Achieving carbon neutrality: How does the construction of national high-tech zones affect the green innovation of enterprises? Based on quasi-natural experiments in pilot areas in China
From the standpoint of green patents, verifying the influence of the construction of national high-tech zones on the degree of green innovation of enterprises is of enormous theoretical and practical importance. We construct a multi-period two-difference model to assess the influence of the national...
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2023-01-01
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| Series: | Frontiers in Ecology and Evolution |
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| Online Access: | https://www.frontiersin.org/articles/10.3389/fevo.2022.1097243/full |
| _version_ | 1797961514746904576 |
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| author | Baoliu Liu Xin Jin Pu Zhao Zhou Li Jing Xia |
| author_facet | Baoliu Liu Xin Jin Pu Zhao Zhou Li Jing Xia |
| author_sort | Baoliu Liu |
| collection | DOAJ |
| description | From the standpoint of green patents, verifying the influence of the construction of national high-tech zones on the degree of green innovation of enterprises is of enormous theoretical and practical importance. We construct a multi-period two-difference model to assess the influence of the national high-tech zone policy’s implementation on enterprises’ levels of green innovation. The outcomes of the study show that: first, the establishment of national high-tech zones greatly increases the level of green innovation among enterprises. While the effect on green and practical patents is average, the effect on green invention patents is more obvious. Second, how enterprises in national high-tech zones promote green innovation varies significantly. Promotional effects are more prominent in Tier 1 and Tier 2 regions, non-state firms, and high-tech industries with significant economic development. State-owned enterprises, non-high-tech industries, and third-tier and lower-tier regions, on the other hand, fared brilliantly. Third, additional action mechanisms show that the establishment of national high-tech zones can contribute to the institutional environmental effects of enterprises and the concentration of green innovation elements, thereby realizing regional green innovation development. Thus, our research provides an empirical foundation for stimulating the formation of national high-tech zones, increasing firms’ ability to innovate on their own, and nurturing the long-term growth of national high-tech zones and associated businesses. |
| first_indexed | 2024-04-11T00:59:19Z |
| format | Article |
| id | doaj.art-f07bfbae380c40aeb5634755dee629c3 |
| institution | Directory Open Access Journal |
| issn | 2296-701X |
| language | English |
| last_indexed | 2024-04-11T00:59:19Z |
| publishDate | 2023-01-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Ecology and Evolution |
| spelling | doaj.art-f07bfbae380c40aeb5634755dee629c32023-01-04T20:30:09ZengFrontiers Media S.A.Frontiers in Ecology and Evolution2296-701X2023-01-011010.3389/fevo.2022.10972431097243Achieving carbon neutrality: How does the construction of national high-tech zones affect the green innovation of enterprises? Based on quasi-natural experiments in pilot areas in ChinaBaoliu Liu0Xin Jin1Pu Zhao2Zhou Li3Jing Xia4School of Economics and Management, Beijing University of Technology, Beijing, ChinaSchool of Finance and Taxation, Zhongnan University of Economics and Law, Wuhan, ChinaFaculty of Business, Economics and Accountancy, Universiti Malaysia Sabah, Kota Kinabalu, Sabah, MalaysiaArts and Society, University of Sydney, Darlington, NSW, AustraliaThe Newcastle Business School, The University of Newcastle, Callaghan, NSW, AustraliaFrom the standpoint of green patents, verifying the influence of the construction of national high-tech zones on the degree of green innovation of enterprises is of enormous theoretical and practical importance. We construct a multi-period two-difference model to assess the influence of the national high-tech zone policy’s implementation on enterprises’ levels of green innovation. The outcomes of the study show that: first, the establishment of national high-tech zones greatly increases the level of green innovation among enterprises. While the effect on green and practical patents is average, the effect on green invention patents is more obvious. Second, how enterprises in national high-tech zones promote green innovation varies significantly. Promotional effects are more prominent in Tier 1 and Tier 2 regions, non-state firms, and high-tech industries with significant economic development. State-owned enterprises, non-high-tech industries, and third-tier and lower-tier regions, on the other hand, fared brilliantly. Third, additional action mechanisms show that the establishment of national high-tech zones can contribute to the institutional environmental effects of enterprises and the concentration of green innovation elements, thereby realizing regional green innovation development. Thus, our research provides an empirical foundation for stimulating the formation of national high-tech zones, increasing firms’ ability to innovate on their own, and nurturing the long-term growth of national high-tech zones and associated businesses.https://www.frontiersin.org/articles/10.3389/fevo.2022.1097243/fullcarbon neutralitynational high-tech zonecorporate green innovationdouble difference modelgovernment policies |
| spellingShingle | Baoliu Liu Xin Jin Pu Zhao Zhou Li Jing Xia Achieving carbon neutrality: How does the construction of national high-tech zones affect the green innovation of enterprises? Based on quasi-natural experiments in pilot areas in China Frontiers in Ecology and Evolution carbon neutrality national high-tech zone corporate green innovation double difference model government policies |
| title | Achieving carbon neutrality: How does the construction of national high-tech zones affect the green innovation of enterprises? Based on quasi-natural experiments in pilot areas in China |
| title_full | Achieving carbon neutrality: How does the construction of national high-tech zones affect the green innovation of enterprises? Based on quasi-natural experiments in pilot areas in China |
| title_fullStr | Achieving carbon neutrality: How does the construction of national high-tech zones affect the green innovation of enterprises? Based on quasi-natural experiments in pilot areas in China |
| title_full_unstemmed | Achieving carbon neutrality: How does the construction of national high-tech zones affect the green innovation of enterprises? Based on quasi-natural experiments in pilot areas in China |
| title_short | Achieving carbon neutrality: How does the construction of national high-tech zones affect the green innovation of enterprises? Based on quasi-natural experiments in pilot areas in China |
| title_sort | achieving carbon neutrality how does the construction of national high tech zones affect the green innovation of enterprises based on quasi natural experiments in pilot areas in china |
| topic | carbon neutrality national high-tech zone corporate green innovation double difference model government policies |
| url | https://www.frontiersin.org/articles/10.3389/fevo.2022.1097243/full |
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