Digital transformation and green technology innovation in Chinese semiconductor industry: A fixed effects regression analysis considering media coverage, ownership type, compensation incentives, managerial myopia

IF 9.8 1区 工程技术 Q1 ENGINEERING, INDUSTRIAL
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Abstract

Green technology innovation (GTI) emerges as a critical pathway for reducing energy consumption, is crucial for semiconductor industry to address the issue of high energy consumption. Digital transformation (DT) offers opportunities to enhance GTI. There are mixed results of the relationships between DT and GTI, however, empirical studies focusing on the semiconductor industry are scant. Based on the practice-based view framework and the characteristics of Chinese semiconductor industry, we investigate how DT affects GTI. Utilizing data from 191 Chinese semiconductor firms during 2014–2022, we draw empirical evidence that DT has positive effects on GTI and the positive effects are more pronounced in non-state-owned enterprises than in state-owned enterprises. Interestingly, media coverage and executive compensation incentives weaken the positive effects. These findings advance the literatures of GTI and practice-based view and offer valuable managerial implications to enhancing GTI of Chinese semiconductor firms.

中国半导体行业的数字化转型与绿色技术创新:考虑媒体报道、所有权类型、薪酬激励和管理近视的固定效应回归分析
绿色技术创新(GTI)是降低能耗的重要途径,对于半导体行业解决高能耗问题至关重要。数字化转型(DT)为加强 GTI 提供了机遇。关于 DT 与 GTI 之间关系的研究结果不一,但以半导体行业为重点的实证研究却很少。基于基于实践的观点框架和中国半导体行业的特点,我们研究了 DT 如何影响 GTI。利用 191 家中国半导体企业在 2014-2022 年间的数据,我们得出了 DT 对 GTI 有积极影响的经验证据,而且非国有企业的积极影响比国有企业更明显。有趣的是,媒体报道和高管薪酬激励削弱了正效应。这些发现推动了GTI和基于实践的观点的研究,并为提高中国半导体企业的GTI提供了有价值的管理启示。
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来源期刊
International Journal of Production Economics
International Journal of Production Economics 管理科学-工程:工业
CiteScore
21.40
自引率
7.50%
发文量
266
审稿时长
52 days
期刊介绍: The International Journal of Production Economics focuses on the interface between engineering and management. It covers all aspects of manufacturing and process industries, as well as production in general. The journal is interdisciplinary, considering activities throughout the product life cycle and material flow cycle. It aims to disseminate knowledge for improving industrial practice and strengthening the theoretical base for decision making. The journal serves as a forum for exchanging ideas and presenting new developments in theory and application, combining academic standards with practical value for industrial applications.
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