The role and interaction of intelligent decision making and risk management in green innovation in manufacturing industry

Author:

Zhang Qiansha1,Zhang Huiqi2,Lo Wei1

Affiliation:

1. School of Business Administration, Guangxi University of Finance and Economics, Nanning, China

2. School of Economics and Management, Beijing Jiaotong University, Beijing, China

Abstract

In the face of increasingly severe global environmental problems, green transformation of the manufacturing industry has become a key issue. This study aims to explore the interaction between green innovation, intelligent decision-making and risk management in manufacturing industry. The purpose of this study is to explore the relationship between intelligent decision-making, risk management and green innovation, as well as the role and impact of risk management in the process of green innovation in manufacturing companies by building a statistical model. In this study, we investigated the intelligent decision-making problem and the risk management problem in the green transformation process through the literature survey method and statistical analysis. The results of the study show that intelligent decision-making positively affects the green innovation capability of manufacturing enterprises, there is a negative correlation between the complexity of risk management and the green innovation capability of manufacturing enterprises, and when manufacturing enterprises rely more on intelligent decision-making, the impact of risk management (positively or negatively) on green innovation is amplified, indicating an interactive effect between intelligent decision-making and risk management. This study provides valuable insights for the manufacturing industry to enhance smart decision-making in the face of environmental challenges.

Publisher

IOS Press

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