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In the digital era, digitalization brings great opportunities and challenges for cities' environmental governance and economic growth. However, it is worth noting that the impact of digitalization on cities' green transition has not been studied from the perspective of Metcalfe's Law. This paper uses the principal component method and non-radial directional distance function (NDDF) to calculate the digital development level and the green economic performance of 269 Chinese cities from 2003 to 2019. (1) The empirical findings demonstrate that digitalization has become a strong driver for cities' green economic transformation. (2) Digitalization indirectly promotes green transition through industrial structure optimization and green technological innovation. (3) The heterogeneity results show that the positive effect of digitalization on green development is more obvious in eastern and economically developed cities. (4) Using the partially linear functional-coefficient model (PLFC), this paper studies the non-linear nexus between digitalization and green economic transition from the perspective of Metcalfe's Law. Thus, Metcalfe's law is confirmed in the green transition of Chinese cities. Some policy recommendations are offered for realizing the coordinated development of digitalization and greening of the urban economy. [ABSTRACT FROM AUTHOR]

This paper examines what drives green innovation investment and exploitation with regard to sustainability. The specific focus of this paper is on company valuations of different dimensions of sustainability and their relationships to green innovation. Empirical data were gathered from a cross-section of horse industry companies located in Finland. The scientific value of the paper lies in showing that certain dimensions of sustainability lead to the exploitation of and investment in green innovation, while other dimensions do not. The results of this study's regression analyses show that the more a company values economic, institutional, and social sustainability, the more likely it is to invest in green innovation. Further, a high valuation of institutional and economic sustainability increases the willingness to exploit green innovation. The valuation of environmental sustainability was not found to affect the willingness to invest in or exploit green innovation. Our results suggest that green innovation is driven by economic and institutional pressures, and that such innovation can create value in terms of social sustainability. [ABSTRACT FROM AUTHOR]

The rapid development of digital finance has profoundly changed the pattern of economic and social development, which is of great significance for the realization of the harmonious coexistence between humans and nature and for the promotion of sustainable development. This study measures the state of China's provincial ecological footprint from 2011 to 2019, combines the characteristics of digital financial development, and explores whether such development can promote sustainable development from an ecological footprint perspective. The results show that (1) China's provincial ecological footprint per capita, which was continuously aggravated, increased by an average of 29.15% during the sample period. Digital financial development is shown to be able to effectively suppress the ecological footprint, and an environmental inclusion effect is also observed, which helps achieve a win‒win solution for economic development and ecological conservation while promoting environmental equality. Endogeneity tests and other robustness tests indicate that causality holds. (2) Bridging the digital divide, the improvement of environmental constraints and government digital governance capacity can help amplify the marginal effects of digital finance and mitigate the ecological footprint. (3) Green technological innovation and green finance are critical paths to achieve sustainable development. Digital financial development can facilitate green-biased technological innovation and increase the scale of green credit effectiveness, thereby reducing the ecological footprint. In the future, digital technology should be used to achieve the precise sinking of financial resources, while the government's role in guiding sustainable development should be enhanced, the digital divide should be narrowed, and the role of digital finance in supporting sustainable development should be strengthened. • Using the latest improved methodology, this paper measures the provincial ecological footprint in China. • This paper investigates the impact of digital finance development on the ecological footprint. • Digital finance development can effectively mitigate the ecological footprint and has an environmentally inclusive effect. • The reasons for this are the green bias push of digital finance towards technological innovation and the increase in the scale of green credit effectiveness. [ABSTRACT FROM AUTHOR]

In recent years, green innovation has become an important means of achieving sustainable development, but the impact of peer firms on green innovation is less discussed. To fill this research gap, this paper explores the effect of peer firms on the green innovation activities of the Chinese A-share listed firms in the manufacturing industry from 2011 to 2020 and investigates influencing factors of peer effect. The main findings are as follows. First, there is a peer effect in making green innovation decisions. Second, industry competition has a positive moderating effect on the peer effect of green innovation. Third, digital financial inclusion and government intervention both promote the peer effect of green innovation. The peer effect is more significant with a high degree of digital financial inclusion. But the peer effect has no significant difference between different degrees of government intervention. This paper aims to explore the influencing factors of a firm's green innovation from the perspective of peer effect. The research results can provide a guide for the government to better promote green innovation activities of firms and benign competition in the industry. • A firm's green innovation activities are positively affected by industry peers. • Industry competition has a positive moderating effect on green innovation peer effect. • Digital financial inclusion and government intervention both promote the peer effect. • The peer effect is more significant with a high degree of digital financial inclusion. • The peer effect has no significant difference between different degrees of government intervention. [ABSTRACT FROM AUTHOR]

