IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i14p10958-d1192828.html
   My bibliography  Save this article

Do Intelligent Manufacturing Concerns Promote Corporate Sustainability? Based on the Perspective of Green Innovation

Author

Listed:
  • Tao Feng

    (School of Marxism, Xi’an Jiaotong University, Xi’an 710049, China
    School of Marxism, Xi’an Polytechnic University, Xi’an 710048, China)

Abstract

Using A-share listed companies in China’s all manufacturing industry (including 30 categories of manufacturing industries such as automobile manufacturing, pharmaceutical manufacturing, textiles and more) from 2010 to 2021 as a research sample, this study empirically examines the impact of intelligent manufacturing concerns on corporate sustainability based on textual analysis, and examines the impact mechanism and the moderating role of the business environment. This study found that: intelligent manufacturing concerns are significantly and positively related to corporate sustainability, i.e., corporate focus on intelligent manufacturing concerns will promote corporate sustainability; corporate focus on intelligent manufacturing concerns can promote corporate sustainability by influencing green innovation; and the business environment positively moderates the impact of intelligent manufacturing concerns on corporate sustainability. Further analysis found that ownership heterogeneity, regional heterogeneity and scale heterogeneity play a moderating role between intelligent manufacturing concerns and corporate sustainability, with intelligent manufacturing concerns contributing more to corporate sustainability in large, non-state listed companies and in the eastern and coastal regions.

