Academic workstations and corporate green innovation

Hongying Yin, Jinkang Zhang, Rui Zhong and Qiong Ji

International Review of Economics & Finance, 2023, vol. 83, issue C, 571-590

Abstract: The academic workstation is a government-led industry–university–research collaborative platform that integrates intelligence and financial capital from academicians, firms, and local governments to facilitate innovation. We find a significant increase in the number of green patents and inventions following the establishment of academic workstations in China. In addition, we find that this positive relationship is strengthened by less financial constraints, stricter environmental regulations, and a better business environments. Further analyses identify environmental awareness and resource integration as channels through which academic workstations affect corporate green innovation. Our findings extend our understanding of the determinants of corporate green innovation and the real effects of academic workstations on corporate sustainable growth.

Keywords: Academic workstation; Green innovation; Corporate sustainable growth (search for similar items in EconPapers)
JEL-codes: M14 O31 O32 Q55 Q58 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:83:y:2023:i:c:p:571-590

DOI: 10.1016/j.iref.2022.10.001

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