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Internet development, information availability, and Chinese enterprises’ cooperative green technology innovation
Ist Teil von
Journal of environmental management, 2024-09, Vol.367, p.121972, Article 121972
Ort / Verlag
England: Elsevier Ltd
Erscheinungsjahr
2024
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
Cooperative green technology innovation is potentially the answer to the lack of motivation for independent green innovation, which can effectively alleviate many difficulties faced by enterprises engaging in independent green innovation. Internet development provides new opportunities to stimulate innovative cooperation of enterprises. However, little literature has studied the impact of Internet development on enterprises' cooperative green technology innovation. Based on the data of Chinese A-share 3284 listed companies from 2010 to 2019, this paper uses a panel two-way fixed effects model to assess the effect of Internet development on enterprises' cooperative green innovation. The findings are: (1) Internet development significantly drives firms' collaborative green innovation behavior. The result remains robust even after performing a series of robust tests. (2) The Internet empowers green innovation cooperation among firms by improving information availability, including market information availability and technical information availability. (3) The heterogeneous results show enterprises use the Internet to accomplish high-quality collaborative green innovation. Internet development is more helpful in encouraging the cooperative green innovation of enterprises located in central cities and state-owned enterprises. This study provides novel and targeted policy implications to empower enterprises’ green innovation cooperation and drive sustainable economic development through Internet development.
[Display omitted]
•This paper uncovers the role of Internet development on firms' cooperative green technology innovation.•Internet development significantly drives collaborative green innovation behavior of firms.•Market information availability and technological information availability are influencing mechanisms.•Some constructive policy recommendations are proposed for promoting cooperative green technology innovation.