How to cite this paper
Beny, B., Wendy, W., Saleh, M & Giriati, G. (2023). The effect of financial literacy and green innovation technology on green economic sustainability in emerging countries.International Journal of Data and Network Science, 7(4), 1829-1838.
Refrences
Ajzen, I., & Fishbein (1980). Understanding attitudes and predicting social behavior. Englewood Cliffs, NJ. Prentice-Hall.
Ajzen, I. (1991). The theory of planned behavior. Organizational Behavior and Human Decision Processes. 50(1), 179–211.
Ali, M., Ali, I., Badghish, S., & Soomro, Y. A. (2021). Determinants of financial empowerment among women in Saudi Arabia. Frontiers in Psychology, 12, 747255. Doi: 10.3389/fpsyg.2021.747255.
Ali, S., Yan, Q., Razzaq, A., Khan, I., & Irfan, M. (2023). Modelling factors of biogas technology adoption: a roadmap to-wards environmental sustainability and green revolution. Environmental Science and Pollution Research, 30(5), 11838-11860.
Awwad, Al-S., A., S, Alshammrei S, Nawaz, N., & Tayyab, M. (2022). Green Human Resource Management and Sustain-able Performance with the Mediating Role of Green Innovation: A Perspective of New Technological Era. Frontier Environment. Science, 10, 901235. Doi: 10.3389/fenvs.2022.901235
Data Indonesia. (2021). Jumlah Fintech di Indonesia. hhttps://dataindonesia.id/digital/detail/jumlah-fintech-di-indonesia-terus-meningkat-hingga-2021.
Dev, N. K., Shankar, R., & Swami, S. (2020). Diffusion of green products in industry 4.0: Reverse logistics issues during design of inventory and production planning system. International Journal of Production Economics, 223, 107519. Doi.org/10.1016/j.ijpe.2019.107519.
Du, K., Li, P., & Yan, Z. (2019). Do green technology innovations contribute to carbon dioxide emission reduction? Em-pirical evidence from patent data. Technological Forecasting and Social Change, 146(2), 297-303.
Duréndez, A., Dieguez-Soto, J., & Madrid-Guijarro, A. (2023). The influence of CEO’s financial literacy on SMEs techno-logical innovation: the mediating effects of MCS and risk-taking. Financial Innovation, 9(1), 15-41.
Dutta, A., Mitra, S., Basak, M., & Banerjee, T. (2023). A comprehensive review on batteries and supercapacitors: devel-opment and challenges since their inception. Energy Storage, 5(1),doi.org/10.1002/est2.339.
Farhi, F., Jeljeli, R., Zahra, A. A., Saidani, S., & Feguiri, L. (2023). Factors Behind Virtual Assistance Usage Among iPh-one Users: Theory of Reasoned Action. International Journal of Interactive Mobile Technologies, 17(2). DOI: 10.3991/IJIM. v17i02.36021.
Faul, F., Erdfelder, E., Buchner, A., & Lang, A. G. (2009). Statistical power analyses using G* Power 3.1: Tests for corre-lation and regression analyses. Behaviour research methods, 41(4), 1149-1160.
García-Avilés, J. A., Carvajal-Prieto, M., Arias, F., & De Lara-González, A. (2019a). How journalists innovate in the newsroom: Proposing a model of the diffusion of innovations in media outlets. The Journal of Media Innovations, 5(1), 1–16.
García-Machado, J. J., & Martínez-Ávila, M. (2019b). Environmental performance and green culture: The mediating ef-fect of green innovation. An application to the automotive industry. Sustainability, 11(18), 4874. Doi:10.3390/su11184874.
Gilenko, E., & Chernova, A. (2021). Saving behavior and financial literacy of Russian high school students: an application of a copula-based bivariate probit-regression approach. Children and Youth Services Review, 127, 106–122.
Doi: 10.1016/j.childyouth.2021.106122
Hafeez, M., Rehman, S.U., Faisal, C.M.N., Yang, J., Ullah, S.; Kaium, M.A., & Malik, M.Y. (2022). Financial Efficiency and Its Impact on Renewable Energy Demand and CO2 Emissions: Do Eco-Innovations Matter for Highly Polluted Asian Economies? Sustainability, 14, 10950. Doi.org/10.3390/ su141710950.
