| Title | Blockchain applications: promotion of green innovation |
|---|---|
| ID_Doc | 35174 |
| Authors | Fang, X; Jiang, YS |
| Title | Blockchain applications: promotion of green innovation |
| Year | 2024 |
| Published | |
| Abstract | PurposeThis paper aims to address the gaps in current research by exploring how blockchain technology influences corporate green innovation.Design/methodology/approachThis study investigates the potential of blockchain technology to stimulate the green innovation of companies using the difference-in-difference model with a panel data set of 1,803 Chinese listed companies from 2012 to 2019.FindingsThe application of blockchain significantly increases the number of green invention patents obtained by companies but has no significant impact on green utility model patents, that is, blockchain applications improve the quality rather than the quantity of green innovation. The role of blockchain in promoting green innovation is particularly pronounced in state-owned enterprises, non-heavily polluting industries and older companies. The use of blockchain technology helps reduce sales costs and boosts research and development investments, thereby encouraging green innovation. Additionally, a company's internal control quality plays a moderating effect.Originality/valueFirstly, previous research on blockchain has primarily centered on its relationship with supply chain management. This article empirically tests the impact of blockchain applications on the green innovation of companies using the DID method. Secondly, current studies mainly explore the influencing factors on green invention patents. This article examines the impact of blockchain applications on both green invention patents and green utility model patents and identifies distinct influencing effects. Finally, this article introduces the internal control mechanism of enterprises into the DID model and explores the potential impact of the quality of internal control on the relationship between blockchain and green innovation. |
Similar Articles
| ID | Score | Article |
|---|---|---|
35271
|
Wang, XZ; Zhang, RZ; Gong, Z; Chen, X Impact of blockchain on the green innovation performance of enterprises under the policy uncertainty(2023)Industrial Management & Data Systems, 123, 10 | |
| 35275
|
Li, SL; Chen, RX; Li, ZH; Chen, XF Can blockchain help curb "greenwashing" in green finance?- Based on tripartite evolutionary game theory(2024) | |
| 73852
|
Umar, M; Ahmad, A; Sroufe, R; Muhammad, Z The nexus between green intellectual capital, blockchain technology, green manufacturing, and sustainable performance(2024) | |
| 30146
|
Al-Swidi, AK; Al-Hakimi, MA; Alyahya, MS Green innovation for sustainable development: leveraging green knowledge integration, blockchain technology and green supply chain integration(2024)Journal Of Knowledge Management, 28, 6 | |
| 31762
|
Dong, JM; Yu, SC Exploring role of green financing in blockchain markets for climate change mitigation in China(2024)Environmental Science And Pollution Research, 31, 3 | |
| 30142
|
Zeng, Q; Tong, YJ; Yang, YY Can green finance promote green technology innovation in enterprises: empirical evidence from China(2023)Environmental Science And Pollution Research, 30, 37 | |
| 30166
|
Sun, XY; Zhang, AL; Zhu, MZ Impact of Pilot Zones for Green Finance Reform and Innovations on green technology innovations: evidence from Chinese manufacturing corporates(2023)Environmental Science And Pollution Research, 30, 15 | |
| 30083
|
Jiang, SS; Liu, XJ; Liu, ZL; Shi, H; Xu, HD Does green finance promote enterprises' green technology innovation in China?(2022) | |
| 30069
|
Zhang, JJ; Yang, G; Ding, XH; Qin, J Can green bonds empower green technology innovation of enterprises?(2024)Environmental Science And Pollution Research, 31, 7 | |
| 33987
|
Chao, Y; Goli, A Integrating Blockchain Technology in Business Models for Sustainable Innovation(2024)Sustainability, 16, 16 |