数字化转型对企业绿色创新的影响研究——基于A股非金融类上市企业的经验证据

Research on the Impact of Digital Transformation on Corporate Green Innovation—Based on the Empirical Evidence of A-Share Non-Financial Listed Companies

本文选取2011~2022年A股非金融类上市企业作为样本,运用固定效应模型和工具变量法,探讨了数字化转型对企业绿色创新的影响。研究结果表明,数字化转型对企业绿色创新具有显著的正向促进作用。进一步分析发现创新驱动效应在数字化转型和企业绿色创新之间的中介作用,即数字化转型通过提高研发投入的创新能力,间接推动了企业的绿色创新。此外,异质性分析发现,国有企业和高科技企业在数字化转型过程中对绿色创新的促进作用更为显著。本文为深入理解数字化转型如何促进企业绿色发展提供了新的视角,并为企业管理者提供了实施数字化转型和绿色创新策略的参考依据。The paper selects A-share non-financial listed companies from 2011 to 2022 as samples, and uses fixed effect model and instrumental variable method to explore the impact of digital transformation on corporate green innovation. The results show that digital transformation has a significantly positive effect on corporate green innovation. Further analysis finds that the innovation-driven effect plays a mediating role between digital transformation and corporate green innovation, that is, digital transformation indirectly promotes corporate green innovation by improving the innovation capability of R&D investment. In addition, heterogeneity analysis finds that SOES and high-tech enterprises play a more significant role in promoting green innovation in the process of digital transformation. This paper provides a new perspective for understanding how digital transformation promotes the green development of enterprises, and provides a reference basis for enterprise managers to implement digital transformation and green innovation strategies.