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author:

Fang, L. (Fang, L..) [1] | Li, Z. (Li, Z..) [2]

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Abstract:

We investigate the effect of corporate digitalization capabilities on green innovation among Chinese-listed firms. Using a panel dataset of 2908 companies from 2011 to 2020, we use textual analysis and entropy weighting on corporate annual reports to construct a yearly corporate digitalization index. Our findings show that corporate digitalization promotes green innovation, as evidenced by patent applications and grants. This relationship is stronger for firms with fewer financial constraints and in provinces with strong intellectual property protection. We also find the national digital policy of the “Internet Plus” strategy has a stronger positive effect on corporate green innovation for corporations with a higher degree of digitalization. Our results are robust to various alternative measures, econometric models, and different samples. © 2024 The Authors. Business Strategy and The Environment published by ERP Environment and John Wiley & Sons Ltd.

Keyword:

corporate digitalization financing constraints green innovation green patent applications and grants local intellectual property protection

Community:

  • [ 1 ] [Fang L.]School of Economics and Management, Fuzhou University, Fuzhou, China
  • [ 2 ] [Li Z.]Department of Financial and Business Systems, Faculty of Agribusiness and Commerce, Lincoln University, Lincoln, New Zealand

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Source :

Business Strategy and the Environment

ISSN: 0964-4733

Year: 2024

Issue: 5

Volume: 33

Page: 3936-3964

1 2 . 5 0 0

JCR@2023

CAS Journal Grade:1

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count:

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 0

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