Article2024

Blockchain applications: promotion of green innovation

9 citations0/0 files storedManagement Decision

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Environmental Sustainability in Business Blockchain Technology Applications and Security Intellectual Property and Patents

Abstract

Purpose This paper aims to address the gaps in current research by exploring how blockchain technology influences corporate green innovation. Design/methodology/approach This study investigates the potential of blockchain technology to stimulate the green innovation of companies using the difference-in-difference model with a panel data set of 1,803 Chinese listed companies from 2012 to 2019. Findings The application of blockchain significantly increases the number of green invention patents obtained by companies but has no significant impact on green utility model patents, that is, blockchain applications improve the quality rather than the quantity of green innovation. The role of blockchain in promoting green innovation is particularly pronounced in state-owned enterprises, non-heavily polluting industries and older companies. The use of blockchain technology helps reduce sales costs and boosts research and development investments, thereby encouraging green innovation. Additionally, a company’s internal control quality plays a moderating effect. Originality/value Firstly, previous research on blockchain has primarily centered on its relationship with supply chain management. This article empirically tests the impact of blockchain applications on the green innovation of companies using the DID method. Secondly, current studies mainly explore the influencing factors on green invention patents. This article examines the impact of blockchain applications on both green invention patents and green utility model patents and identifies distinct influencing effects. Finally, this article introduces the internal control mechanism of enterprises into the DID model and explores the potential impact of the quality of internal control on the relationship between blockchain and green innovation.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 9 citations exist upstream.

References

2021Demand for green finance: Resolving financing constraints on green innovation in China 2015Corporate governance and green innovation 2021Heterogeneous green innovations and carbon emission performance: Evidence at China's city level 2022Digitalization and sustainable development: How could digital economy development improve green innovation in China?2021Blockchain technology for bridging trust, traceability and transparency in circular supply chain 2022Influence mechanism between green finance and green innovation: Exploring regional policy intervention effects in China 2021Can the green credit policy stimulate green innovation in heavily polluting enterprises? Evidence from a quasi-natural experiment in China 2019Green innovation and firm performance: Evidence from listed companies in China

Cited by

2025Towards a greener future: The role of blockchain legislation in promoting corporate green innovation

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.