Hair Jr, J. F., Hult, G. T. M., Ringle, C. M., Sarstedt, M., Danks, N. P., & Ray, S. (2021). Partial least squares structural equation modeling (PLS-SEM) using R: A workbook (p. 197). Springer Nature.
Hu, G. (2021). Is knowledge spillover from human capital investment a catalyst for technological innovation? The curious case of fourth industrial revolution in BRICS economies. Technological Forecasting and Social Change, 162, 120327. Doi.org/10.1016/j.techfore. 2020.120327.
Jia, L., Hu, X., Zhao, Z., He, B., & Liu, W. (2022). How Environmental Regulation, Digital Development and Technologi-cal Innovation Affect China’s Green Economy Performance: Evidence from Dynamic Thresholds and System GMM Panel Data Approaches. Energies, 15, 884. Doi.org/10.3390/en15030884.
Jin, C., Shahzad, M., Zafar, A., U., & Suki, N., M. (2022). Socio-economic and environmental drivers of green innovation: evidence from nonlinear ARDL. Economic Research-Ekonomska Istraživanja. 35(1), 5336-5356.
Khan, M. S. R., Rabbani, N., & Kadoya, Y. (2020). Is financial literacy associated with investment in financial markets in the United States? Sustainability, 12(18), 7370.
Khan, R. U., Arif, H., Sahar, N. E., Ali, A., & Abbasi, M. A. (2022). The role of financial resources in SMEs’ financial and environmental performance; the mediating role of green innovation. Green Finance, 4(1), 36-53.
Kirikkaleli, D., & Adebayo, T. S. (2022). Political risk and environmental quality in Brazil: Role of green finance and green innovation. International Journal of Finance & Economics. DOI:10.1002/ijfe.2732.
Kumari, S., & Harikrishnan, A. (2021). Importance of Financial literacy For Sustainable Future Environment: A Research Among People in Rural Areas with Special Reference to Mandi District, Himachal Pradesh. International Journal of Engineering, Science and Information Technology, 1(1), 15-19.
Le, T. T., & Ferasso, M. (2022). How green investment drives sustainable business performance for food manufacturing small‐and medium‐sized enterprises? Evidence from an emerging economy. Corporate Social Responsibility and En-vironmental Management, 29(4), 1034-1049.
Li, J., Zhang, B., Dai, X., Qi, M., & Liu, B. (2023). Knowledge Ecology and Policy Governance of Green Finance in Chi-na—Evidence from 2469 Studies. International Journal of Environmental Research and Public Health, 20(1), 202. Doi.org/10.3390/ijerph20010202.
Luo, R., Ullah, S., & Ali, K. (2021). Pathway towards Sustainability in Selected Asian Countries: Influence of Green In-vestment, Technology Innovations, and Economic Growth on CO2 Emission. Sustainability, 13, Doi.org/ 10.3390/su132212873
Luo, W., & Cheng, J. (2022). Transition to sustainable business models for green economic recovery: role of financial lit-eracy, innovation and environmental sustainability. Economic Change and Restructuring, 1-24. Doi.org/10.1007/s10644-022-09408-1.
Mo, Y., Ullah, S., & Ozturk, I. (2022). Green investment and its influence on green growth in high polluted Asian econo-mies: Do financial markets and institutions matter? Economic Research-Ekonomska Istraživanja, 31(1), 1-11.
Mustafa, W. M. W., Islam, M., Asyraf, M., Hassan, M., Royhan, P., & Rahman, S. (2023). The Effects of Financial Atti-tudes, Financial Literacy and Health Literacy on Sustainable Financial Retirement Planning: The Moderating Role of the Financial Advisor. Sustainability, 15(3), 2677. Doi.org/10.3390/su15032677.
OECD. (2013). Improving Financial Education Effectiveness through Behavioural Economics-OECD Key Findings and Way Foreward; OECD: Paris, France, 2013.
Pástor, Ľ., Stambaugh, R. F., & Taylor, L. A. (2021). Sustainable investing in equilibrium. Journal of Financial Econom-ics, 142(2), 550-571.
Rahmani, A., Mashayekh, J., Aboojafari, R., & Naeini, A. B. (2023). Determinants of households' intention for investment in renewable energy projects. Renewable Energy, 205, 823-837. Doi.org/10.1016/j.renene.2023.01.096.
