Understanding the Behavior of High-Tech and Non-High-Tech Firms on Environmental Sustainability: New Evidence From the United States

IF 8.3 2区 管理学 Q1 BUSINESS
Ismail Demirdag, Mehmet Ulug, Salih Bortecine Avci, Abdullah Emre Caglar
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Abstract

Achieving environmental goals requires transformative change that supports the development of high-tech industries for the deployment and diffusion of existing technologies. As technology evolves continuously, businesses in the high-tech industry play a crucial role in this transition by introducing new technologies and practices that impact both the broader economy and environmental sustainability. Using the environmental sustainability metric, this paper examines the environmental impact of high-tech and non-high-tech industry firms in the United States. Employing the Fourier Augmented ARDL approach, it explores the effects of high-tech and non-high-tech industry firms, economic growth, low-carbon energy, and urbanization on environmental sustainability in the United States from 1978 to 2022. The empirical results reveal that high-tech industry firms are not yet widespread enough to improve environmental sustainability significantly in the United States. In contrast, non-high-tech industry firms show significant and harmful effects on environmental sustainability. Furthermore, low-carbon energy use and urbanization support environmental sustainability. Overall, the findings of this study suggest the urgent need to develop high-tech industries in the United States, a major economy, to drive transformative change through new technological innovations and practices while divesting from harmful existing technologies and activities.

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理解高科技和非高科技企业对环境可持续性的行为:来自美国的新证据
实现环境目标需要变革性的变革,以支持高科技产业的发展,以部署和推广现有技术。随着技术的不断发展,高科技行业的企业通过引入影响更广泛经济和环境可持续性的新技术和实践,在这一转变中发挥着至关重要的作用。本文采用环境可持续性度量,考察了美国高科技和非高科技产业企业的环境影响。采用傅里叶增强ARDL方法,探讨了1978年至2022年美国高科技和非高科技产业企业、经济增长、低碳能源和城市化对环境可持续性的影响。实证结果表明,高科技产业企业在美国的普及程度还不足以显著提高环境可持续性。相反,非高科技产业企业对环境可持续性的影响显著且有害。此外,低碳能源的使用和城市化有利于环境的可持续性。总体而言,本研究的结果表明,美国作为一个主要经济体,迫切需要发展高科技产业,通过新的技术创新和实践来推动变革,同时剥离有害的现有技术和活动。
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来源期刊
CiteScore
17.20
自引率
16.30%
发文量
189
期刊介绍: Corporate Social Responsibility and Environmental Management is a journal that publishes both theoretical and practical contributions related to the social and environmental responsibilities of businesses in the context of sustainable development. It covers a wide range of topics, including tools and practices associated with these responsibilities, case studies, and cross-country surveys of best practices. The journal aims to help organizations improve their performance and accountability in these areas. The main focus of the journal is on research and practical advice for the development and assessment of social responsibility and environmental tools. It also features practical case studies and evaluates the strengths and weaknesses of different approaches to sustainability. The journal encourages the discussion and debate of sustainability issues and closely monitors the demands of various stakeholder groups. Corporate Social Responsibility and Environmental Management is a refereed journal, meaning that all contributions undergo a rigorous review process. It seeks high-quality contributions that appeal to a diverse audience from various disciplines.
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