This study found that the more data assets held by a company, the higher its level of green innovation. This result was still significant after the instrumental variable method, exogenous policy shock mitigation endogeneity and a series of robustness tests. Data assets promote green innovation by alleviating the constraints on corporate financing and increasing the efficiency of green research and development. Further analysis showed that data assets could continuously increase the level of green innovation and promote enterprises to choose to apply for green invention patents. This study provides useful insights for identifying and utilizing the value of data resources.

中文翻译：

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数据资产能否推动企业绿色创新？


研究发现，一家公司持有的数据资产越多，其绿色创新水平就越高。在工具变量法、外生政策冲击缓解内生性和一系列稳健性检验之后，这一结果仍然具有显著性。数据资产通过缓解企业融资约束和提高绿色研发效率来促进绿色创新。进一步分析表明，数据资产可以不断提高绿色创新水平，促进企业选择申请绿色发明专利。本研究为识别和利用数据资源的价值提供了有用的见解。