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Internet development, information availability, and Chinese enterprises' cooperative green technology innovation
1School of Management, Harbin Institute of Technology, Harbin, 150001, China.
Journal of Environmental Management
|July 30, 2024
Summary
Internet development significantly boosts cooperative green innovation among firms by enhancing information access. This digital advancement aids businesses, particularly state-owned enterprises in central cities, in achieving high-quality sustainable development.
Area of Science:
- Environmental Science
- Business Management
- Information Technology
Background:
- Independent green innovation faces motivational challenges for enterprises.
- Internet development presents new avenues for fostering enterprise innovation cooperation.
- Limited research exists on the impact of Internet development on cooperative green technology innovation.
Purpose of the Study:
- To assess the effect of Internet development on cooperative green technology innovation.
- To explore the mechanisms through which the Internet influences green innovation cooperation.
- To identify factors moderating the relationship between Internet development and collaborative green innovation.
Main Methods:
- Utilized panel data from 3284 Chinese A-share listed companies spanning 2010-2019.
- Employed a panel two-way fixed effects model for empirical analysis.
- Conducted robustness tests to validate the findings.
Main Results:
- Internet development significantly promotes collaborative green innovation behavior.
- The Internet enhances green innovation cooperation by improving market and technical information availability.
- Internet development shows a stronger positive effect on cooperative green innovation for enterprises in central cities and state-owned enterprises.
Conclusions:
- Internet development is a key driver for cooperative green technology innovation.
- Improved information availability via the Internet facilitates inter-firm green innovation.
- Targeted policies leveraging Internet development can foster sustainable economic growth through enhanced enterprise cooperation.
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