Do Clean Energy and Financial Innovation Induce SME Performance? Clarifying the Nexus between Financial Innovation, Technological Innovation, Clean Energy, Environmental Degradation, and SMEs Performance in Bangladesh

Qamruzzaman, Md.; Kler, Rajnish

doi:10.32479/ijeep.14185

Cited by 15 publications

(6 citation statements)

References 40 publications

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“…It can be inferred that countries with higher levels of institutional quality create a conducive environment for technological advancements and effective policy suggestions. Our study is supported by the exiting literature such as [7,35,38,91]. Institutional quality encompasses the robustness and effectiveness of a nation's institutions, encompassing its legal framework, regulatory environment, governance structures, and policies.…”

Section: Resultsmentioning

confidence: 59%

“…The literature review on the nexus between trade openness and technological innovation suggests a positive relationship between trade openness and technological innovation [4,6,[34][35][36][37][38][39][40][41][42]. Gong [43], Zhang, et al [44] found that economic openness promotes economic growth and innovation.…”

Section: Trade Openness Led To Technological Innovationmentioning

confidence: 99%

“…R&D investment and innovation performance provide great potential for the economic development of enterprises and countries. Whether the technologies are imported or developed independently, enterprises can increase their competitiveness and market shares by applying patented technologies [23,35,[52][53][54]. For countries, the economic effect of innovation requires the joint role of infrastructure, policies, and incentive systems.…”

Section: Trade Openness Led To Technological Innovationmentioning

confidence: 99%

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Institutional quality-led Technological Innovation in Lower-income nations: Does Trade and Education matter

Md. Qamruzzaman,

Sylvia Kor

2023

GSC Adv. Res. Rev.

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The primary objective of this study is to comprehensively examine the underlying factors that contribute to the promotion of technological advancement within these nations, with the ultimate aim of offering well-informed and efficacious policy recommendations. The present study utilizes a robust methodology, incorporating a comprehensive dataset and employing rigorous statistical analysis techniques. The study's results demonstrate a noteworthy and statistically significant correlation between institutional quality and technological innovation. This suggests that nations with more robust institutions foster an environment conducive to developing and advancing innovative practices. The present study is underpinned by a comprehensive review of existing literature, which substantiates and reinforces the significance of institutions in fostering and facilitating innovation and entrepreneurship. Moreover, the present study reveals a significant positive correlation between trade openness and technological innovation, underscoring the facilitative impact of domestic and international trade on the innovation process. Furthermore, this study elucidates the constructive impact of education on technological innovation, underscoring the significance of easily attainable and high-quality education in nurturing innovation. Based on the empirical evidence presented in this study, it is recommended that policymakers accord high priority to implementing institutional reforms, facilitating trade integration, and allocating resources towards education to effectively stimulate and nurture technological advancements within lower-income nations. Nevertheless, it is imperative to acknowledge the necessity of contemplating alternative explanations and contextual factors that might influence the interplay between these variables. This study offers significant insights that can greatly benefit policymakers and practitioners interested in fostering innovation-driven development in lower-income countries.

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Section: Resultsmentioning

confidence: 59%

Section: Trade Openness Led To Technological Innovationmentioning

confidence: 99%

Section: Trade Openness Led To Technological Innovationmentioning

confidence: 99%

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Institutional quality-led Technological Innovation in Lower-income nations: Does Trade and Education matter

Md. Qamruzzaman,

Sylvia Kor

2023

GSC Adv. Res. Rev.

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“…The nonlinear framework introduced by Shin et al [36] has gained popularity in empirical evaluation for investigating asymmetric effects. This approach has been adopted by several researchers, as evidenced by publications such as [37][38][39][40]. This study evaluates the asymmetric effects of EQ and IQ on TO by decomposing their shocks into positive and negative components, in accordance with recent research.…”

Section: Introductionmentioning

confidence: 95%

Do environmental and institutional quality attribute to inflows of FDI in Lower-Middle income Nations? Evidences from asymmetric investigation

Qamruzzaman¹

2023

GSC Adv. Res. Rev.

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The present study investigates the correlation between environmental and institutional quality and their influence on the inflow of foreign direct investment (FDI) in lower-middle income countries. Employing an asymmetric investigation approach, the study endeavors to furnish all-encompassing insights into the determinants of Foreign Direct Investment (FDI) and their diverse effects across disparate nations. Based on empirical analysis and econometric modeling, it has been determined that FDI inflows are significantly impacted by both environmental and institutional quality. Countries that exhibit superior environmental quality, characterized by effective pollution control measures and sustainable resource management, tend to attract greater levels of foreign direct investment (FDI). Likewise, robust institutional quality, distinguished by sound governance, transparent regulations, effective legal systems, and diminished corruption, has a favorable impact on the inflow of foreign direct investment (FDI). Additionally, the study reveals asymmetric effects, indicating that the correlation between FDI inflows and environmental and institutional quality varies among countries depending on their individual circumstances. The aforementioned findings emphasize the significance of tackling environmental and institutional elements in order to draw in foreign direct investment and encourage sustainable economic development. The study's conclusion suggests implementing policies to enhance environmental quality, fortify institutional frameworks, and customize strategies according to country-specific contexts to augment FDI inflows in lower-middle income nations. By implementing these measures, policymakers can establish an appealing investment environment, leverage environmental benefits, and promote sustainable development.

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“…Trade policy measures imposed by the current administration, including tariffs on imported solar panels and components, have led to increased costs for developers and delayed or canceled projects. The additional tariffs on imported steel and aluminum could also raise costs for the renewables industry (Qamruzzaman and Kler, 2023;Lin and Qamruzzaman, 2023). The continued uncertainty around trade policy will likely harm the demand for renewable energy in the United States.…”

mentioning

confidence: 99%

Clarifying the nexus between Trade Policy Uncertainty, Economic Policy Uncertainty, FDI and Renewable Energy Demand

Qamruzzaman

2024

IJEEP

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: As the world becomes increasingly aware of the need to shift towards sustainable energy sources, China and the United States are two global superpowers leading this transition. With growing populations and increasing demand for energy, these countries have recognized the importance of renewable energy in meeting their needs while reducing carbon emissions. The motivation of the study is to evaluate the impact of trade policy uncertainty on renewal energy demean in the USA and China for the period 2000-2021 by employing linear and nonlinear assessment. The test statistics derived through the cointegration test by following Bayer-Hancked and Makki's cointegration established a long-run tie in the empirical equation. Moreover, the long-run linkage was revealed with symmetry and asymmetry investigation. Referring to the coefficients of linear assessment, the study established that uncertainties have a detrimental role in clean energy demand in the long- and short-run assessment. The asymmetric association between uncertainties and REC has been documented through the execution of a standard weld test with the null of symmetry. The directional causality test established a unidirectional linkage between trade policy uncertainty and REC [TPU<- ->REC], and a bidirectional linkage between economic policy uncertainty and REC [EPU<- ->REC].

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Do Clean Energy and Financial Innovation Induce SME Performance? Clarifying the Nexus between Financial Innovation, Technological Innovation, Clean Energy, Environmental Degradation, and SMEs Performance in Bangladesh

Cited by 15 publications

References 40 publications

Institutional quality-led Technological Innovation in Lower-income nations: Does Trade and Education matter

Institutional quality-led Technological Innovation in Lower-income nations: Does Trade and Education matter

Do environmental and institutional quality attribute to inflows of FDI in Lower-Middle income Nations? Evidences from asymmetric investigation

Clarifying the nexus between Trade Policy Uncertainty, Economic Policy Uncertainty, FDI and Renewable Energy Demand

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