Razzaq, A., Wang, Y., Chupradit, S., Suksatan, W., & Shahzad, F. (2021). Asymmetric inter-linkages between green tech-nology innovation and consumption-based carbon emissions in BRICS countries using quantile-on-quantile frame-work. Technology in Society, 66, 101656. Doi.org/10.1016/j.techsoc.2021.101656.
Report-Linker. (2022). Indonesian Electric Vehicle Industry 2022-2026. https://www.reportlinker.com/report-summary/Electric-Vehicle/58992/Indonesian-Electric-Vehicle-Industry.html.
Rigdon, E. E., Ringle, C. M., & Sarstedt, M. (2010). Structural modelling of heterogeneous data with partial least squares. Review of marketing research, 7(1), 255-296.
Sautron, V., Péneau, S., Camilleri, G. M., Muller, L., Ruffieux, B., Hercberg, S., & Méjean, C. (2015). Validity of a ques-tionnaire measuring motives for choosing foods including sustainable concerns. Appetite, 87(1), 90-97.
Shang, D., Wu, W., & Schroeder, D. (2023). Exploring determinants of the green smart technology product adoption from a sustainability adapted value-belief-norm perspective. Journal of Retailing and Consumer Services, 70, 103169. DOI:10.1016/j.jretconser.2022.103169.
Shen, C., Li, S., Wang, X., & Liao, Z. (2020). The effect of environmental policy tools on regional green innovation: Evi-dence from China. Journal of Cleaner Production, 254, 120122. Doi.org/10.1016/j.jclepro.2020.120122.
Stella, G. P., Filotto, U., & Cervellati, E. M. (2020). A proposal for a new financial literacy questionnaire. International Journal of Business and Management, 15(2), 34-48.
Su, C.-W.; Xie, Y.; Shahab, S.; Faisal, C.M.N.; & Hafeez, M.; Qamri, G.M. (2021). Towards Achieving Sustainable De-velopment: Role of Technology Innovation, Technology Adoption and CO2 Emission for BRICS. International Journal of Environmental Research and Public Health, 18, 277. Doi.org/10.3390/ ijerph18010277.
Swiecka, B., Yeşildağ, E., Özen, E., & Grima, S. (2020). Financial literacy: The case of Poland. Sustainability, 12(2), 700. Doi:10.3390/su12020700
Tahir, M. S., Ahmed, A. D., & Richards, D. W. (2021). Financial literacy and financial well-being of Australian consum-ers: A moderated mediation model of impulsivity and financial capability. International Journal of Bank Market-ing. 39(7), 1377-1394.
Tolliver, C., Fujii, H., Keeley, A. R., & Managi, S. (2021). Green innovation and finance in Asia. Asian Economic Policy Review, 16(1), 67-87.
Vargo, S. L., Akaka, M. A., & Wieland, H. (2020). Rethinking the process of diffusion in innovation: A service-ecosystems and institutional perspective. Journal of business research, 116, 526-534.
Verain, M. C., Snoek, H. M., Onwezen, M. C., Reinders, M. J., & Bouwman, E. P. (2021). Sustainable food choice mo-tives: The development and cross-country validation of the Sustainable Food Choice Questionnaire (SUS-FCQ). Food Quality and Preference, 93, 104267. Doi.org/10.1016/j.foodqual.2021.104267.
Wang, X., & Wang, Q. (2021). Research on the impact of green finance on the upgrading of China's regional industrial structure from the perspective of sustainable development. Resources Policy, 74, 102436. Doi.org/10.1016/j.resourpol.2021.102436
Wang, C.H. (2019). How organizational green culture influences green performance and competitive advantage: The me-diating role of green innovation. Journal of Manufacturing Technology Management, 30(4), 666-683.
Zahan, I., & Chuanmin, S. (2021). Towards a green economic policy framework in China: role of green investment in fos-tering clean energy consumption and environmental sustainability. Environmental Science and Pollution Research, 28, 43618-43628. Doi:10.1007/s11356-021-13041-2
Zhang, Y., Khan, I., & Zafar, M. W. (2022). Assessing environmental quality through natural resources, energy resources, and tax revenues. Environmental Science and Pollution Research, 29(59), 89029-89044.
