WOS记录号	WOS:001359317800001
出版者	SPRINGER
原始文献类型	Article ; Early Access
EISSN	1573-2975
引用统计	被引频次[WOS]：0 [WOS记录] [WOS相关记录]
文献类型	期刊论文
条目标识符	http://ir.lzufe.edu.cn/handle/39EH0E1M/38338
专题	工商管理学院
通讯作者	Chen, Jing
作者单位	Lanzhou Univ Finance & Econ, Inst Business Adm, Lanzhou 730010, Peoples R China
第一作者单位	兰州财经大学
通讯作者单位	兰州财经大学
推荐引用方式 GB/T 7714	Kong, Lingyi,Chen, Jing. Impact of digital transformation on green and sustainable innovation in business: a quasi-natural experiment based on smart city pilot policies in China[J]. ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY,2024.
APA	Kong, Lingyi,&Chen, Jing.(2024).Impact of digital transformation on green and sustainable innovation in business: a quasi-natural experiment based on smart city pilot policies in China.ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY.
MLA	Kong, Lingyi,et al."Impact of digital transformation on green and sustainable innovation in business: a quasi-natural experiment based on smart city pilot policies in China".ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY (2024).