INNOVATION SCIENCE AND TECHNOLOGY
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Enterprise's R&D and Innovation Management
CEO Information Technology Background and Enterprise Green Technology Innovation: Theoretical Mechanism and Empirical Testing
Tang Kai1 , Liu Xiaokang1 , Peng Yunjie2
(1.Business School, Zhengzhou University, Zhengzhou 450001, China; 2.School of Economics, Southwest University of Political Science and Law, Chongqing 401120, China)
Abstract: sustainable development of enterprises Enhancing the level of green technology innovation is an inevitable choice for the . However, green technology innovation. As the main decision maker and manager of the enterprise enterprises face greater risks in the process of , the CEO's information technology background plays a crucial role in the development of green technology for enterprises. CEOs with IT backgrounds are able to foresee future trends, explore the potential for green innovation, formulate long-term green development strategies, and promote green technological innovation. Based on this, this paper utilizes data from China's A-share listed enterprises from 2012 to 2021 to explore the impact and mechanism of the CEO's information technology background on enterprises' green technology innovation. It is found that the CEO's IT background significantly contributes to firms' green technological innovation and fuels it through two mediating effects, improving digital transformation and internal control levels. This finding remains robust when considering issues of robustness and endogeneity. The facilitating effect of the CEO's IT background on corporate green technology innovation is more pronounced in state-owned enterprises, large-scale enterprises, and enterprises with strong industry competition. The conclusion verifies the important role of CEOs with information technology backgrounds in corporate green innovation, enricheing research on the driving forces behind corporate green technological innovation, and offering valuable policy recommendations for advanc ing the green innovation economy. - With regard to the government it should continue to strengthen the implementation of the policy on the introduction of information technology talents and stimulate the subjective initiative of talents with information technology backgrounds to de , - vote themselves to the development of China's green innovation endeavours. As for enterprises, they can actively employ talents with IT backgrounds as their management decision-makers, based on their own development levels, to establish an outstanding talent pool and enhance their green innovation capabilities. This study enriches the research related to the economic consequences of CEO's information technology background and the influencing factors of enterprises' green technological innovation, and provides important insights for promoting enterprises' green technological innovation.
Key words: CEO information technology background; green technology innovation; digital transformation; internal control