Zoubi, M., ALfaris, Y., Fraihat, B., Otoum, A., Nawasreh, M., & ALfandi, A. (2023). An extension of the diffusion of in-novation theory for business intelligence adoption: A maturity perspective on project management. Uncertain Supply Chain Management, 11(2), 465-472.
Ajzen, I. (1991). The theory of planned behavior. Organizational Behavior and Human Decision Processes. 50(1), 179–211.
Ali, M., Ali, I., Badghish, S., & Soomro, Y. A. (2021). Determinants of financial empowerment among women in Saudi Arabia. Frontiers in Psychology, 12, 747255. Doi: 10.3389/fpsyg.2021.747255.
Ali, S., Yan, Q., Razzaq, A., Khan, I., & Irfan, M. (2023). Modelling factors of biogas technology adoption: a roadmap to-wards environmental sustainability and green revolution. Environmental Science and Pollution Research, 30(5), 11838-11860.
Awwad, Al-S., A., S, Alshammrei S, Nawaz, N., & Tayyab, M. (2022). Green Human Resource Management and Sustain-able Performance with the Mediating Role of Green Innovation: A Perspective of New Technological Era. Frontier Environment. Science, 10, 901235. Doi: 10.3389/fenvs.2022.901235
Data Indonesia. (2021). Jumlah Fintech di Indonesia. hhttps://dataindonesia.id/digital/detail/jumlah-fintech-di-indonesia-terus-meningkat-hingga-2021.
Dev, N. K., Shankar, R., & Swami, S. (2020). Diffusion of green products in industry 4.0: Reverse logistics issues during design of inventory and production planning system. International Journal of Production Economics, 223, 107519. Doi.org/10.1016/j.ijpe.2019.107519.
Du, K., Li, P., & Yan, Z. (2019). Do green technology innovations contribute to carbon dioxide emission reduction? Em-pirical evidence from patent data. Technological Forecasting and Social Change, 146(2), 297-303.
Duréndez, A., Dieguez-Soto, J., & Madrid-Guijarro, A. (2023). The influence of CEO’s financial literacy on SMEs techno-logical innovation: the mediating effects of MCS and risk-taking. Financial Innovation, 9(1), 15-41.
Dutta, A., Mitra, S., Basak, M., & Banerjee, T. (2023). A comprehensive review on batteries and supercapacitors: devel-opment and challenges since their inception. Energy Storage, 5(1),doi.org/10.1002/est2.339.
Farhi, F., Jeljeli, R., Zahra, A. A., Saidani, S., & Feguiri, L. (2023). Factors Behind Virtual Assistance Usage Among iPh-one Users: Theory of Reasoned Action. International Journal of Interactive Mobile Technologies, 17(2). DOI: 10.3991/IJIM. v17i02.36021.
Faul, F., Erdfelder, E., Buchner, A., & Lang, A. G. (2009). Statistical power analyses using G* Power 3.1: Tests for corre-lation and regression analyses. Behaviour research methods, 41(4), 1149-1160.
García-Avilés, J. A., Carvajal-Prieto, M., Arias, F., & De Lara-González, A. (2019a). How journalists innovate in the newsroom: Proposing a model of the diffusion of innovations in media outlets. The Journal of Media Innovations, 5(1), 1–16.
García-Machado, J. J., & Martínez-Ávila, M. (2019b). Environmental performance and green culture: The mediating ef-fect of green innovation. An application to the automotive industry. Sustainability, 11(18), 4874. Doi:10.3390/su11184874.
Gilenko, E., & Chernova, A. (2021). Saving behavior and financial literacy of Russian high school students: an application of a copula-based bivariate probit-regression approach. Children and Youth Services Review, 127, 106–122.
Doi: 10.1016/j.childyouth.2021.106122
Hafeez, M., Rehman, S.U., Faisal, C.M.N., Yang, J., Ullah, S.; Kaium, M.A., & Malik, M.Y. (2022). Financial Efficiency and Its Impact on Renewable Energy Demand and CO2 Emissions: Do Eco-Innovations Matter for Highly Polluted Asian Economies? Sustainability, 14, 10950. Doi.org/10.3390/ su141710950.
Hair Jr, J. F., Hult, G. T. M., Ringle, C. M., Sarstedt, M., Danks, N. P., & Ray, S. (2021). Partial least squares structural equation modeling (PLS-SEM) using R: A workbook (p. 197). Springer Nature.
