Digital technology administrative penalties and green technology innovation: Evidence from China
In digital economy era, digital technology is a key force to promote green technological innovation (GTI). Digital technology administrative penalties (DTAP) are an important means to regulate the development of digital technology enterprises, but its ability to effectively guide digital technology...
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Elsevier
2025-01-01
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author | Hong Li Xiaohui Chen |
author_facet | Hong Li Xiaohui Chen |
author_sort | Hong Li |
collection | DOAJ |
description | In digital economy era, digital technology is a key force to promote green technological innovation (GTI). Digital technology administrative penalties (DTAP) are an important means to regulate the development of digital technology enterprises, but its ability to effectively guide digital technology enterprises to better serve GTI remains to be further examined. DTAP sends signals to physical enterprises, financial enterprises, and individuals, thereby affecting the allocation of resources, such as technology, talent, and funds. Green technology innovation requires support from these resources, raising the question of how DTAP may affect GTI. This study proposes hypotheses based on signal theory and uses urban data from China from 2008 to 2020 to empirically test the impact of DTAP on GTI. The research findings indicate that DTAP is conducive to improving regional GTI, and DTAP facilitates GTI by fostering digital industrialization and financial technology development. The heterogeneity analysis reveals that the DTAP has a stronger promotion effect on the GTI in municipalities and low-carbon pilot cities. Our research is meaningful and can serve as a reference for other developing countries to standardize administrative supervision of the digital economy and promote the green economic transformation. |
format | Article |
id | doaj-art-a84511b2e3ee4dc9bc6ce8b5c56b4c1a |
institution | Kabale University |
issn | 2405-8440 |
language | English |
publishDate | 2025-01-01 |
publisher | Elsevier |
record_format | Article |
series | Heliyon |
spelling | doaj-art-a84511b2e3ee4dc9bc6ce8b5c56b4c1a2025-01-17T04:50:21ZengElsevierHeliyon2405-84402025-01-01111e41159Digital technology administrative penalties and green technology innovation: Evidence from ChinaHong Li0Xiaohui Chen1School of Economics, Southwestern University of Finance and Economics, Chengdu, 611100, ChinaFaculty of Economics and Business Administration, Yibin University, Yibin, 644000, China; Corresponding author.In digital economy era, digital technology is a key force to promote green technological innovation (GTI). Digital technology administrative penalties (DTAP) are an important means to regulate the development of digital technology enterprises, but its ability to effectively guide digital technology enterprises to better serve GTI remains to be further examined. DTAP sends signals to physical enterprises, financial enterprises, and individuals, thereby affecting the allocation of resources, such as technology, talent, and funds. Green technology innovation requires support from these resources, raising the question of how DTAP may affect GTI. This study proposes hypotheses based on signal theory and uses urban data from China from 2008 to 2020 to empirically test the impact of DTAP on GTI. The research findings indicate that DTAP is conducive to improving regional GTI, and DTAP facilitates GTI by fostering digital industrialization and financial technology development. The heterogeneity analysis reveals that the DTAP has a stronger promotion effect on the GTI in municipalities and low-carbon pilot cities. Our research is meaningful and can serve as a reference for other developing countries to standardize administrative supervision of the digital economy and promote the green economic transformation.http://www.sciencedirect.com/science/article/pii/S2405844024171903Digital technology administrative penalties (DTAP)Green technology innovation (GTI)Digital industrializationFinancial technologySignal theory |
spellingShingle | Hong Li Xiaohui Chen Digital technology administrative penalties and green technology innovation: Evidence from China Heliyon Digital technology administrative penalties (DTAP) Green technology innovation (GTI) Digital industrialization Financial technology Signal theory |
title | Digital technology administrative penalties and green technology innovation: Evidence from China |
title_full | Digital technology administrative penalties and green technology innovation: Evidence from China |
title_fullStr | Digital technology administrative penalties and green technology innovation: Evidence from China |
title_full_unstemmed | Digital technology administrative penalties and green technology innovation: Evidence from China |
title_short | Digital technology administrative penalties and green technology innovation: Evidence from China |
title_sort | digital technology administrative penalties and green technology innovation evidence from china |
topic | Digital technology administrative penalties (DTAP) Green technology innovation (GTI) Digital industrialization Financial technology Signal theory |
url | http://www.sciencedirect.com/science/article/pii/S2405844024171903 |
work_keys_str_mv | AT hongli digitaltechnologyadministrativepenaltiesandgreentechnologyinnovationevidencefromchina AT xiaohuichen digitaltechnologyadministrativepenaltiesandgreentechnologyinnovationevidencefromchina |