Development of Ecosystem for Corporate Green Innovation: Resource Dependency Theory Perspective

Gao, Deyu; Wong, Christina W.Y.; Lai, Kee‐hung

doi:10.3390/su15065450

Cited by 11 publications

(7 citation statements)

References 118 publications

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“…Thus, the overall finding of this paper is that the mismatch between firm environmental efforts and government subsidies consumes and locks in firms' additional scarce cognitive resources. Recent literature has highlighted the increasing attention given to environmental protection (Gao et al, 2023; Pan et al, 2022; Yang et al, 2022). However, it is important to consider that excessive and radical government interventions in the implementation process may have counterproductive effects (Tian et al, 2022; Yang et al, 2023).…”

Section: Discussionmentioning

confidence: 99%

Corporate environmental efforts, government environmental subsidies, and corporate non‐environmental R&D intensity: Evidence from listed firms

Chen

Wong

2023

Business Ethics Env & Resp

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Drawing on the behavioral theory, this study examines how the misalignment between a firm's environmental effort and the level of subsidies received from the government in affecting the firm's investment in non‐environmental R&D. Based on a sample of Chinese A‐share listed firms from 2008 to 2019 and using polynomial regression techniques, our findings reveal that firms in the “low effort‐high subsidies” group exhibit lower non‐environmental R&D intensity compared to firms in the “high effort‐low subsidies” group. This study contributes to the literature by shedding light on the interplay between corporate environmental efforts, government subsidies, and non‐environmental R&D investment. The findings suggest the importance of aligning the environmental efforts of firms with subsidy levels from the government to effectively allocate resources for different types of R&D. The implications of this research suggest that firms should carefully consider aligning their environmental efforts with government subsidies to optimize their investment in non‐environmental R&D and overall innovation strategy. Furthermore, the study indicates that firms and governments should prudently balance the relationship between environmental R&D and non‐environmental R&D to avoid any negative impact on the latter.

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Section: Discussionmentioning

confidence: 99%

Corporate environmental efforts, government environmental subsidies, and corporate non‐environmental R&D intensity: Evidence from listed firms

Chen

Wong

2023

Business Ethics Env & Resp

Self Cite

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“…The data cover the 2000-2019 period. There are two reasons: first, green patents represent a direct reflection of enterprises' green technology innovation endeavors [31], which are quantifiable and have spillover effects within and outside the industry. Furthermore, in comparison to R&D investments, patents offer distinct advantages due to their precise technical classifications.…”

Section: Explanatory Variablesmentioning

confidence: 99%

Impact of Low-Carbon City Pilot Policies on Green Construction Industry Innovation

Ma,

Zhu

2024

Sustainability

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The building industry, as one of the fundamental and pivotal sectors of economic development in China, is also a high source of pollution emissions. Therefore, construction enterprises play a pivotal role in urban low-carbon development, and green innovation is an effective approach for these corporations to meet emission reduction targets and enhance economic benefits. This study primarily focused on the panel data of Chinese construction companies from 2000 to 2019. This study applied a multi-period double difference model. The purpose of this study was to investigate the impact of piloting low-carbon city policies on green innovations in the construction sector. The results indicate that the policy clearly advanced the green development of enterprises in the construction industry, and this effect persisted even after undergoing long-term robustness tests. The heterogeneity test results revealed that the pilot policy has been more effective in promoting green innovation for SOEs as well as for construction companies that are in the process of maturing.

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“…The number of phrases and critical terms in government reports reflects the concerns of decision makers regarding public affairs. Then, the green collaborative innovation of various entities can be promoted [46]. Second, the impact of government subsidies on enterprise green innovation mainly occurs through three channels, namely, financial support, signaling, and resource acquisition [47,48].…”

Section: Knowledge Providers and Influencersmentioning

confidence: 99%

Review and Prospects of Green Innovation Ecosystems from the Perspective of Value Emergence

Zhou,

2024

Systems

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With the rise of research on the integration of emergence theory and complex systems, value emergence has become a new model of value creation in green innovation ecosystems. Exploring the research status of green innovation ecosystems from the perspective of value emergence has become a research hotspot in the field of management science. Therefore, the purpose of this paper is to use bibliometric methods, explore the current research status of green innovation ecosystems from the perspective of value emergence, and, more importantly, provide a future direction for the integration of emergence theory into complex systems. In this paper, a search was conducted in the Web of Science and CNKI databases, with a time limit from 2009 to May 2023, and through further screening, 159 articles were collected, and CiteSpace software (CiteSpace.6.3.R1) was used for visualizing and exploring bibliometric networks. This study innovatively introduce the value emergence perspective in the context of green innovation ecosystems. The basic interaction, dynamic promotion, and feedback loop of value emergence are taken as the research framework, and the generation mechanism and dynamic evolution of the green innovation ecosystem are analyzed. Finally, three prospects for future research are presented: How do green innovation entities generate basic resources? How do digital transformation and dynamic capabilities promote emerging value? How do internal models and external identifiers promote feedback loops? This paper is highly important for promoting theoretical exploration in the field of green innovation research.

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Development of Ecosystem for Corporate Green Innovation: Resource Dependency Theory Perspective

Cited by 11 publications

References 118 publications

Corporate environmental efforts, government environmental subsidies, and corporate non‐environmental R&D intensity: Evidence from listed firms

Corporate environmental efforts, government environmental subsidies, and corporate non‐environmental R&D intensity: Evidence from listed firms

Impact of Low-Carbon City Pilot Policies on Green Construction Industry Innovation

Review and Prospects of Green Innovation Ecosystems from the Perspective of Value Emergence

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