The objective of this study is to investigate the relationship among green growth, green innovation, and digitalization. This will be accomplished through the application of linear and quadratic models, employing a two-step GMM-system approach on panel data from 2000 to 2022 for 27 European Union member countries. The linear model findings show that green innovation (PERT) has a positive and significant effect on green growth of 0.27. Moreover, with the use of the quadratic model, the squared PERT variable has a negative and significant impact, indicating a non-linearity relationship. Policymakers should prioritize and implement strategies that align with dynamic and scape to maximize our positive outcomes, like encouraging research and development activities specifically focused on green innovation in the digital era, investing in digital infrastructure, and stimulating the private sector to boost investment in environmentally friendly technology.

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The Impact of Green Innovation on Green Growth in the Era of Digitalization: Evidence from EU Countries

  • Sarra Gharbi,
  • Hamdi Becha,
  • Maha Kalai,
  • Kamel Helali

摘要

The objective of this study is to investigate the relationship among green growth, green innovation, and digitalization. This will be accomplished through the application of linear and quadratic models, employing a two-step GMM-system approach on panel data from 2000 to 2022 for 27 European Union member countries. The linear model findings show that green innovation (PERT) has a positive and significant effect on green growth of 0.27. Moreover, with the use of the quadratic model, the squared PERT variable has a negative and significant impact, indicating a non-linearity relationship. Policymakers should prioritize and implement strategies that align with dynamic and scape to maximize our positive outcomes, like encouraging research and development activities specifically focused on green innovation in the digital era, investing in digital infrastructure, and stimulating the private sector to boost investment in environmentally friendly technology.