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Digital Transformation, R&D Investment and Green Innovation
- 1 Liao Ning University
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Abstract
Amidst the current wave of scientific and technological advancements and industrial evolution, digital transformation has become a pivotal strategy for sustainable development and maintaining a competitive edge. As a forward-looking and sustainable development paradigm, green innovation increasingly highlights its key role in helping enterprises to reduce environmental pollution, maximize the efficacy of resource deployment and management, and achieve the win-win goals of economy and environmental protection. This research scrutinizes the impact and implications of digital transformation on green innovation by analyzing data selected from A-share listed firms from 2010 to 2023. Concurrently, the intermediary function of R&D expenditure is explored. The outcomes reveal that digital transformation exerts a markedly beneficial consequences on corporate green innovation, and this impact is partially channeled through its influence on R&D investment. Furthermore, the catalytic effect of digital transformation on green innovation is more pronounced in publicly-held corporate entities & government-operated institutions, non-polluting industries, and high-technology sectors.
Keywords
digital transformation, green innovation, R&D investment
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Cite this article
Fu,J. (2025). Digital Transformation, R&D Investment and Green Innovation. Advances in Economics, Management and Political Sciences,173,62-70.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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Volume title: Proceedings of the 4th International Conference on Business and Policy Studies
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