Innovation input, governance and climate change: Evidence from emerging countries

Afrifa, Godfred Adjapong; Tingbani, Ishmael; Yamoah, Fred A.; Appiah, Gloria

doi:10.1016/j.techfore.2020.120256

Cited by 87 publications

(40 citation statements)

References 89 publications

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“…When there is a demand for a new product or technology in the market, companies will consider their resource availability and assess whether they have sufficient resources to ensure the completion of their innovation goals. As such, innovation inputs constitute an important part of their innovation activities [17]. These inputs include research funding, inspiration and ideas as well as relevant information.…”

Section: Company Randd Input and Company Operating Incomementioning

confidence: 99%

The Effect of R&D Input on Operating Income of Chinese Wastewater Treatment Companies—With Patent Performance as a Mediating Variable

Xiao-feng

Chen

Zhu

et al. 2022

Water

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The Chinese government is actively promoting green and low-carbon transformation for economic and social development, especially in the wastewater treatment industry. This article uses regression analysis to study the impact of company R&D input on patent performance and company operating income for different regulatory environments and regions. Companies in the wastewater treatment industries of the Shanghai and Shenzhen stock exchanges from 2013 to 2020 are selected as research samples. The results show that there is a partial mediating effect of patent performance between company R&D input and company operating income; the stimulative effect of company R&D input is strongest in a high external-high internal environment; this stimulative effect is also more significant in the three strategic regions when compared with other regions. The findings suggest that company R&D input can promote company operating income. Thus, wastewater treatment enterprises should establish complete R&D systems to improve their innovative output capabilities. Enterprises in more developed regions should play a leading role in undertaking technological innovation. Furthermore, the government should formulate policies to improve the capacity of companies to conduct wastewater treatment and continue down the road of green development.

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Section: Company Randd Input and Company Operating Incomementioning

confidence: 99%

The Effect of R&D Input on Operating Income of Chinese Wastewater Treatment Companies—With Patent Performance as a Mediating Variable

Xiao-feng

Chen

Zhu

et al. 2022

Water

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“…Secondly, the Chinese government played a crucial role in managing and coordinating the national plan of carbon reduction. As Afrifa et al [34] pointed out sometimes good governance will play an important role in carbon reduction. China did well in this aspect.…”

Section: Government Leadershipmentioning

confidence: 99%

How Do Developing Countries Achieve Carbon Emission Reduction? An Examination of the Case of China and Its Replicability

Fan¹,

Guo²,

Li³

2022

Advances in Social Science, Education and Humanities Research

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In recent years, massive greenhouse gas emissions have greatly contributed to and exacerbated global climate change, posing a huge threat to human survival and development. However, for developing countries, global climate change could have even more serious consequences. It is likely to have negative economic effects for developing countries and face a dilemma where economic growth and carbon reduction are at odds with each other, if developing countries adopt carbon reduction policies. This essay uses China's carbon reduction policies and achievements as an example showing how a developing country could balance the economic development and carbon reduction, by analyzing Chinese experience through the aspects of government, market and technology. In terms the replicability of the China's success, our research reveals that the Chinese experience applied in other developing countries to balance the domestic development and carbon reduction is limited in Least Developed Countries but relatively high in more developed developing countries, such as countries in the group of BRICS.

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“…This result shows that the managers have increased their attention to environmental protection after the enterprise participating in stock market liberalization. Column (2) and Column (3) show the regression results for enterprises' green innovation in relation to SHHK and ceoatt, the results in Column (2) show that the coefficient of SHHK and ceoatt are both significantly positive at the level of 1%, and the results in Column (3) show that the coefficient of SHHK and ceoatt are both significantly positive at the levels of 5 and 1%, respectively. These results show that the connect of capital market can promote the green innovation of enterprises by drawing managers' attention to green environmental protection.…”

Section: Mechanism Analysismentioning

confidence: 99%

“…Serious environmental pollution and resource depletion pose new challenges to economic growth. Developing green innovation is a key way to achieve energy saving, pollution prevention, waste recovery, and sustainable economic growth, especially in emerging countries [ 1 , 2 , 3 ]. Research indicates that the degree of corporate green innovation is affected by factors such as government-level environmental regulations, government subsidies, and CEOs’ emphasis on environmental protection [ 4 , 5 , 6 ].…”

Section: Introductionmentioning

confidence: 99%

Stock Market Liberalization and Corporate Green Innovation: Evidence from China

Zhang

Cheng

2021

IJERPH

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Corporate green innovation is an effective way to achieve energy conservation and emission reduction. Enterprises’ willingness to pursue green innovation is increasingly affected by external factors. By using a quasi-natural experiment of China’s Stock Connect program, we investigate the impact of stock market liberalization on corporate green innovation. We find that stock market liberalization increases enterprises’ green innovation, especially for state-owned enterprises. We also find that stock market liberalization plays a stronger role in promoting the green invention patents of enterprises whose managers have overseas experience and enterprises in areas with a higher degree of openness. Our mechanism analysis suggests that stock market liberalization attracts the attention of securities analysts and increases managers’ focus on environmental protection, thereby promoting corporate green innovation. Our findings show that stock market liberalization plays an important role in the governance of firms’ non-financial behavior, which has important theoretical and practical implications.

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Innovation input, governance and climate change: Evidence from emerging countries

Cited by 87 publications

References 89 publications

The Effect of R&D Input on Operating Income of Chinese Wastewater Treatment Companies—With Patent Performance as a Mediating Variable

The Effect of R&D Input on Operating Income of Chinese Wastewater Treatment Companies—With Patent Performance as a Mediating Variable

How Do Developing Countries Achieve Carbon Emission Reduction? An Examination of the Case of China and Its Replicability

Stock Market Liberalization and Corporate Green Innovation: Evidence from China

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