Wiley
Business Strategy and the Environment
,  volume 34 ,  issue 4 ,  pages 4507-4517

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

Publication type: Journal Article
Publication date: 2025-02-20
Wiley
scimago Q1
wos Q1
SJR: 3.609
CiteScore: 23.7
Impact factor: 13.3
ISSN: 09644733, 10990836
Abstract
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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GOST |
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GOST Copy
Liao Z. et al. The Impact of Blockchain Technology on Firms' Environmental Innovation: A Technological Push Perspective // Business Strategy and the Environment. 2025. Vol. 34. No. 4. pp. 4507-4517.
GOST all authors (up to 50) Copy
Liao Z., ZHANG M., Shi Y. The Impact of Blockchain Technology on Firms' Environmental Innovation: A Technological Push Perspective // Business Strategy and the Environment. 2025. Vol. 34. No. 4. pp. 4507-4517.
RIS |
Cite this
RIS Copy
TY - JOUR
DO - 10.1002/bse.4204
UR - https://onlinelibrary.wiley.com/doi/10.1002/bse.4204
TI - The Impact of Blockchain Technology on Firms' Environmental Innovation: A Technological Push Perspective
T2 - Business Strategy and the Environment
AU - Liao, Zhongju
AU - ZHANG, MENGNAN
AU - Shi, Yangyan
PY - 2025
DA - 2025/02/20
PB - Wiley
SP - 4507-4517
IS - 4
VL - 34
SN - 0964-4733
SN - 1099-0836
ER -
BibTex |
Cite this
BibTex (up to 50 authors) Copy
@article{2025_Liao,
author = {Zhongju Liao and MENGNAN ZHANG and Yangyan Shi},
title = {The Impact of Blockchain Technology on Firms' Environmental Innovation: A Technological Push Perspective},
journal = {Business Strategy and the Environment},
year = {2025},
volume = {34},
publisher = {Wiley},
month = {feb},
url = {https://onlinelibrary.wiley.com/doi/10.1002/bse.4204},
number = {4},
pages = {4507--4517},
doi = {10.1002/bse.4204}
}
MLA
Cite this
MLA Copy
Liao, Zhongju, et al. “The Impact of Blockchain Technology on Firms' Environmental Innovation: A Technological Push Perspective.” Business Strategy and the Environment, vol. 34, no. 4, Feb. 2025, pp. 4507-4517. https://onlinelibrary.wiley.com/doi/10.1002/bse.4204.