Political connections and green innovation: The role of a corporate entrepreneurship strategy in state-owned enterprises
Cheng Zhang,
Bo Zhou and
Xuan Tian
Journal of Business Research, 2022, vol. 146, issue C, 375-384
Abstract:
A growing body of literature recognizes the critical impact of political connections on enterprises’ green innovation. This study enriches the literature by arguing that a corporate entrepreneurship strategy could plausibly have an unexamined mediating role between political connection and green innovation. By regressing the data of Chinese pollution-intensive companies from 2011 to 2019, the empirical results support this argument but only for state-owned enterprises. Politically connected SOEs promoted green patent authorizations through corporate entrepreneurship strategies. Furthermore, the results remained robust after a battery of checks. Notably, the higher the political connection level is, the more significant is the role. Political connections increased entrepreneurship investments in research and development and organizational capital, promoting green innovation in SOEs; therefore, policymakers could leverage the entrepreneurship investment effects of political connections to encourage SOEs’ green innovation.
Keywords: Political connections; Green innovation; Corporate entrepreneurship strategy; China; State-owned enterprises (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (55)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0148296322003216
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:146:y:2022:i:c:p:375-384
DOI: 10.1016/j.jbusres.2022.03.084
Access Statistics for this article
Journal of Business Research is currently edited by A. G. Woodside
More articles in Journal of Business Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().