Research on the Impact of Digital Economy on Green Innovation of Manufacturing Enterprises

Xingchang Li; Lelin Zhang

doi:10.54691/mbk4wp69

Authors

Xingchang Li
Lelin Zhang

DOI:

https://doi.org/10.54691/mbk4wp69

Keywords:

Digital Economy; Manufacturing Firms; Green Innovation; Heterogeneity Analysis.

Abstract

The purpose of this study is to investigate the impact of digital economy on green innovation of manufacturing enterprises, this paper takes China's A-share listed companies as a sample, and adopts entropy method to measure the digital economy, which is measured by taking the logarithm of the total number of green patent applications of manufacturing enterprises. The fixed effect model is utilized for testing. The results show that the digital economy can enhance the green innovation ability of manufacturing enterprises. In addition, the digital economy has a more significant impact on the green innovation of manufacturing enterprises in the eastern region of China, while the impact on the central and western regions is relatively small. This finding highlights the important role of digital economy in promoting green innovation of manufacturing enterprises. For manufacturing enterprises, actively exploring the development path of digital economy and strengthening the application of digital technology can help to enhance green innovation capability and sustainable development. At the same time, the government and relevant stakeholders should also increase support for the development of the digital economy and promote the integration of digital technology and green development, in order to promote the green transformation and sustainable development of the manufacturing industry.

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