The National Independent Innovation Demonstration Zone has been assigned the unique mission of demonstrating and leading national innovation and playing a key supportive role in enhancing green innovation.Based on the...The National Independent Innovation Demonstration Zone has been assigned the unique mission of demonstrating and leading national innovation and playing a key supportive role in enhancing green innovation.Based on the sample data of A-share listed companies in China from 2007 to 2021,we apply a multi-period difference-in-differences model to analyze whether the implementation of the National Independent Innovation Demonstration Zone policies plays a leverage effect or a crowd out effect on the green innovation efficiency of enterprises and systematically test the regulatory mechanism of government grants and media attention in the process of this influence.The empirical results show that the imple-mentation of the National Independent Innovation Demonstration Zone policies has a positive impact on the green innovation efficiency of enterprises and that the green innovation induced by this reform is not the leverage effect of additional R&D investment on the basis of the existing innovation activities of enterprises but rather the result of the reallocation of resources to crowd out existing non-green innovation.It is further found that government grants and media attention positively moderate the positive driving effect of National Independent Innovation Demonstration Zone policies on the green innovation efficiency of enterprises.展开更多
In the era of green logistics,digital transformation has become an effective means for the logistics industry’s high-quality development.Using listed companies in China’s logistics industry from 2010 to 2021 as the ...In the era of green logistics,digital transformation has become an effective means for the logistics industry’s high-quality development.Using listed companies in China’s logistics industry from 2010 to 2021 as the research samples,this paper conducts an empirical test on the impact of the digital transformation of logistics enterprises on their green in-novation.Specifically,enterprise digital transformation indicators are constructed through the text analysis method,and the fixed-effects model is applied for analysis.The results indicate that the digital transformation of logistics enterprises has a significant promoting effect on their green innovation;the promoting effect of the digital transformation of logistics enterprises on green innovation is primarily achieved by easing corporate financing constraints and reducing corporate en-vironmental uncertainty;and the impact of digital transformation on green innovation is geographically heterogeneous.展开更多
基金supported by the National Natural Science Foundation of China(72474034)the Young Elite Scientists Sponsorship Program by SAST(20240123)+1 种基金Humanities and Social Science Fund of Ministry of Education of China(21YJC630037,21YJC630057)Social Science Foundation of Xi’an(25JX218).
文摘The National Independent Innovation Demonstration Zone has been assigned the unique mission of demonstrating and leading national innovation and playing a key supportive role in enhancing green innovation.Based on the sample data of A-share listed companies in China from 2007 to 2021,we apply a multi-period difference-in-differences model to analyze whether the implementation of the National Independent Innovation Demonstration Zone policies plays a leverage effect or a crowd out effect on the green innovation efficiency of enterprises and systematically test the regulatory mechanism of government grants and media attention in the process of this influence.The empirical results show that the imple-mentation of the National Independent Innovation Demonstration Zone policies has a positive impact on the green innovation efficiency of enterprises and that the green innovation induced by this reform is not the leverage effect of additional R&D investment on the basis of the existing innovation activities of enterprises but rather the result of the reallocation of resources to crowd out existing non-green innovation.It is further found that government grants and media attention positively moderate the positive driving effect of National Independent Innovation Demonstration Zone policies on the green innovation efficiency of enterprises.
基金supported by the National Natural Science Foundation of China(72374061,72204243)the Ministry of Education’s Humanities and Social Science Research Youth Fund Project(20YJC630138,22YJC630056)+1 种基金Anhui Provincial Natural Science Foundation(2208085UD02)New Liberal Arts Fund Expansion Project of University of Science and Technology of China(FSSF-A-230317).
文摘In the era of green logistics,digital transformation has become an effective means for the logistics industry’s high-quality development.Using listed companies in China’s logistics industry from 2010 to 2021 as the research samples,this paper conducts an empirical test on the impact of the digital transformation of logistics enterprises on their green in-novation.Specifically,enterprise digital transformation indicators are constructed through the text analysis method,and the fixed-effects model is applied for analysis.The results indicate that the digital transformation of logistics enterprises has a significant promoting effect on their green innovation;the promoting effect of the digital transformation of logistics enterprises on green innovation is primarily achieved by easing corporate financing constraints and reducing corporate en-vironmental uncertainty;and the impact of digital transformation on green innovation is geographically heterogeneous.
