Driving the Green Transformation of Enterprises: The Role of Patent Insurance

Junhao Zhong, Zhenzhen Wang and Yunfeng Deng

Managerial and Decision Economics, 2025, vol. 46, issue 2, 1373-1391

Abstract: We verified the effect of patent insurance policy implementation on corporate green transformation, using a dataset of Chinese‐listed companies from 2007 to 2019. Using double/debiased machine learning and text analysis, we found that the pilot policy of patent insurance has a significant positive impact on the green transformation of enterprises. This effect is significant in heavily polluting industries, eastern regions, state‐owned enterprises, and companies in a growth stage. The patent insurance pilot policy promotes corporate green transformation by alleviating financing constraints, reducing operational risks, and increasing green output.

Date: 2025
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/mde.4439

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:wly:mgtdec:v:46:y:2025:i:2:p:1373-1391

Access Statistics for this article

Managerial and Decision Economics is currently edited by Antony Dnes

More articles in Managerial and Decision Economics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().