National innovation policy, entrepreneurial activity, managerial ability and green innovation of agribusinesses

Yu Zhong and Jie Yao

Finance Research Letters, 2025, vol. 72, issue C

Abstract: This study examines the impact of national innovation policy on the breakthrough green innovation capabilities of agribusiness firms. Despite the global shift toward sustainable development and innovation-driven strategies, research on the mechanisms through which national policies influence green innovation in the agricultural sector is limited. By investigating the mediating role of urban entrepreneurial activity and the moderating effect of managerial ability, this study provides novel insights into the complex relationships among policy, entrepreneurship, and innovation in agribusiness. The findings contribute to the theoretical understanding of green innovation capabilities and offer valuable insights for policymakers to promote sustainable development in the agricultural sector. Furthermore, this study unveils asymmetric effects across ownership types and regions, emphasizing the need for targeted policy interventions. By bridging these research gaps, this study significantly advances the knowledge of green innovation in agribusiness and informs evidence-based policymaking for an increasingly sustainable future.

Keywords: Green innovation; Agribusiness; Entrepreneurial activity; Managerial ability (search for similar items in EconPapers)
JEL-codes: O38 Q18 Q55 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:72:y:2025:i:c:s1544612324015101

DOI: 10.1016/j.frl.2024.106481

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