数字化能否实现企业绿色创新的“提质增量”?——基于资源视角

Does digitalization improve the quality and quantity of enterprise green innovation?——Based on resource perspective

随着数字经济和绿色发展战略的不断推进,企业数字化转型能否促进其绿色创新质量和数量提升是亟待探索的待解课题。研究基于资源视角,以2015-2020年748家上市企业数据为样本,实证分析了数字化对企业绿色创新质量和数量的影响及异质性特征,并对创新资源投入的中介作用进行了检验。研究发现:(1)数字化显著提升了企业绿色创新质量和数量,相对而言,更能提升绿色创新质量。(2)创新人力资源投入和财力资源投入在数字化与企业绿色创新质量和数量间发挥部分中介效应。(3)相较于非国有、无政治关联、东部地区的企业,国有、有政治关联、非东部地区的企业推进数字化更能实现绿色创新的“提质增量”。(4)经济后果分析表明,数字化对企业价值的直接正向影响尚不显著,但绿色创新质量在其中起到了显著的中间传导作用。

Green innovation is an important strategy for enterprises to achieve the goal of sustainable development.This view has been widely recognized by all sectors of society.Actively carrying out green innovation will help enterprises shape a green image and enhance their competitive advantage.However,under the pressure of multiple external systems,enterprises are easy to pursue innovation"quantity"and ignore"quality".The lack of substantive innovation behavior limits the thrust of enterprises to move towards high-quality development through green innovation.Some studies believe that digital transformation can fully enable enterprise innovation activities,and whether enterprise digital transformation can promote the quality and quantity of green innovation is an urgent topic to be explored.Based on the perspective of resources,taking the data of 748 listed enterprises from 2015 to 2020 as samples,this paper empirically analyzes the impact of digitization on the quality and quantity of green innovation and the characteristics of heterogeneity,and tests the intermediary role of innovation resource investment.The research found that:(1)digitization has a significant positive effect on the quality and quantity of green innovation,which can better improve the quality of green innovation.(2)Innovative human resources investment and innovative financial resources investment play a partial intermediary effect between digitization and the quality and quantity of enterprise green innovation.(3)Heterogeneity analysis shows that compared with non-state-owned,non-politically related and eastern enterprises,the digitization of state-owned,politically related and non-eastern enterprises can better improve the quality and quantity of green innovation.(4)The economic consequence analysis shows that the direct positive impact of digitization on enterprise value is not significant,but the quality of green innovation plays a significant intermediate role.The theoretical contributions of this paper are mainly reflected in:first,most of the existing studies focus on the impact of digital transformation on the economic value of enterprises.However,under the background of accelerating the implementation of new development concepts such as"green"and"innovation",non-economic performance has increasingly become an important basic content for enterprises to build a sustainable competitive advantage,and explore the important value of digitalization in enterprise green innovation.It broadens our theoretical understanding of non-economic value creation in enterprise digital transformation.Second,from the perspective of micro enterprises,it directly establishes the relationship between digitalization and enterprise green innovation,which is conducive to deepening our micro understanding of the complex relationship between digitalization and enterprise green innovation.Thirdly,based on the perspective of resources,this paper constructs a theoretical model of"digitalization-innovation resource investment-green innovation",deeply analyzes the intermediate transmission mechanism of innovation resource investment,and opens the"black box"of digital enabling enterprise green innovation process,which is helpful to clarify the complex theoretical relationship between the two aspects.