The rapid development of digital finance has profoundly changed the pattern of economic and social development, which is of great significance for the realization of the harmonious coexistence between humans and nature and for the promotion of sustainable development. This study measures the state of China's provincial ecological footprint from 2011 to 2019, combines the characteristics of digital financial development, and explores whether such development can promote sustainable development from an ecological footprint perspective. The results show that (1) China's provincial ecological footprint per capita, which was continuously aggravated, increased by an average of 29.15% during the sample period. Digital financial development is shown to be able to effectively suppress the ecological footprint, and an environmental inclusion effect is also observed, which helps achieve a win‒win solution for economic development and ecological conservation while promoting environmental equality. Endogeneity tests and other robustness tests indicate that causality holds. (2) Bridging the digital divide, the improvement of environmental constraints and government digital governance capacity can help amplify the marginal effects of digital finance and mitigate the ecological footprint. (3) Green technological innovation and green finance are critical paths to achieve sustainable development. Digital financial development can facilitate green-biased technological innovation and increase the scale of green credit effectiveness, thereby reducing the ecological footprint. In the future, digital technology should be used to achieve the precise sinking of financial resources, while the government's role in guiding sustainable development should be enhanced, the digital divide should be narrowed, and the role of digital finance in supporting sustainable development should be strengthened. • Using the latest improved methodology, this paper measures the provincial ecological footprint in China. • This paper investigates the impact of digital finance development on the ecological footprint. • Digital finance development can effectively mitigate the ecological footprint and has an environmentally inclusive effect. • The reasons for this are the green bias push of digital finance towards technological innovation and the increase in the scale of green credit effectiveness. [ABSTRACT FROM AUTHOR]

In recent years, green innovation has become an important means of achieving sustainable development, but the impact of peer firms on green innovation is less discussed. To fill this research gap, this paper explores the effect of peer firms on the green innovation activities of the Chinese A-share listed firms in the manufacturing industry from 2011 to 2020 and investigates influencing factors of peer effect. The main findings are as follows. First, there is a peer effect in making green innovation decisions. Second, industry competition has a positive moderating effect on the peer effect of green innovation. Third, digital financial inclusion and government intervention both promote the peer effect of green innovation. The peer effect is more significant with a high degree of digital financial inclusion. But the peer effect has no significant difference between different degrees of government intervention. This paper aims to explore the influencing factors of a firm's green innovation from the perspective of peer effect. The research results can provide a guide for the government to better promote green innovation activities of firms and benign competition in the industry. • A firm's green innovation activities are positively affected by industry peers. • Industry competition has a positive moderating effect on green innovation peer effect. • Digital financial inclusion and government intervention both promote the peer effect. • The peer effect is more significant with a high degree of digital financial inclusion. • The peer effect has no significant difference between different degrees of government intervention. [ABSTRACT FROM AUTHOR]

Abstract: This paper makes a distinction between three theoretical frameworks that have been highly influential in the discourse on innovation, competitiveness and sustainability: sectoral systems of innovation (SSI), technological innovation systems (TIS) and socio-technical systems (ST-Systems). These frameworks share a common systems approach to innovation but are often positioned as different bodies of literature that correspond to different epistemic communities. This paper is explorative and conceptual in nature. It presents a systematic comparative review of SSI, TIS and ST-Systems based on the following analytical dimensions: (1) system boundaries, (2) actors and networks, (3) institutions, (4) knowledge, (5) dynamics and (6) policy approach. In the concluding section commonalities and differences, of the three approaches, are presented and suggestions for complimentarily are made. [Copyright &y& Elsevier]

Recently, cleaner production (CP) has attracted more attention from developing countries because of its various advantages. However, due to the lack of management constraints, CP activities often cannot keep efficient for long. To alleviate this problem, we put forward the cleaner production management (CPM) system and applied it in China. Based on our previous research, this paper constructed a comprehensive performance evaluation system to effectively supervise the implementation effect of CPM system. By analysing the flows of material, energy and information, a multi-level index system integrating the CPM requirements and sustainable development needs was established. And the quantification of performance was realized by combining the analytic hierarchy process and grey relational degree operation, which reliability was confirmed by sensitivity analysis. The case study in Chinese steel enterprise showed that after implementing CPM system for three years, the overall performance level increased by about 25%. It has confirmed that the application of CPM mode could obviously promote the sustainable green development of the steel enterprise and provide the directions for carrying out CP plans in the next step, such as strengthening innovation of management system and improving employees' awareness of CP activities. In the context of enterprises seeking sustainable development, CPM system and performance evaluation possess broad application value. [Display omitted] • Quantitative evaluation of a new management system integrating cleaner production. • Case study of the cleaner production management system applied in steel enterprise. • An index system focused on the green sustainable development benefits. • A performance evaluation method combining AHP and grey relational analysis. [ABSTRACT FROM AUTHOR]

