Internationalisation and digitalisation as drivers for eco-innovation in the European Union

IF 5 2区经济学 Q1 ECONOMICS

Structural Change and Economic Dynamics Pub Date : 2024-02-20 DOI:10.1016/j.strueco.2024.02.010

Madalena Vasconcelos-Garcia , Inês Carrilho-Nunes

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Abstract

This article analyses the influence of internationalisation and digitalisation on eco-innovation. Advanced panel data estimation techniques are employed using data from the 27 EU Member States between 2013 and 2022. The dynamic behaviour of internationalisation, more specifically Foreign Direct Investment (FDI), is tested, accounting for the endogeneity between innovation and international economic competition. Results reveal that the relationship between eco-innovation and FDI changes over time. At first, FDI has a negative impact on eco-innovation, but this effect becomes positive after two years. However, when analysing the data for eco-innovation at a disaggregated level, a potential delay in the influence of internationalisation on investments related to green research capabilities and resource efficiency outcomes is revealed. Results also consistently demonstrate a positive influence of digitalisation on eco-innovation, supporting the twin transition proposition of the digital shift complementing the transition towards low-carbon practices. Recommendations for policymakers and managers are provided at the end.

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国际化和数字化是欧盟生态创新的驱动力

本文分析了国际化和数字化对生态创新的影响。文章采用了先进的面板数据估算技术，使用了 2013 年至 2022 年期间 27 个欧盟成员国的数据。在考虑创新与国际经济竞争之间的内生性的基础上，检验了国际化的动态行为，特别是外国直接投资（FDI）。结果显示，生态创新与外国直接投资之间的关系随着时间的推移而变化。起初，外国直接投资对生态创新有负面影响，但两年后这种影响变为正面。然而，在对生态创新数据进行分类分析时，发现国际化对绿色研究能力和资源效率成果相关投资的影响可能会延迟。研究结果还一致表明，数字化对生态创新具有积极影响，支持数字化转型与低碳实践转型相辅相成的双重转型主张。最后还为政策制定者和管理者提出了建议。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Structural Change and Economic Dynamics ECONOMICS-

CiteScore

9.60

自引率

4.90%

发文量

159

期刊介绍： Structural Change and Economic Dynamics publishes articles about theoretical, applied and methodological aspects of structural change in economic systems. The journal publishes work analysing dynamics and structural breaks in economic, technological, behavioural and institutional patterns.