RETRACTED ARTICLE: Harnessing digital transformation for green innovation in energy transition: a study on R&D investments and spatial spillover in China
Yang Liu,
Jing Cheng () and
Jingjing Dai
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Yang Liu: Kunming University
Jing Cheng: Yunnan Agricultural University
Jingjing Dai: Kunming University
Economic Change and Restructuring, 2024, vol. 57, issue 1, No 13, 30 pages
Abstract:
Abstract This study investigates the impact of digital transformation on green innovation in China’s manufacturing sector—a leading energy-consuming industry, using panel data and employing a two-way fixed-effects model alongside a spatial Durbin model. The findings reveal a significant positive relationship between digitalization and green innovation in energy transition, most notably in eastern China and regions with advanced digital infrastructure. This relationship is further characterized by increased R&D investment, driven by the efficient allocation of digital resources. A key discovery is the presence of significant spatial spillovers, indicating that digital advancements in one region positively influence green innovation in neighboring areas. These insights underscore the importance of region-specific development strategies and research incentives to harness digital transformation as a catalyst for green technology innovation. This analysis provides a deeper understanding of the regional interconnections between digitalization and innovation, offering valuable policy guidance for sustainable development.
Keywords: Green innovation; Green manufacturing; Green spatial spillover effects; R&D investment; Digital transformation (search for similar items in EconPapers)
JEL-codes: A10 C23 L60 O32 Q55 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s10644-024-09610-3
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