This paper provides an in-depth understanding of the mechanisms of green finance on green innovation, focusing on their spatial and non-linear relationships. Using panel data of 30 provinces of China during the period of 2009–2017, a green finance index is constructed, and the spatial Durbin model and panel threshold model are used. The results reveal that: (1) Green finance and green innovation had significant positive autocorrelation, and the development of green finance in provinces of central and western China were still in the lower-level range. (2) The coefficients of the direct effect and indirect effect of green finance on green innovation were significantly positive, which indicated that green finance was conducive to enhancing green innovation in local and adjacent provinces during the research period. (3) Double threshold effects of green finance on green innovation were observed, which demonstrated that the driving effect of green finance was decreased with the raising of intensity of environmental regulation. The implication of these results is that government should make full use of the radiation and trickle-down functions of green finance and green innovation to narrow regional gaps in sustainable development while maintaining a moderate intensity of environmental regulation. • A green finance index of 30 provinces of China during the period of 2009 to 2017 was constructed on the basis of green credit, green securities, green insurance, and green investment. • The heterogeneity of region and time for green finance were analyzed employing the spatial exploratory analysis, which manifested that the spatial evolution of green finance in China presents a gradient decreasing pattern from east to west. • The impact of green finance on green innovation was explored by the spatial Durbin model, which proved that the direct effect and the spatial spillover effect were significantly positive. • Moderate intensity of environmental regulation helps green finance promote green innovation and this value should not exceed a maximum of 0.935. [ABSTRACT FROM AUTHOR]

Abstract: The higher education is experiencing a rapid development in China, with the sharp increase of energy use and the low level of campus facility operation. Meanwhile, with the responsibility for knowledge transformation, sci-tech talents cultivation and technical innovation, universities are of great importance in the development of the sustainable society. The initiative of green campus has attracted great attention from both the society and the universities themselves. Therefore, it is very meaningful to get a full understanding of the current status of green campus development in China, and make the feasibility planning for the next step on this base. In this paper, the progress of green campus development in China is summarized, including all the initiatives to conduct the energy and resource efficient campus, and the current status of upgrading the energy and resource efficient campus to the green campus; the problems occurred during the development are analyzed, and the possible approaches and the action plan are explored accordingly, to promote the green campus development. It is found from the analysis that the development of energy and resource efficient campus has been expanded in a large scale in China, mainly aiming at the energy efficient technology application and campus energy management, and all these initiatives are strongly promoted by the national government with policy support and financial funding. With these great endeavors, an upgrade from the energy and resource efficient campus to the green campus is on progress, which expands its scope to sustainable education and the initiative of low-carbon life on campus. However, many problems also occurred during the progress, such as the lack of a good top-level design among different national ministries and the collaborative innovation among different departments in the university, and the need of a practical propulsion mode and a long-term mechanism to guarantee green campus development. Hence, some suggestions are made in terms of the administrative management, propulsion approach, evaluation standard, and action plan. [Copyright &y& Elsevier]

China has incorporated green technology innovation into its national development strategy based on its national conditions and development needs. The emission permit system is a typical environmental regulation, and one of the driving forces of green technology innovation. Research into the pollution discharge permits system is a key for improving environmental regulations. This study seeks to investigate the impact of pollution permits system on green innovation in China. Using econometric methods, we constructed and tested the model of green technology innovation incentives based on the emission permits system, and applied it to several Chinese counties and districts. The results revealed shortcomings in implementation of the emission permits system in various counties and districts. From a governmental perspective, this was due to poor standardization of management processes and insufficiently innovative supervisory methods. On the corporate side, problems included poor auditing of law enforcement plans, poor implementation of the ledger system, and a lack of disclosure of pollution data. We propose comprehensive strategies to address these issues. This paper explores the emission reduction potential of the pollution discharge permits system at the county level, in accordance with the Porter hypothesis, and provides reference data for the formulation and optimization of energy conservation and emission reduction policies. This will promote green development of the chemical and other industries, and green technology innovation in China. • We explore the pollution discharge permits system at the county level. • We construct a model of the impact of pollution discharge permits system. • We put forward some strategies for promoting green technology innovation. [ABSTRACT FROM AUTHOR]

