Decomposition Analysis of Green Technology Innovation from Green Patents in China

Aiping, Chen

doi:10.1155/2021/6672656

Cited by 4 publications

(4 citation statements)

References 55 publications

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“…Some scholars suggested that to distinguish between inter-organizational and intra-organizational relationships caused by non-green innovation, green patents should be regarded as an indicator of green innovation [ 53 ]. Therefore, in this study, we drew on the studies of some other scholars [ 54 , 55 ] and used the natural logarithm of the number of environmental green patent applications to measure the level of green innovation across countries.…”

Section: Methodsmentioning

confidence: 99%

How Government Size Expansion Can Affect Green Innovation—An Empirical Analysis of Data on Cross-Country Green Patent Filings

Wen

Zhang

et al. 2022

IJERPH

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The expansion of government size will have dual effects on a country’s green innovation. An appropriately sized government size increases marginal productivity and stimulates the development of green innovation by increasing government expenditure. On the contrary, an excessively sized government creates a huge administrative agency, which not only increases the tax burden but also damages social welfare by excessive intervention. Therefore, the effect of government size on green innovation is not linear. In order to prove this proposition, this study examines the impact of government size on green innovation in 166 countries between 1995 and 2018, using a two-way fixed effects model. The results reveal an inverted U-shaped relationship between government size and the level of green innovation, indicating that optimal government size may maximize a country’s green innovation output. The results further suggest that this inverted U-shaped relationship is mainly influenced by environmental regulations and financial support. Finally, our heterogeneity analysis demonstrates that the inverted U-shaped relationship is more pronounced for countries with high organizational inertia and more R&D expenditure than for those with low organizational inertia and less R&D expenditure. This finding makes up for the research gap between government size and green innovation and provides a reference for countries to formulate the optimal government size to improve the level of green innovation.

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Section: Methodsmentioning

confidence: 99%

How Government Size Expansion Can Affect Green Innovation—An Empirical Analysis of Data on Cross-Country Green Patent Filings

Wen

Zhang

et al. 2022

IJERPH

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“…Global studies Studies that did not mention names of countries' studies (Mehta et al, 2019;Prajapati et al, 2021;) (Ahmad, 2021;Avotra et al, 2021;Cai et al, 2019;Cao et al, 2021;Cao and Niu, 2022;Chang et al, 2021;Chen and Chen, 2021;Chen et al, 2019;Dong et al, 2020;Feng et al, 2021;Geng et al, 2022;Huang and Chen, 2022;Jin, 2021;Kung et al, 2022;Lee et al, 2022;Li and Zhao, 2021;Li et al, 2020;Li et al, 2022;Ma et al, 2021;Pan et al, 2021;Qu et al, 2022;Ren et al, 2020;Shao and Xue, 2022;Tu et al, 2021;G. Wang et al, 2022;L.…”

Section: Studies Conducted In Panel Of Countries Along With Indiamentioning

confidence: 99%

“…On the other hand, green financing also promotes green technology innovations (energy, transport, construction, wastewater treatment, chemical processing, and material innovation), which are significant tech developments and breakthroughs advancing efforts to decarbonization and elevating green growth (Badri Shah, 2021;Chen and Chen, 2021;Debrah et al, 2022;Jin, 2021;Li et al, 2020;Ma et al, 2021;Zhou et al, 2020;. Followed the studies by (Al Mamun et al, 2022;Chang et al, 2021;Lin et al, 2023;Nawaz et al, 2021;Zhang et al, 2022) reveal that green financing efforts are critical in minimizing the impacts of climate change and fostering sustainable growth.…”

Section: Introduction 1background and Context Of The Studymentioning

confidence: 99%

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A Systematic Review on Nexus Between Green Finance and Climate Change: Evidence from China and India

Shah

Jirakiattikul

Techato

et al. 2023

IJEEP

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The efforts of developing economies are mainly concerned with integrating different socio-economic requirements. In contrast, those economies only concentrate on the immediate impact to be resolved instead of focusing on efforts to mitigate long-run effects such as climate change: a global challenge due to long-term shifts in weather and temperature pattern. Climate change has resulted in global warming, severe storms, and increased droughts, including risks to human health, loss of biodiversity, poverty, and displacement, whereby green finance is considered a primary solution to mitigate such problems that can ensure sustainable environmental outcomes while promoting the agenda of, decarbonization, green tech innovation, green financial innovation, and green growth. This systematic review paper studies the nexus between green finance and climate change in China and India. This article follows Preferred Reporting Items for Systematic Review and Meta-Analysis (PRISMA) guidelines and reviews Scopus and Web of Science indexed peer-reviewed articles of five years published from 2018 AD to 2022 AD and 58 full-text articles were reviewed. The paper's significant findings reveal that innovation in finance and technology are the major frontiers of green financing that are critical in addressing the problems of climate change. It is environmental regulations that accentuate the process of green financial innovation and green technology innovation. However, green financial innovation is also a catalyst for green technology innovation. Green financial innovations are related to developing and innovating green financial products such as green bonds or loans, green insurance or securities, ESG rating, perception of environmental issues, and carbon drifting. On the other hand, green tech innovations are innovations in energy, transport, construction, and buildings. Innovations in technology and finance backed by environmental regulations strengthen the effort toward decarbonization. Regulatory interventions in green financing have more pronounced effects on emission reduction. Such actions are oriented towards green growth where the desired sustainable outcomes are realized regarding climate change adaptation, mitigation, or carbon neutrality.

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Exploring the impact of ESG ratings on enterprises' green technology innovation

Zhao,

Fu,

Fang

et al. 2024

Environ Dev Sustain

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Decomposition Analysis of Green Technology Innovation from Green Patents in China

Cited by 4 publications

References 55 publications

How Government Size Expansion Can Affect Green Innovation—An Empirical Analysis of Data on Cross-Country Green Patent Filings

How Government Size Expansion Can Affect Green Innovation—An Empirical Analysis of Data on Cross-Country Green Patent Filings

A Systematic Review on Nexus Between Green Finance and Climate Change: Evidence from China and India

Exploring the impact of ESG ratings on enterprises' green technology innovation

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