企业数字化转型会促进绿色技术创新吗？——基于文本分析方法的经验证据

摘要/Abstract

摘要： 数字化转型是企业在激烈的市场竞争中实现可持续发展的核心引擎。本文选取2014—2021年A股上市制造业企业为样本,通过文本分析技术对企业年报中有关“数字化转型”标识词进行定位和提取,以此来评估企业的数字化水平,并系统考察企业数字化转型对企业绿色技术创新的影响及其作用机制。研究发现,企业数字化转型显著提升了企业的绿色技术创新水平。异质性检验揭示,数字化转型对企业绿色技术创新的影响在国有企业和大型企业中更为显著。进一步的机制检验表明,数字化转型主要通过提升信息共享和公司治理水平来促进企业绿色技术创新。在经济政策不确定性较高的环境下,数字化转型对企业绿色技术创新的促进作用尤其明显。本文的研究结论为深入理解数字化转型如何影响企业绿色技术创新提供了微观证据,也为我国数字经济政策的制定以及经济的高质量发展提供了重要启示。

关键词: 企业数字化转型, 绿色技术创新, 信息共享效应, 公司治理效应, 企业转型升级

Abstract: With the arrival of the digital era, the deep integration and broad expansion of the digital economy and the real economy has become a general trend. Green technological innovation is an important path to achieve the “dual-carbon goal” as well as the cornerstone of green development and social green transformation. Vigorously developing green technological innovation is conducive to the sustainable development of the economy. In the context of the rapid development of the digital economy, it will contribute to promoting high-quality economic development to study whether enterprises' digital transformation can boost their green technological innovation. This paper takes the data of A-share listed companies in Shanghai and Shenzhen from 2014 to 2021 as the sample to carry out an in-depth verification of the influence path between the degree of enterprise digital transformation and the level of green technology innovation. The main findings are as follows: enterprise digital transformation is positively correlated with enterprise green technology innovation, i.e., enterprise digital transformation can significantly improve the level of enterprise green technology innovation. The heterogeneity test finds that the impact of digital transformation on enterprise green technology innovation is more significant in state-owned enterprises and large enterprises. The influence mechanism test shows that the information sharing effect and the corporate governance effect, as the influence mechanisms of the positive relationship between digital transformation and green technology innovation, produce a certain mediating effect on the relationship between the two; the promotion effect of digital transformation on enterprise green technology innovation is mainly realized by promoting enterprises to improve the level of information sharing and the level of corporate governance. In addition, under higher economic policy uncertainty, the promotional effect of enterprise digital transformation on enterprises to improve the level of green technological innovation is more prominent. Enterprise digital transformation can promote enterprises to carry out green technology innovation to improve the transformation and upgrading of manufacturing enterprises.The findings of this paper support the positive promotion effect of enterprise digital transformation on green technology innovation, provide a basis for judgment of the decision-making of green innovation practice and behavior of many enterprise subjects, and also offer certain suggestions for the policy formulation of the relevant government departments. First, the government should encourage enterprises to build and improve the diversified digital green innovation ecology, build a sustainable development innovation system based on digital technology, and boost enterprise green technology innovation momentum. Second, enterprises should strengthen the information disclosure of digital transformation and improve the transparency of information disclosure, so as to promote the enhancement of the level of green technological innovation of enterprises. Finally, relevant government departments should play an active and adequate role in guiding the digital transformation of enterprises, attracting enterprises to complete digital transformation more closely through the formulation and promulgation of policies, escorting the direction and process of digital transformation of enterprises, and carrying out green technological innovation activities.

Key words: Enterprise Digital Transformation, Corporate Green Technology Innovation, Information Sharing Effect, Corporate Governance Effect, Enterprise Transformation and Upgrading

中图分类号:

F273.1

高智林, 谭文浩. 企业数字化转型会促进绿色技术创新吗？——基于文本分析方法的经验证据[J]. 财经论丛, 2024, 40(1): 79-91.

GAO Zhilin, TAN Wenhao. Will the Enterprise Digital Transformation Promote Corporate Green Technological Innovation? Empirical Evidence Based on Text Analysis Methods[J]. Collected Essays on Finance and Economics, 2024, 40(1): 79-91.

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