This paper aims at distinguishing the effects of different types of environmental regulations on different ways of green technology innovation behaviors and whether industrial agglomeration has a moderating effect. In this study, the theoretical framework of "Environmental regulation stimulates green innovation intention, while green innovation intention promotes green innovation behavior" is constructed, the mediating effect of green technology innovation intention is studied, and moderating effect based on industrial agglomeration is also analyzed. The empirical results show that controlling environmental regulation has a more significant influence on the green innovation intention compared to incentive regulation. The green innovation intention plays a mediating role in the logic chain of environmental regulation and green innovation behavior, which verifies the hypothesis of "incomplete environmental regulation" to some extent. Industrial agglomeration plays a positive moderating role in the logic chain of "environmental regulation—green innovation intention—green innovation behavior". It is proven that in the face of strict environmental regulations, the geographical proximity accelerates the diffusion of green knowledge and technology and stimulates intention and enthusiasm of enterprises towards green innovation. Our research lays a solid foundation for enterprises to realize cleaner production and government to formulate policies to realize circular economy and sustainable development. [Display omitted] • Innovation intention plays a mediating role between regulation and behavior. • Controlling regulation has a more significant influence on innovation intention. • Industrial agglomeration plays a positive moderating effect in logical chain. • Agglomeration has a greater moderating effect on green product innovation. [ABSTRACT FROM AUTHOR]

There is now evidence of a growing demand for green product innovation (GPI), leading to reduced negative environmental effects. This context is an opportunity for the organizational reconfiguration of companies in the manufacturing sector to accommodate these new product attributes and characteristics. Although the identification of the determinants of GPI has improved, its characterization is still fragmented and there is limited coherence in terms of the administrative approach leading to GPI development. The main purpose of this paper is the selection and configuration of the determinants of GPI and their organization into an innovation management model. This is achieved by identifying and categorizing the determinants of GPI in association with green innovation capabilities (GIC) and organizational dimensions (OD). The results provide a set of determinants of GPI, paving the way for organizational challenges, the adaptation and definition of new GIC, and the selection of green-oriented OD. All the above is represented in a framework showing the structural relationships and operationalized in a matrix product of the taxonomy referring to how the determinants of GPI affect GIC and OD, thus facilitating the definition of the variables that assess the progress of the company in pursuit of GPI. This research contributes in the field of management and organizational theories for the managerial transition to sustainable development from the dynamics typical of innovation. It also widens the scope of study for researchers, manufacturing company managers, and governmental bodies responsible for environmental management. [ABSTRACT FROM AUTHOR]

Providing more affordable and cleaner energy for all raises complex and significant financial, political, technical, and institutional issues, which must all be addressed to ensure sustainable development. Energy technology innovation has a critical role to play as one of the best pathways to achieve the transition to a global clean energy system. This paper is an endeavor to study the impact of government energy technology research, development, and demonstration (RD&D) budget, which is the primary input of energy technology innovations on cleaner energy supply and carbon footprints (CFP). In this study, a cleaner energy supply is measured as the contribution of renewable energy to total primary energy supply (RE). We assumed that the effect of energy innovation is not uniform but varies according to the descending and ascending movements in a government's energy technology RD&D budget. To this end, we distinguished the impact of the descending and ascending movements in government energy technology RD&D budgets on cleaner energy supply, and CFP in Europe over the period 1985 to 2016. Additionally, we carried out a comparative examination of the effects of energy technology RD&D expenditures on RE and CFP under both linear and nonlinear panel techniques. To increase room for policy implications, we also controlled for the role of economic growth and trade openness and performed several robustness check analyses. We found that the reduction of carbon footprints associated with an increase in public support to energy technology RD&D is more pronounced than the contribution of energy technology innovation to the deployment of renewable energy in Europe. This study provided little evidence in favor of the effectiveness of a government energy technology RD&D budget to substantially boost renewable energy in Europe. Following these results, we suggest that the knowledge of the asymmetric linkage between public energy technology innovation, RE, and CFP is a starting point to achieve win-win solutions that favor clean energy and environmental sustainability. • Optimizing the nonlinear effects of energy technology RD&D budgets over different time horizons. • Asymmetries in the responses of RE and CFP to shocks in energy technology innovation budgets. • The influences of energy technology innovation vary over different time horizons. • The public budget devoted to energy innovation is fundamental for curbing CFP rather than boosting RE. [ABSTRACT FROM AUTHOR]