Improving the Innovative Performance of Renewable Energy Enterprises in China: Effects of Subsidy Policy and Intellectual Property Legislation

Xu, Xiaofeng; Chen, Xiangyu; Xu, Yi; Wang, Tao; Zhang, Yifan

doi:10.3390/su14138169

Cited by 18 publications

(8 citation statements)

References 64 publications

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“…Energy efficiency innovation can be used to reduce emissions that cause climate change and provide energy security. Countries like China have increased government subsidies as high as 40 % and intellectual property protection to promote technological innovation in the renewable energy sector [ 78 ]. It was shown that investment in energy-efficient innovation is not sustainable without appropriate protection for invention or innovation.…”

Section: Analysis Of Energy-efficient Innovation Laws In Saudi Arabiamentioning

confidence: 99%

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Intellectual property law protection for energy-efficient innovation in Saudi Arabia

Sarabdeen,

Mohamed Ishak

2024

Heliyon

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Section: Analysis Of Energy-efficient Innovation Laws In Saudi Arabiamentioning

confidence: 99%

“…The IP legislation should match the country's technological capacity and economic base which should avoid excessive legislation. Organizing IP publicity and training will attract more innovators [ 78 ].…”

Section: Policy and Legal Measures To Foster Energy Efficient Innovat...mentioning

confidence: 99%

Intellectual property law protection for energy-efficient innovation in Saudi Arabia

Sarabdeen,

Mohamed Ishak

2024

Heliyon

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“…As patent authorization is a direct indicator of a region's capacity for scientific and technological innovation, according to the approach of Xu et al [55], this study uses a logarithmic formula to evaluate the extent of regional intellectual property protection by calculating the annual patent authorization of the provincial administrative region where the enterprise is enrolled.…”

Section: (4) Moderator Variable: Intensity Of Intellectual Property P...mentioning

confidence: 99%

Government Subsidies, Green Innovation, and Firm Total Factor Productivity of Listed Artificial Intelligence Firms in China

Zhang,

Shi,

Huang

2024

Sustainability

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The world is being reshaped under global economic development driven by new advances in information technology. Artificial intelligence, an essential potential technology, will play a vital role in technological change and industrial upgrades. Exploring the relationship between government subsidies, green innovation, and total factor productivity will help us analyze government decisions’ effects and better promote artificial intelligence’s technological innovation process. Based on data from China’s listed artificial intelligence companies from 2011 to 2020, this study uses the Levinsohn–Petrin method to measure the total factor productivity of companies and analyzes the impact of government subsidies on the total factor productivity of AI companies, the mediating effect of green innovation, and the moderating effect of intellectual property protection intensity. The research results show that (1) government subsidies can promote the total factor productivity of AI enterprises; (2) green innovation capabilities play a mediating role between government subsidies and enterprise total factor productivity, and government subsidies can indirectly promote green innovation to promote the improvement of total factor productivity effectively; (3) in the AI industry, the promotion effect of government subsidies on total factor productivity is more significant among state-owned enterprises, while the impact mechanism of government subsidies on private enterprises is not significant; and (4) the intensity of intellectual property protection has played a positive moderating role in the impact of government subsidies for artificial intelligence enterprises on total factor productivity. However, the current intensity of intellectual property protection remains unable to promote improvements in enterprise total factor productivity by stimulating green innovation. The research results will help us better understand the relationship between government subsidies and the development of corporate economic benefits and promote more scientific and effective government decision-making.

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“…This is helpful to preserve the enterprise group's effective financial allocation and to lower financial waste. In addition, adequate R&D funding can boost organizations' innovation output, which in turn influences their innovation efficiency [35]. Therefore, the enterprise group has a positive influence on innovation efficiency through the internal capital market path.…”

Section: Internal Capital Market Impact Pathmentioning

confidence: 99%

The Impact of Group Control on the Effectiveness of Enterprise Innovation: An Empirical Study

Zeng

Zhang

et al. 2023

Sustainability

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Innovation has been elevated beyond the traditional forces of production, by the emergence of a new wave of industrial upgrading and the technological revolution, to become a significant force in the advancement of human society. Can an enterprise group, a significant type of industrial organization, improve the effectiveness of enterprise innovation? Here, a quantitative analysis approach was used to systematically analyze the impact of group control on enterprise innovation effectiveness and its transmission path based on the logical framework of the “policy environment-influence effect-influence path”. The study found that group control significantly improves the effectiveness of enterprise innovation compared to independently listed enterprises. The impact path showed that group control can reduce financing constraints through internal capital markets. It increases the investment in innovation and thus enhances the effectiveness of enterprise innovation. Meanwhile, internal information exchange is accelerated through the internal knowledge market, improving enterprise innovation’s effectiveness. The results of this study were still valid after robustness tests, such as propensity score matching and accounting for lag effects. According to the paper’s findings, to enhance financial support for innovation, financial market reform should be intensified. The growth of manufacturing enterprise groups should also be encouraged. Additionally, the ability of businesses to innovate while improving the internal benefits of enterprise groups and their innovation paths should be strengthened.

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Improving the Innovative Performance of Renewable Energy Enterprises in China: Effects of Subsidy Policy and Intellectual Property Legislation

Cited by 18 publications

References 64 publications

Intellectual property law protection for energy-efficient innovation in Saudi Arabia

Intellectual property law protection for energy-efficient innovation in Saudi Arabia

Government Subsidies, Green Innovation, and Firm Total Factor Productivity of Listed Artificial Intelligence Firms in China

The Impact of Group Control on the Effectiveness of Enterprise Innovation: An Empirical Study

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