How does multidimensional R&amp;D investment affect green innovation? Evidence from China

Yang, Shiwen; Yang, Can

doi:10.3389/fpsyg.2022.947108

Cited by 9 publications

(6 citation statements)

References 57 publications

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“…The resource endowment, governance environment, management characteristics, and absorptive capacity of an enterprise all affect green innovation (Amore & Bennedsen, 2016; Krueger et al, 2020; Przychodzen & Przychodzen, 2018; Shi & Yang, 2022; Shive & Forster, 2020). The technology, knowledge, infrastructure, information, and other resources owned by enterprises exert a positive driving effect on green innovation (Barney et al, 2001; Horbach et al, 2012; Lin & Chen, 2017; Muscio et al, 2017), such as InterNet development and entrepreneurship are important forces driving improvements in the efficiency of green innovation (Fang et al, 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of independent director network on corporate green innovation: Evidence from Chinese listed companies

Qiu,

2023

Corp Soc Responsibility Env

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Green innovation has an essential impact on harmonizing the relationship between the ecological environment and economic development, and alleviating environmental problems. Drawing on social network theory, this article proposes the relationship between the social network of independent directors and corporate green innovation. Using the data from listed Chinese companies from 2008 to 2020, this study finds independent directors in the center of the network can significantly promote corporate green innovation. The promotion is stronger in non‐state enterprises and heavy polluters. Further research finds that internal and external corporate contexts can influence the relationship between independent director networks and green innovation. With the more slack resources, the higher operational risk level, and the more competitive the market, the role of the independent directors' social network on corporate green innovation is stronger. This article contributes to the understanding of the impact mechanisms of corporate green innovation and also helps promote green innovation.

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Section: Literature Reviewmentioning

confidence: 99%

Impact of independent director network on corporate green innovation: Evidence from Chinese listed companies

Qiu,

2023

Corp Soc Responsibility Env

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“…Columns (1)-(3) of Table 7 describe the findings, which show that DT increases R&D investments, optimizes human resource structure, and improves the management efficiency of enterprises. These factors have been proved in previous studies to have a significant role in promoting enterprises' GI (Liu, Cao, & Fan, 2022;Peng et al, 2022;Shi & Yang, 2022). Therefore, DT can promote enterprises' GI performance by increasing R&D investments, optimizing human capital structure, and improving management efficiency.…”

Section: Mechanism Analysismentioning

confidence: 85%

Impacts of digital transformation on corporate green technology innovation: Do board characteristics play a role?

Lin,

Xie

2023

Corp Soc Responsibility Env

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Digital transformation (DT), board characteristics, and green technology innovation (GI) have a substantial impact on corporate sustainability. However, there are seemingly conflicting conclusions about how DT affects an enterprise's GI performance, and few studies have considered the moderating effect of board characteristics. We aim to explore the impact of board characteristics on the correlation between DT and GI, using a sample of 1470 listed companies in China and employing a fixed‐effects model. Our results suggest that DT significantly enhances enterprises' GI performance; DT indirectly promotes the GI performance of enterprises by increasing their R&D investments, optimizing human capital structure, and enhancing management efficiency. Additionally, board gender diversity, board size, and board educational level positively moderate the relationship between DT on GI, whereas the impact will be blunted by board age diversity. Our conclusions are of great value to promote enterprises' GI performance and realize enterprises' sustainable development.

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“…In addition, the literature shows the environmental costs of military expenditure such as in Jorgenson and Clark (2011); Rice (2007), etc. As far as R&D spending on green technology development and green capital formation is concerned, we have some good works such as those by Guo et al (2018); Shi and Yang (2022), etc. However, we did not find any such studies in the literature which focused on examining the relationship between military expenditure and green capital formation in countries, groups, or regions.…”

Section: Research Gaps and Objectivesmentioning

confidence: 99%

“…In the literature, the conservation capital investment is achieved by means of activities which lead to the generation of green capital. One of such form of green capital formation is the amount of research and development (R&D) expenditure on green technology invention (Guo et al 2018;Shi and Yang 2022). The present study intervenes in this area and aims to investigate empirically whether budgetary allocations for the military spending in the top twenty countries of the world (in terms of military power), lead to crowding-out or crowding-in situations of their budgetary allocations to green capital formations, the real guns and butter relationships for the future generations.…”

Section: Introductionmentioning

confidence: 99%

Relationships between Military Spending and Green Capital Formation: Complementary or Substitutes?

Das,

Hussain

2023

Social Sciences

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The world’s so-called rich countries have still been spending a huge sum of their budgets on military heads, in spite of there being no such fears of multilateral formal wars. Further, there is no such strong evidence that military expenditures are capable of raising the GDPs of the concerned countries. The countries, as a result, have been squeezing allotments in their budgets upon real asset building spending such as on the social sectors and natural resource development. There is thus a trade-off between military spending and real asset building. The present study examines the long-run relationships with causal interplays between military spending and green capital and also identifies the crowds-in or crowds-out effects of military spending on green capital in the top 20 military power-owning countries for the period 1991–2020. The results show the existence of long-run relations between the two in the majority of the countries and military spending makes a cause to green capital in the long run. But, for a few countries, the study observes causal interplay between military heads and green capital heads. Finally, the study finds that the militarization practices crowd out the green capital formation in eight countries and the opposite outcome, the crowding-in effects, works in twelve countries.

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How does multidimensional R&D investment affect green innovation? Evidence from China

Cited by 9 publications

References 57 publications

Impact of independent director network on corporate green innovation: Evidence from Chinese listed companies

Impact of independent director network on corporate green innovation: Evidence from Chinese listed companies

Impacts of digital transformation on corporate green technology innovation: Do board characteristics play a role?

Relationships between Military Spending and Green Capital Formation: Complementary or Substitutes?

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