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Title Influences of the ongoing digital transformation of the Chinese Economy on innovation of sustainable green technologies
ID_Doc 23830
Authors Chen, XH; Zhou, P; Hu, DB
Title Influences of the ongoing digital transformation of the Chinese Economy on innovation of sustainable green technologies
Year 2023
Published
DOI 10.1016/j.scitotenv.2023.162708
Abstract Green technology innovation (GI) is a key factor in reconciling environmental protection with sustainable economic development. Routinely, GI in private companies have been delayed due to suspicious of pitfalls investments, which result in low return rates. Nevertheless, the digital transformation of Nations' Economies (DE) might be sustainably sound in terms of natural resources demands and environmental pollution. Energy Conservation and Environmental Protection Enterprises (ECEPEs) database was analyzed from 2011 to 2019 at the municipality level to measure the effect and influence of DE on GI in Chinese ECEPEs. The results suggest that DE has a significant positive influence on GI of ECEPEs. Moreover, the influencing mechanism statistical tests reveal that DE can promote GI of ECEPEs by improving internal controls and financing opportunities. Heterogeneous statistical analysis, however, indicates that the promotion of DE on GI might be constrained over the country. In general, DE can promote both high-and low -quality GI but preferably the latter.
Author Keywords Circular economy; Digital transformation; Green technology; Innovation; Sustainability
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:000952010200001
WoS Category Environmental Sciences
Research Area Environmental Sciences & Ecology
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