Can the Establishment of Intellectual Property Demonstration Cities Stimulate Green Technology Innovation of Enterprises in China?
Jie Cai (),
Jinying Yuan (),
Cong Yu () and
Cheng Yu ()
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Jie Cai: Nanjing University of Finance and Economics
Jinying Yuan: Nanjing University of Finance and Economics
Cong Yu: Nankai University
Cheng Yu: Institute of World Economics, Jiangsu Academy of Social Sciences
Journal of the Knowledge Economy, 2025, vol. 16, issue 4, No 38, 14907-14925
Abstract:
Abstract This study focuses on whether the policy of the Intellectual Property Demonstration Cities (IPDCs) in China impacts green innovation in enterprises. Employing the panel data from China’s A-share listed companies and a time-varying difference-in-difference approach, our empirical results demonstrate that IPDC policy can foster local enterprises’ green innovation significantly through two channels, exactly augmenting the enhancing judicial protection and stimulating R&D investment. However, such an impact is more pronounced for high-tech and non-state-owned enterprises. The study carries important policy implications for the Chinese government in promoting green technology innovation in enterprises.
Keywords: Intellectual property demonstration cities; Green technology innovation; Difference-in-difference model (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s13132-024-02548-x
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