Impact of National Innovative City Policy on Enterprise Green Technology Innovation—Mediation Role of Innovation Environment and R&D Investment
Zetian Cui,
Yancheng Ning (),
Jia Song and
Jun Yang
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Zetian Cui: School of Marxism, Shenyang University, Shenyang 110044, China
Yancheng Ning: School of Business Administration, Northeastern University, Shenyang 110167, China
Jia Song: Liaoning Provincial Big Data Management Center, Shenyang 110002, China
Jun Yang: F.C. Manning School of Business Administration, Acadia University, Wolfville, NS B4P 2R6, Canada
Sustainability, 2024, vol. 16, issue 4, 1-16
Abstract:
This study investigates the impact of the national innovative city policy on enterprise green technology innovation amid China’s transformation from a resource-dependent to an innovation-driven economy. Working on city- and enterprise-level data from 2003 to 2018, this study employs the multi-period difference-in-differences (DID) model and the Sobel test to explore the impact of innovative city policies. The empirical results demonstrate that the innovative city policy has improved both the quantity and quality of enterprises’ green technology innovation output. This positive impact is accomplished via improving the urban innovation environment and stimulating enterprise research and development (R&D) investment. The promoting effect of the policy is stronger in attaining green utility patents by state-owned enterprises and green invention patents by non-state-owned enterprises. The positive policy impact is more pronounced for large enterprises. This study provides micro-level evidence regarding the policy’s impact on green innovation, and the results carry valuable policy implications.
Keywords: national innovative city policy; green technology innovation; innovation environment; enterprise R&D; influence mechanism (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)
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