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Digital Economy, Environmental Regulation and Corporate Green Technology Innovation: Evidence from China

Author

Listed:
  • Chenggang Wang

    (School of Economics and Business Administration, Heilongjiang University, Harbin 150080, China)

  • Tiansen Liu

    (School of Economics and Management, Harbin Engineering University, Harbin 150001, China)

  • Yue Zhu

    (School of Economics and Business Administration, Heilongjiang University, Harbin 150080, China)

  • Meng Lin

    (School of Economics and Business Administration, Heilongjiang University, Harbin 150080, China)

  • Wenhao Chang

    (School of Management, University of St Andrews, St Andrews KY16 9XW, UK)

  • Xinyu Wang

    (Social Science Department, Heilongjiang University, Harbin 150080, China)

  • Dongrong Li

    (School of Economics and Business Administration, Heilongjiang University, Harbin 150080, China)

  • He Wang

    (School of Economics and Business Administration, Heilongjiang University, Harbin 150080, China)

  • Jinsol Yoo

    (School of Economics and Business Administration, Heilongjiang University, Harbin 150080, China)

Abstract

Background: As human beings enter the digital age, the impact of the digital economy on environmental regulation and corporate green technology innovation (CGTI) is expanding. In order to effectively strengthen the efficacy of environmental regulation and improve the green technology innovation ability of corporate, this paper conducts in-depth research on the influence process of the digital economy and environmental regulation on the CGTI. Methods: Based on the mediating variable environmental regulation, this paper explores the influence process of the digital economy on CGTI. Combined with empirical analysis methods such as the fixed-effect model, mediating effect model, spatial model and regression analysis, the authors reveal the influence process of the digital economy on CGTI. Results: The digital economy can directly promote the improvement of the green technology innovation level of CGTI. The digital economy can indirectly affect the CGTI through the mediating variable of environmental regulation, marginal effect and spatial spillover effect. Conclusions: The digital economy and CGTI had a significant spatial correlation among different regions in China. In different regions of China, there are significant differences in the relationship between the digital economy, environmental regulation and CGTI.

Suggested Citation

  • Chenggang Wang & Tiansen Liu & Yue Zhu & Meng Lin & Wenhao Chang & Xinyu Wang & Dongrong Li & He Wang & Jinsol Yoo, 2022. "Digital Economy, Environmental Regulation and Corporate Green Technology Innovation: Evidence from China," IJERPH, MDPI, vol. 19(21), pages 1-18, October.
    • Handle: RePEc:gam:jijerp:v:19:y:2022:i:21:p:14084-:d:956663
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    References listed on IDEAS

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    Cited by:

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    2. Qiong Wang & Yihan Wei, 2023. "Research on the Influence of Digital Economy on Technological Innovation: Evidence from Manufacturing Enterprises in China," Sustainability, MDPI, vol. 15(6), pages 1-23, March.
    3. Chen, Jie & Huang, Shoujun & Ajaz, Tahseen, 2022. "Natural resources management and technological innovation under EKC framework: A glimmer of hope for sustainable environment in newly industrialized countries," Resources Policy, Elsevier, vol. 79(C).
    4. Xing Zhang & Jian Zhong & Huanfang Wang, 2023. "Does the Development of Digital Economy Affect Environmental Pollution?," Sustainability, MDPI, vol. 15(12), pages 1-18, June.
    5. Shaojun Yan & Yiyang Xi & Zhaoxiang Wu, 2024. "Enterprise Digital Transformation and Compliance in Cross-Regional Development: A Dynamic Capabilities Perspective," Sustainability, MDPI, vol. 16(2), pages 1-54, January.
    6. Xiaodan Gao & Jinbao Li, 2024. "China’s Digital Economy: A Dual Mission of Carbon-Emission Reduction and Efficiency Enhancement," Sustainability, MDPI, vol. 16(6), pages 1-21, March.
    7. Mbanyele, William & Muchenje, Linda Tinofirei, 2022. "Climate change exposure, risk management and corporate social responsibility: Cross-country evidence," Journal of Multinational Financial Management, Elsevier, vol. 66(C).
    8. Yihua Zhang & Xinxin Hong & Yuan Wang, 2023. "Study on the Coupled and Coordinated Development and Evolution of Digital Economy and Green Technology Innovation," Sustainability, MDPI, vol. 15(10), pages 1-23, May.
    9. Bei Liu & Yukun Li & Xiaoya Tian & Lipeng Sun & Pishi Xiu, 2023. "Can Digital Economy Development Contribute to the Low-Carbon Transition? Evidence from the City Level in China," IJERPH, MDPI, vol. 20(3), pages 1-19, February.
    10. Xingshuai Wang & Ehsan Elahi & Zainab Khalid, 2022. "Do Green Finance Policies Foster Environmental, Social, and Governance Performance of Corporate?," IJERPH, MDPI, vol. 19(22), pages 1-15, November.

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