Promote Green Innovation in Manufacturing Enterprises in the Aspect of Government Subsidies in China

X, Sun; Tang, Jing; Li, Shilong

doi:10.3390/ijerph19137864

Cited by 24 publications

(17 citation statements)

References 67 publications

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“…In response to government environmental concerns, the requirements for firms to conduct utility model patents are low. However, firms carry out invention patents, in which the investments are huge with strict requirements (Sun, Tang, & Li, 2022). Therefore, in this paper, we regard green utility model patents as strategic green innovation that are executed quickly and with low creativity to achieve a stated goal.…”

Section: Empirical Results and Discussionmentioning

confidence: 99%

“…Internal factors are primarily corporate profitability and resource constraints (Centobelli et al, 2022; Sánchez‐Sellero & Bataineh, 2022). External pressures include the environmental concerns of governments and customers (Ma et al, 2022; Sun, Tang, & Li, 2022). Government sustainability goals also provide an opportunity for firms to improve product differentiation (Ahmed & Streimikiene, 2021; Camilleri, 2022).…”

Section: Introductionmentioning

confidence: 99%

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Government environmental concerns and corporate green innovation: Evidence from heavy‐polluting enterprises in China

Chen,

Zhu,

Ding

et al. 2023

Bus Strat Env

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The objective of this study is to examine the impact of government environmental concerns on green innovation and whether this has a “leverage effect” or a “crowding‐out effect.” This study employs a two‐way fixed‐effects model to conduct an empirical test using panel data from 2010 to 2020 on Chinese firms listed in heavy‐polluting industries. The results suggest that an increase in government environmental concerns can promote corporate green innovation. However, government environmental concerns primarily stimulate strategic innovation rather than substantive innovation. After a series of robustness and endogeneity tests, the conclusions of this paper still hold. Corporate green innovation induced by government environmental concerns is not the “leverage effect” superimposed on existing innovation activities but the “crowding‐out effect” of other technological innovation. The heterogeneity tests in this paper indicate that the impact is more pronounced for firms with poorer environmental conditions, stronger political connections, and richer executive backgrounds.

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Section: Empirical Results and Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Government environmental concerns and corporate green innovation: Evidence from heavy‐polluting enterprises in China

Chen,

Zhu,

Ding

et al. 2023

Bus Strat Env

View full text Add to dashboard Cite

show abstract

“…In addition to the linear relationship research, a few scholars believe that environmental regulation has a nonlinear relationship with enterprise green innovation [ 25 ]. Besides environmental regulation, other institutional factors such as government subsidies are also essential factors affecting green innovation [ 69 ]. Some studies believe that government subsidies can make up for the high costs and risks brought by green innovation and promote enterprises to actively carry out green innovation [ 19 , 20 ].…”

Section: Literature Reviewmentioning

confidence: 99%

Digital Transformation on Enterprise Green Innovation: Effect and Transmission Mechanism

Feng

Wang

Song

et al. 2022

IJERPH

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With the development of blockchain, big data, cloud computing and other new technologies, how to achieve innovative development and green sustainable development in digital transformation has become one of the key issues for enterprises to obtain and maintain core competitiveness. However, little of the literature has paid attention to the impact of digital transformation on enterprise green innovation. Using the data of Chinese A-share listed companies from 2010 to 2020, this paper empirically analyzes the impact of enterprise digital transformation on green innovation and its transmission mechanism, by constructing double fixed-effect models. The results show that digital transformation has remarkably promoted the green innovation of enterprises. R&D investment, government subsidies, and income tax burden have played a conductive role between digital transformation and enterprise green innovation. Furthermore, digital transformation can significantly promote the high-quality green innovation of enterprises and also plays a more significant role in promoting the green innovation of high-tech enterprises and state-owned enterprises. A robustness test is carried out by using the lag data and changing the measurement methods of the dependent variable and independent variables, and the research conclusions are still valid. Based on resource-based theory and dynamic capability theory, this paper reveals the impact path of digital transformation on enterprise green innovation, further expanding the research field of digital transformation and enriching the research on the influencing factors of enterprise green innovation. This paper provides policy suggestions for the government to improve the enterprise green innovation level by increasing government subsidies and providing tax incentives and also provides reference for digital transformation enterprises to accelerate green innovation by increasing R&D investment, obtaining government subsidies, and acquiring tax policy support.

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“…To identify the moderating effect of government subsidies (Hypothesis 3). Referring to the literature [ 55 ], we construct a moderating effect model as follows. We use the interaction term

to determine the moderating effect of government subsidies.…”

Section: Empirical Model and Methodologymentioning

confidence: 99%

How Does Climate Policy Uncertainty Affect Green Innovation? Evidence from China

Mao

Huang

2022

IJERPH

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In response to climate change, governments have adopted various climate policies. However, climate policy uncertainty (CPU) may have important implications for the business sector. Is enterprise green innovation (GI) affected by CPU? This study investigates the impact of CPU on enterprise GI. The China CPU index is created first in this study. It uses panel data from Chinese A-share listed companies in China from 2010 to 2021 to explore the impact of CPU on GI through the fixed effects model, the mediating effects model, and the moderating effects model. The results show that: (1) CPU significantly suppresses GI, according to the findings. (2) CPU inhibits enterprise GI by exacerbating enterprise financing constraints. (3) Government subsidies can mitigate the inhibiting effect of CPU on GI. (4) There is heterogeneity in the negative impact of CPU on enterprise GI, mainly on non-state-owned enterprises. This study suggests several recommendations for coping with CPU in China.

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Promote Green Innovation in Manufacturing Enterprises in the Aspect of Government Subsidies in China

Cited by 24 publications

References 67 publications

Government environmental concerns and corporate green innovation: Evidence from heavy‐polluting enterprises in China

Government environmental concerns and corporate green innovation: Evidence from heavy‐polluting enterprises in China

Digital Transformation on Enterprise Green Innovation: Effect and Transmission Mechanism

How Does Climate Policy Uncertainty Affect Green Innovation? Evidence from China

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