An important proposition needed in-depth research is how digital technology empowers the green transformation of the manufacturing industry.This paper empirically finds that digital empowerment can boost the green tra...An important proposition needed in-depth research is how digital technology empowers the green transformation of the manufacturing industry.This paper empirically finds that digital empowerment can boost the green transformation of enterprises,the conclusion of which stands valid under all kinds of robustness tests.Moreover,such boosting is heterogeneous and exists in industries with different energy consumption intensities.In addition,digital empowerment has a positive spillover effect on the green transformation ofupstream and downstream enterprises along industrial chains.From the specific mechanism of action,digital empowerment mainly drives the green transformation of manufacturing enterprises through scale and technology effects.The green transformationis significantly positively affected by digital empowerment.Compared with digital empowerment driven by domestic digital sources,the one built on foreign digital sourceshas a more profound influence on the green transformation of the manufacturing industry,although the green transformation is significantly positively affected bydigital empowerment.The differences above may stem from the gap in the development of digital technology at home and abroad.This judgment has been further confirmed in the heterogeneity analysis on regions with different levels of economic development and factor-intensive manufacturing industries.This means that in the new round of technological competition,China should be alert to the potential impact brought by the development gap of domestic and global digital technologies.This paper helps to expand and deepen the understanding of the factors affecting the green transformation of manufacturing enterprises.It also brings important policy implications to the following aspects:the method of seizing strategic opportunities brought by digital technology,the first-mover advantage built on open integration and innovation,the narrowing of the gap with foreign digital development levels,and the stabilization of digital empowerment basis for the green transformation oftheemanufacturing industry.展开更多
基金This paper is supported by major project of Philosophy and Social Science Research in Colleges and Universities in Jiangsu Province"Research on Xi Jinping's Critical Exposition on the‘Dual Circulation'Development Paradigm"(No.2021SJZDA010)general program of Jiangsu Social Science Foundation"Research on General SecretaryXi Jinping's SignificantExposition on Opening-Upto the Outside World and Jiangsu's OpenEconomy"(No.22EYB014).
文摘An important proposition needed in-depth research is how digital technology empowers the green transformation of the manufacturing industry.This paper empirically finds that digital empowerment can boost the green transformation of enterprises,the conclusion of which stands valid under all kinds of robustness tests.Moreover,such boosting is heterogeneous and exists in industries with different energy consumption intensities.In addition,digital empowerment has a positive spillover effect on the green transformation ofupstream and downstream enterprises along industrial chains.From the specific mechanism of action,digital empowerment mainly drives the green transformation of manufacturing enterprises through scale and technology effects.The green transformationis significantly positively affected by digital empowerment.Compared with digital empowerment driven by domestic digital sources,the one built on foreign digital sourceshas a more profound influence on the green transformation of the manufacturing industry,although the green transformation is significantly positively affected bydigital empowerment.The differences above may stem from the gap in the development of digital technology at home and abroad.This judgment has been further confirmed in the heterogeneity analysis on regions with different levels of economic development and factor-intensive manufacturing industries.This means that in the new round of technological competition,China should be alert to the potential impact brought by the development gap of domestic and global digital technologies.This paper helps to expand and deepen the understanding of the factors affecting the green transformation of manufacturing enterprises.It also brings important policy implications to the following aspects:the method of seizing strategic opportunities brought by digital technology,the first-mover advantage built on open integration and innovation,the narrowing of the gap with foreign digital development levels,and the stabilization of digital empowerment basis for the green transformation oftheemanufacturing industry.
