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Regional Big Data Application Capability and Firm Green Technology Innovation

Author

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  • Guixiang Cao

    (College of Business Administration, Capital University of Economics and Business, Beijing 100070, China)

  • Xintong Fang

    (School of Accounting, Capital University of Economics and Business, Beijing 100070, China)

  • Ying Chen

    (Business School, University of Sydney, Sydney, NSW 2006, Australia)

  • Jinghuai She

    (College of Business Administration, Capital University of Economics and Business, Beijing 100070, China)

Abstract

This study aims to investigate the impact of regional big data application capability (RBDAC) on the green technology innovation (GTI) of manufacturing firms. Based on the data from Shanghai and Shenzhen A-share listed manufacturing firms in China from 2010 to 2020, the difference-in-differences method is used for the analysis. The results show that RBDAC can significantly improve the GTI in manufacturing firms. Further research shows that government subsidy and analyst coverage have strengthened the positive effect of RBDAC on GTI. Extensive analysis validates the heterogeneity of RBDAC in influencing the GTI based on financial constraints, tax administration strengths, regions, property rights, and top management team. The economic outcome test shows that RBDAC also improves firms’ environmental, social, and governance performance. Our findings contribute to the literature on big data application capability and GTI, as well as provide practical enlightenment for manufacturing firms to engage in digital and green practices.

Suggested Citation

  • Guixiang Cao & Xintong Fang & Ying Chen & Jinghuai She, 2023. "Regional Big Data Application Capability and Firm Green Technology Innovation," Sustainability, MDPI, vol. 15(17), pages 1-29, August.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:17:p:12830-:d:1224439
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    References listed on IDEAS

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    Cited by:

    1. Guixiang Cao & Jinghuai She & Chengzi Cao & Qiuxiang Cao, 2024. "Environmental Protection Tax and Green Innovation: The Mediating Role of Digitalization and ESG," Sustainability, MDPI, vol. 16(2), pages 1-26, January.

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