The Impact of Blockchain Technology on Firms' Environmental Innovation: A Technological Push Perspective

IF 13.3 1区管理学 Q1 BUSINESS Business Strategy and The Environment Pub Date : 2025-02-20 DOI:10.1002/bse.4204

Zhongju Liao, Mengnan Zhang, Yangyan Shi

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Abstract

Environmental innovation helps to achieve sustainable utilization of resources and represents an important measure for promoting the coordinated development of human and environment. Adopting the perspective of technological push—based on information asymmetry theory, cognitive orientation theory, and the resource-based view—this study constructs a research model capturing the impact of blockchain technology on firms' environmental innovation. This study uses multiple regression analysis to examine the impact of blockchain technology on firms' environmental innovation. It also observes the mediating effect of proactive orientation and the moderating effect of venture capital. The results show that blockchain technology positively impacts firms' environmental innovation, with proactive orientation playing a mediating role between blockchain technology and environmental innovation and venture capital enhancing the positive effect. By analyzing the mechanism between blockchain technology and environmental innovation, this study provides a new theoretical basis for better applying blockchain technology to environmental innovation at the firm level.

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b区块链技术对企业环境创新的影响：技术推动视角

环境创新是实现资源可持续利用的重要手段，是促进人与环境协调发展的重要举措。采用基于信息不对称理论、认知取向理论和资源基础的技术推动视角，构建了区块链技术对企业环境创新影响的研究模型。本研究采用多元回归分析方法考察区块链技术对企业环境创新的影响。研究还发现了主动导向的中介作用和风险投资的调节作用。结果表明，区块链技术对企业环境创新具有正向影响，其中主动导向在区块链技术与环境创新、风险投资之间起中介作用，增强了正向效应。本研究通过分析区块链技术与环境创新之间的机制，为更好地将区块链技术应用于企业层面的环境创新提供了新的理论依据。

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来源期刊

Business Strategy and The Environment Multiple-

CiteScore

22.50

自引率

19.40%

发文量

336

期刊介绍： Business Strategy and the Environment (BSE) is a leading academic journal focused on business strategies for improving the natural environment. It publishes peer-reviewed research on various topics such as systems and standards, environmental performance, disclosure, eco-innovation, corporate environmental management tools, organizations and management, supply chains, circular economy, governance, green finance, industry sectors, and responses to climate change and other contemporary environmental issues. The journal aims to provide original contributions that enhance the understanding of sustainability in business. Its target audience includes academics, practitioners, business managers, and consultants. However, BSE does not accept papers on corporate social responsibility (CSR), as this topic is covered by its sibling journal Corporate Social Responsibility and Environmental Management. The journal is indexed in several databases and collections such as ABI/INFORM Collection, Agricultural & Environmental Science Database, BIOBASE, Emerald Management Reviews, GeoArchive, Environment Index, GEOBASE, INSPEC, Technology Collection, and Web of Science.