The effects of environmental performance and green innovation on corporate venture capital

Government environmental concerns and corporate green innovation: Evidence from heavy‐polluting enterprises in China

“…Compared with other industries, heavy‐polluting industries are the worst affected in terms of pollution discharge, and the negative externalities are still significant, which is an important vehicle for promoting green innovation and transformation by the government (Zhang, Deng, & Wu, 2022). As a combination of corporate green development and innovation development, green innovation is the innovation of green product design and processes (Lee et al, 2023; Zeng et al, 2023), which has obvious positive externalities and is an important strategic orientation for firms to respond to government environmental concerns (Benkraiem et al, 2023). Therefore, it is important to further study the impact of the government's environmental concerns on heavy‐polluting firms' green innovation in order to achieve a win–win situation for both the competitiveness of firms and environmental protection.…”

“…the innovation of green product design and processes (Lee et al, 2023;Zeng et al, 2023), which has obvious positive externalities and is an important strategic orientation for firms to respond to government environmental concerns (Benkraiem et al, 2023). Therefore, it is important to further study the impact of the government's environmental concerns on heavy-polluting firms' green innovation in order to achieve a win-win situation for both the competitiveness of firms and environmental protection.…”

The impact of green innovation initiatives on competitiveness and financial performance of the land transport industry

“…Xie et al [ 69 ] also recognized that although the initial costs of deploying new environmental technologies are often higher, a positive association between green innovations and financial performance will emerge over time. Additionally, according to Benkraiem et al [ 98 ], reducing emissions over time benefits businesses financially, and corporate investors offer financial incentive to support green innovation. The R 2 value of 0.409 demonstrates a meaningful relationship between variables [ 99 ].…”

Assessment of green technology innovation on energy-environmental efficiency in China under the influence of environmental regulation considering spatial effects

“…GTI, as a major driver of sustainable development, has garnered widespread attention from scholars across various fields. Firstly, green innovation not only enhances a company’s environmental performance 20 , profitability 21 , and core competitiveness of enterprises 22 , but also contributes to total factor carbon productivity in high-income economies 23 , and carbon performance 24 . The main reason behind this is that green innovation propels companies to adopt more environmentally friendly production and operational methods, reducing resource waste and pollution emissions, thus improving environmental performance.…”