Hu, G. (2021). Is knowledge spillover from human capital investment a catalyst for technological innovation? The curious case of fourth industrial revolution in BRICS economies. Technological Forecasting and Social Change, 162, 120327. Doi.org/10.1016/j.techfore. 2020.120327.
Jia, L., Hu, X., Zhao, Z., He, B., & Liu, W. (2022). How Environmental Regulation, Digital Development and Technologi-cal Innovation Affect China’s Green Economy Performance: Evidence from Dynamic Thresholds and System GMM Panel Data Approaches. Energies, 15, 884. Doi.org/10.3390/en15030884.
Jin, C., Shahzad, M., Zafar, A., U., & Suki, N., M. (2022). Socio-economic and environmental drivers of green innovation: evidence from nonlinear ARDL. Economic Research-Ekonomska Istraživanja. 35(1), 5336-5356.
Khan, M. S. R., Rabbani, N., & Kadoya, Y. (2020). Is financial literacy associated with investment in financial markets in the United States? Sustainability, 12(18), 7370.
Khan, R. U., Arif, H., Sahar, N. E., Ali, A., & Abbasi, M. A. (2022). The role of financial resources in SMEs’ financial and environmental performance; the mediating role of green innovation. Green Finance, 4(1), 36-53.
Kirikkaleli, D., & Adebayo, T. S. (2022). Political risk and environmental quality in Brazil: Role of green finance and green innovation. International Journal of Finance & Economics. DOI:10.1002/ijfe.2732.
Kumari, S., & Harikrishnan, A. (2021). Importance of Financial literacy For Sustainable Future Environment: A Research Among People in Rural Areas with Special Reference to Mandi District, Himachal Pradesh. International Journal of Engineering, Science and Information Technology, 1(1), 15-19.
Le, T. T., & Ferasso, M. (2022). How green investment drives sustainable business performance for food manufacturing small‐and medium‐sized enterprises? Evidence from an emerging economy. Corporate Social Responsibility and En-vironmental Management, 29(4), 1034-1049.
Li, J., Zhang, B., Dai, X., Qi, M., & Liu, B. (2023). Knowledge Ecology and Policy Governance of Green Finance in Chi-na—Evidence from 2469 Studies. International Journal of Environmental Research and Public Health, 20(1), 202. Doi.org/10.3390/ijerph20010202.
Luo, R., Ullah, S., & Ali, K. (2021). Pathway towards Sustainability in Selected Asian Countries: Influence of Green In-vestment, Technology Innovations, and Economic Growth on CO2 Emission. Sustainability, 13, Doi.org/ 10.3390/su132212873
Luo, W., & Cheng, J. (2022). Transition to sustainable business models for green economic recovery: role of financial lit-eracy, innovation and environmental sustainability. Economic Change and Restructuring, 1-24. Doi.org/10.1007/s10644-022-09408-1.
Mo, Y., Ullah, S., & Ozturk, I. (2022). Green investment and its influence on green growth in high polluted Asian econo-mies: Do financial markets and institutions matter? Economic Research-Ekonomska Istraživanja, 31(1), 1-11.
Mustafa, W. M. W., Islam, M., Asyraf, M., Hassan, M., Royhan, P., & Rahman, S. (2023). The Effects of Financial Atti-tudes, Financial Literacy and Health Literacy on Sustainable Financial Retirement Planning: The Moderating Role of the Financial Advisor. Sustainability, 15(3), 2677. Doi.org/10.3390/su15032677.
OECD. (2013). Improving Financial Education Effectiveness through Behavioural Economics-OECD Key Findings and Way Foreward; OECD: Paris, France, 2013.
Pástor, Ľ., Stambaugh, R. F., & Taylor, L. A. (2021). Sustainable investing in equilibrium. Journal of Financial Econom-ics, 142(2), 550-571.
Rahmani, A., Mashayekh, J., Aboojafari, R., & Naeini, A. B. (2023). Determinants of households' intention for investment in renewable energy projects. Renewable Energy, 205, 823-837. Doi.org/10.1016/j.renene.2023.01.096.
Razzaq, A., Wang, Y., Chupradit, S., Suksatan, W., & Shahzad, F. (2021). Asymmetric inter-linkages between green tech-nology innovation and consumption-based carbon emissions in BRICS countries using quantile-on-quantile frame-work. Technology in Society, 66, 101656. Doi.org/10.1016/j.techsoc.2021.101656.
