2023
DOI: 10.1016/j.apenergy.2023.121265
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Government intervention and technological innovation in the wind power industry in China: The role of industrial environmental turbulence

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Cited by 17 publications
(3 citation statements)
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“…Supportive policies can mitigate the financial constraints faced by enterprises, enabling them to employ more skilled R&D personnel and acquire advanced experimental equipment through resource and certification effects (González et al, 2012; Li et al, 2021). Supportive policies also help reduce entrepreneurs' perception of risk, increase prospects of future returns, and increase the R&D investments of enterprises (Jiang & Shi, 2023; Jiang, Shi, & Liu, 2022; Wong et al, 2009). They also signal to society that supported wind power enterprises conform to government expectations, weakening information asymmetry and helping these enterprises obtain external financial support (Gao et al, 2021; Hyytinen & Toivanen, 2005).…”
Section: Discussionmentioning
confidence: 99%
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“…Supportive policies can mitigate the financial constraints faced by enterprises, enabling them to employ more skilled R&D personnel and acquire advanced experimental equipment through resource and certification effects (González et al, 2012; Li et al, 2021). Supportive policies also help reduce entrepreneurs' perception of risk, increase prospects of future returns, and increase the R&D investments of enterprises (Jiang & Shi, 2023; Jiang, Shi, & Liu, 2022; Wong et al, 2009). They also signal to society that supported wind power enterprises conform to government expectations, weakening information asymmetry and helping these enterprises obtain external financial support (Gao et al, 2021; Hyytinen & Toivanen, 2005).…”
Section: Discussionmentioning
confidence: 99%
“…This study collected 278 wind power innovation policies from 2006 to 2020, which can be divided into two categories—supportive and regulatory policies (as depicted in Figure 1) (Jiang & Liu, 2021a, 2021b; Jiang & Shi, 2023; Wang et al, 2020). Supportive policy is a direct and indirect incentive from the government to wind power enterprises, while the regulatory policy is a mandatory requirement for the technology and products of these enterprises (Jiang et al, 2022b; Wang et al, 2019, 2020).…”
Section: Methodsmentioning
confidence: 99%
“…However, such practices will ultimately obstruct the progress of the digital economy. Furthermore, a high degree of government intervention often leads to an increase in public expenditures on research and development (R&D) [54]. This, in turn, intensifies competition for innovation resources and encourages rent-seeking behavior among innovation actors [55].…”
Section: Digital Economy Green Technology Innovation and Government I...mentioning
confidence: 99%