Industry 4.0 and Environmental Protection: The Catalyst Role of Public Financial Support
This article examines the relationship between the adoption of digital technologies and the corporate commitment to environmental protection, while also exploring whether this relationship is strengthened by public financial support. Using a sample of 1,616 Spanish manufacturing firms and analyzi...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Editura ASE
2025-02-01
|
| Series: | Amfiteatru Economic |
| Subjects: | |
| Online Access: | https://www.amfiteatrueconomic.ro/temp/Article_3388.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | This article examines the relationship between the adoption of digital technologies and the
corporate commitment to environmental protection, while also exploring whether this
relationship is strengthened by public financial support. Using a sample of 1,616 Spanish
manufacturing firms and analyzing each technology independently, the study finds a positive
and significant association between Industry 4.0 technologies and the implementation of
environmental practices. Furthermore, the results highlight the mediating role of public
support, since firms adopting advanced technologies and receiving direct state funding or tax
incentives demonstrate higher levels of environmental investment. By disaggregating the
types of technologies and distinguishing between funding mechanisms, this research provides
nuanced insights into the effectiveness of public interventions in promoting sustainable
production processes. The findings underscore the interplay between the public and private
sectors in advancing environmental innovation, revealing the role of statism in fostering
sustainability within the framework of Industry 4.0. |
|---|---|
| ISSN: | 1582-9146 2247-9104 |