Report-Linker. (2022). Indonesian Electric Vehicle Industry 2022-2026. https://www.reportlinker.com/report-summary/Electric-Vehicle/58992/Indonesian-Electric-Vehicle-Industry.html.
Rigdon, E. E., Ringle, C. M., & Sarstedt, M. (2010). Structural modelling of heterogeneous data with partial least squares. Review of marketing research, 7(1), 255-296.
Sautron, V., Péneau, S., Camilleri, G. M., Muller, L., Ruffieux, B., Hercberg, S., & Méjean, C. (2015). Validity of a ques-tionnaire measuring motives for choosing foods including sustainable concerns. Appetite, 87(1), 90-97.
Shang, D., Wu, W., & Schroeder, D. (2023). Exploring determinants of the green smart technology product adoption from a sustainability adapted value-belief-norm perspective. Journal of Retailing and Consumer Services, 70, 103169. DOI:10.1016/j.jretconser.2022.103169.
Shen, C., Li, S., Wang, X., & Liao, Z. (2020). The effect of environmental policy tools on regional green innovation: Evi-dence from China. Journal of Cleaner Production, 254, 120122. Doi.org/10.1016/j.jclepro.2020.120122.
Stella, G. P., Filotto, U., & Cervellati, E. M. (2020). A proposal for a new financial literacy questionnaire. International Journal of Business and Management, 15(2), 34-48.
Su, C.-W.; Xie, Y.; Shahab, S.; Faisal, C.M.N.; & Hafeez, M.; Qamri, G.M. (2021). Towards Achieving Sustainable De-velopment: Role of Technology Innovation, Technology Adoption and CO2 Emission for BRICS. International Journal of Environmental Research and Public Health, 18, 277. Doi.org/10.3390/ ijerph18010277.
Swiecka, B., Yeşildağ, E., Özen, E., & Grima, S. (2020). Financial literacy: The case of Poland. Sustainability, 12(2), 700. Doi:10.3390/su12020700
Tahir, M. S., Ahmed, A. D., & Richards, D. W. (2021). Financial literacy and financial well-being of Australian consum-ers: A moderated mediation model of impulsivity and financial capability. International Journal of Bank Market-ing. 39(7), 1377-1394.
Tolliver, C., Fujii, H., Keeley, A. R., & Managi, S. (2021). Green innovation and finance in Asia. Asian Economic Policy Review, 16(1), 67-87.
Vargo, S. L., Akaka, M. A., & Wieland, H. (2020). Rethinking the process of diffusion in innovation: A service-ecosystems and institutional perspective. Journal of business research, 116, 526-534.
Verain, M. C., Snoek, H. M., Onwezen, M. C., Reinders, M. J., & Bouwman, E. P. (2021). Sustainable food choice mo-tives: The development and cross-country validation of the Sustainable Food Choice Questionnaire (SUS-FCQ). Food Quality and Preference, 93, 104267. Doi.org/10.1016/j.foodqual.2021.104267.
Wang, X., & Wang, Q. (2021). Research on the impact of green finance on the upgrading of China's regional industrial structure from the perspective of sustainable development. Resources Policy, 74, 102436. Doi.org/10.1016/j.resourpol.2021.102436
Wang, C.H. (2019). How organizational green culture influences green performance and competitive advantage: The me-diating role of green innovation. Journal of Manufacturing Technology Management, 30(4), 666-683.
Zahan, I., & Chuanmin, S. (2021). Towards a green economic policy framework in China: role of green investment in fos-tering clean energy consumption and environmental sustainability. Environmental Science and Pollution Research, 28, 43618-43628. Doi:10.1007/s11356-021-13041-2
Zhang, Y., Khan, I., & Zafar, M. W. (2022). Assessing environmental quality through natural resources, energy resources, and tax revenues. Environmental Science and Pollution Research, 29(59), 89029-89044.
Zoubi, M., ALfaris, Y., Fraihat, B., Otoum, A., Nawasreh, M., & ALfandi, A. (2023). An extension of the diffusion of in-novation theory for business intelligence adoption: A maturity perspective on project management. Uncertain Supply Chain Management, 11(2), 465-472.