“…First, the influence of green innovation on other factors. According to some academics, increasing the degree of green innovation can successfully improve the energy consumption structure of businesses ( Jiang et al, 2020 ; Yang et al, 2021a ), raise energy utilization efficiency ( Sun et al, 2019 ; Yang et al, 2022 ), and decrease the intensity of pollutant emissions ( Dong et al, 2022 ; Yi et al, 2022 ; Ren et al, 2022b ), and the intensity of pollutant emissions, all of which will raise people’s quality of life ( Aguilera-Caracuel and Ortiz-de-Mandojana, 2013 ; Amore et al, 2015 ; Burlea-Schiopoiu et al, 2022 ). Additionally, businesses that invest in green innovation can boost their financial performance ( Rezende et al, 2019 ; Xie et al, 2022 ), environmental performance ( Singh et al, 2020 ), and competitive advantages ( Barforoush et al, 2021 ).…”