Suggested Citation

  • Tao Feng, 2023. "Do Intelligent Manufacturing Concerns Promote Corporate Sustainability? Based on the Perspective of Green Innovation," Sustainability, MDPI, vol. 15(14), pages 1-21, July.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:14:p:10958-:d:1192828
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/14/10958/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/14/10958/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Die Hu & Lu Qiu & Maoyan She & Yu Wang, 2021. "Sustaining the sustainable development: How do firms turn government green subsidies into financial performance through green innovation?," Business Strategy and the Environment, Wiley Blackwell, vol. 30(5), pages 2271-2292, July.
    2. Thomas Niebel & Fabienne Rasel & Steffen Viete, 2019. "BIG data – BIG gains? Understanding the link between big data analytics and innovation," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 28(3), pages 296-316, April.
    3. Mauro Romanelli, 2018. "Towards Sustainable Ecosystems," Systems Research and Behavioral Science, Wiley Blackwell, vol. 35(4), pages 417-426, July.
    4. Singh, Sanjay Kumar & Giudice, Manlio Del & Chierici, Roberto & Graziano, Domenico, 2020. "Green innovation and environmental performance: The role of green transformational leadership and green human resource management," Technological Forecasting and Social Change, Elsevier, vol. 150(C).
    5. T. Ravichandran & Shu Han & Sunil Mithas, 2017. "Mitigating Diminishing Returns to R&D: The Role of Information Technology in Innovation," Information Systems Research, INFORMS, vol. 28(4), pages 812-827, December.
    6. Landon Kleis & Paul Chwelos & Ronald V. Ramirez & Iain Cockburn, 2012. "Information Technology and Intangible Output: The Impact of IT Investment on Innovation Productivity," Information Systems Research, INFORMS, vol. 23(1), pages 42-59, March.
    7. Klarin Tomislav, 2018. "The Concept of Sustainable Development: From its Beginning to the Contemporary Issues," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 21(1), pages 67-94, May.
    8. Andrew Kusiak, 2017. "Smart manufacturing must embrace big data," Nature, Nature, vol. 544(7648), pages 23-25, April.
    9. Jaime Gómez & Idana Salazar & Pilar Vargas, 2017. "Does Information Technology Improve Open Innovation Performance? An Examination of Manufacturers in Spain," Information Systems Research, INFORMS, vol. 28(3), pages 661-675, September.
    10. Hervas-Oliver, Jose-Luis & Sempere-Ripoll, Francisca, 2015. "Disentangling the influence of technological process and product innovations," Journal of Business Research, Elsevier, vol. 68(1), pages 109-118.
    11. Prajogo, Daniel I., 2016. "The strategic fit between innovation strategies and business environment in delivering business performance," International Journal of Production Economics, Elsevier, vol. 171(P2), pages 241-249.
    12. Zhiyuan Dong & Zenglian Zhang, 2022. "Does the Business Environment Improve the Sustainable Development of Enterprises?," Sustainability, MDPI, vol. 14(20), pages 1-20, October.
    13. Manolis Manioudis & Giorgos Meramveliotakis, 2022. "Broad strokes towards a grand theory in the analysis of sustainable development: a return to the classical political economy," New Political Economy, Taylor & Francis Journals, vol. 27(5), pages 866-878, September.
    14. Yang, Haochang & Li, Lianshui & Liu, Yaobin, 2022. "The effect of manufacturing intelligence on green innovation performance in China," Technological Forecasting and Social Change, Elsevier, vol. 178(C).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mukun Yuan & Jian Liu & Zheyuan Chen & Qingda Guo & Mingzhe Yuan & Jian Li & Guangping Yu, 2024. "Predicting Energy Consumption for Hybrid Energy Systems toward Sustainable Manufacturing: A Physics-Informed Approach Using Pi-MMoE," Sustainability, MDPI, vol. 16(17), pages 1-27, August.
    2. Jin, Minghui & Chen, Yang, 2024. "Has green innovation been improved by intelligent manufacturing?—Evidence from listed Chinese manufacturing enterprises," Technological Forecasting and Social Change, Elsevier, vol. 205(C).
    3. Liang Ma & Weiqiang Hu & Ru Liang, 2024. "The Impact of the Industrial Internet on the Innovation and Development Level of China’s Manufacturing Industry: Under the Perspective of Government Incentives," Sustainability, MDPI, vol. 16(10), pages 1-25, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Genghua Tang & Hongxun Mai, 2022. "How Does Manufacturing Intelligentization Influence Innovation in China from a Nonlinear Perspective and Economic Servitization Background?," Sustainability, MDPI, vol. 14(21), pages 1-16, October.
    2. Xingguang Guo & Xi Chen, 2023. "The Impact of Digital Transformation on Manufacturing-Enterprise Innovation: Empirical Evidence from China," Sustainability, MDPI, vol. 15(4), pages 1-19, February.
    3. Wang, Chong & Wang, Lei, 2024. "Does broadband infrastructure promote urban innovation? Evidence from “Broadband China” demonstration policy," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 349-362.
    4. Forman, Chris & van Zeebroeck, Nicolas, 2019. "Digital technology adoption and knowledge flows within firms: Can the Internet overcome geographic and technological distance?," Research Policy, Elsevier, vol. 48(8), pages 1-1.
    5. Ginevra Malta & Fulvio Plescia & Stefania Zerbo & Maria Gabriella Verso & Serena Matera & Alenka Skerjanc & Emanuele Cannizzaro, 2024. "Work and Environmental Factors on Job Burnout: A Cross-Sectional Study for Sustainable Work," Sustainability, MDPI, vol. 16(8), pages 1-12, April.
    6. Yan Han & Cheng Pan & Fengjun Jin, 2023. "Does the Improvement of the Business Environment Improve the Innovation Efficiency of Enterprises? Evidence from the Listed Companies in China," Sustainability, MDPI, vol. 15(14), pages 1-25, July.
    7. Rui Li & Xin Chen, 2022. "Reverse Logistics Network Design under Disruption Risk for Third-Party Logistics Providers," Sustainability, MDPI, vol. 14(22), pages 1-24, November.
    8. Khodran Alzahrani & Mubashar Ali & Muhammad Imran Azeem & Bader Alhafi Alotaibi, 2023. "Efficacy of Public Extension and Advisory Services for Sustainable Rice Production," Agriculture, MDPI, vol. 13(5), pages 1-17, May.
    9. Kai Xu, 2023. "Challenges, Opportunities and Future Paths: Environmental Governance of Big Data Initiatives in China," Sustainability, MDPI, vol. 15(13), pages 1-15, June.
    10. Gantian Zheng & Weiwei Wang & Chang Jiang & Fan Jiang, 2023. "Can Rural Industrial Convergence Improve the Total Factor Productivity of Agricultural Environments: Evidence from China," Sustainability, MDPI, vol. 15(23), pages 1-20, November.
    11. Andrei Coca & Manuela Rozalia Gabor & Irina Olimpia Susanu, 2023. "Do Innovation Metrics Reflect Sustainable Policy Making in Europe? A Comparative Study Case on the Carpathian and Alpine Mountain Regions," Mathematics, MDPI, vol. 11(6), pages 1-31, March.
    12. Biaowen Xu & Xueli Chen, 2024. "Industrial Agglomeration, Land Consolidation, and Agricultural Energy Inefficiency in China: An Analysis Using By-Production Technology and Simultaneous Equations Model," Agriculture, MDPI, vol. 14(11), pages 1-22, October.
    13. Chong Wang & Lei Wang, 2024. "State‐led urbanization and technological innovation: A quasi‐natural experiment from county‐to‐district conversion in China," Growth and Change, Wiley Blackwell, vol. 55(2), June.
    14. Lahcene Makhloufi & László Vasa & Joanna Rosak-Szyrocka & Farouk Djermani, 2023. "Understanding the Impact of Big Data Analytics and Knowledge Management on Green Innovation Practices and Organizational Performance: The Moderating Effect of Government Support," Sustainability, MDPI, vol. 15(11), pages 1-22, May.
    15. Weisheng Mao & Yexi Zhong, 2024. "The Influence of Demand-Based Policy Instruments on Urban Innovation Quality—Evidence from 269 Cities in China," Sustainability, MDPI, vol. 16(7), pages 1-16, March.
    16. Meqbel M. Aliedan & Mansour A. Alyahya & Ibrahim A. Elshaer & Abu Elnasr E. Sobaih, 2023. "Who Is Going Green? Determinants of Green Investment Intention in the Saudi Food Industry," Agriculture, MDPI, vol. 13(5), pages 1-17, May.
    17. Can Li & Qi He & Han Ji & Shengguo Yu & Jiao Wang, 2023. "Reexamining the Impact of Global Value Chain Participation on Regional Economic Growth: New Evidence Based on a Nonlinear Model and Spatial Spillover Effects with Panel Data from Chinese Cities," Sustainability, MDPI, vol. 15(18), pages 1-31, September.
    18. Hanyuan Liang & Guangliang Li & Weikun Zhang & Zhe Chen, 2022. "The Impact of Green Innovation on Enterprise Performance: The Regulatory Role of Government Grants," Sustainability, MDPI, vol. 14(20), pages 1-17, October.
    19. Azam Ghezelbash & Jay Liu & Seyed Hamed Fahimifard & Vahid Khaligh, 2024. "Exploring the Influence of the Digital Economy on Energy, Economic, and Environmental Resilience: A Multinational Study across Varied Carbon Emission Groups," Sustainability, MDPI, vol. 16(7), pages 1-22, April.
    20. Khanna, Rupika & Sharma, Chandan, 2024. "Beyond information technology and productivity paradox: Analysing the channels of impact at the firm-level," Technological Forecasting and Social Change, Elsevier, vol. 203(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:15:y:2023:i:14:p:10958-:d:1192828. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.