Research on the Influence Mechanism of New Energy Vehicle Promotion Policy

被引:0
作者
Xue, Yawei [1 ]
Zhu, Chunqian [1 ]
Lu, Yuchen [1 ]
机构
[1] Qingdao Univ Technol, Sch Management Engn, Qingdao 266520, Peoples R China
关键词
corporate social responsibility; financing constraint; R&D investment; green technology innovation of new energy enterprises; promotion policy; GREEN INNOVATION; CHINA; PERFORMANCE; SUBSIDIES; IMPACT;
D O I
10.3390/su17083699
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
In recent years, China has actively advanced the new energy vehicle industry to achieve its "dual carbon" objectives via a green revolution. The growth of green technical innovation by new energy vehicle enterprises has emerged as a significant national support project, and it has implemented a number of new energy vehicle promotion policies. Therefore, it is essential to investigate if promotional policies encourage the development of green technologies in businesses. China's 2016 "New Energy Vehicle Promotion Catalogue" serves as the policy's temporal shock point, and data from Chinese-listed new energy vehicle companies from 2011 to 2022 are used in this study. The effect and mechanism of the new energy vehicle promotion strategy on developing green technologies in businesses are investigated using a double difference model. As per the research, the promotion policy substantially enhances the green technological innovation of new energy vehicle firms. It can augment the level of R&D investment and alleviate financing constraints for enterprises, and enterprises' social responsibility can act as a positive moderator for the promotion policy and enterprise green technological innovation. Finally, it has a more apparent positive impact on the green technological innovation of major companies and non-state-owned enterprises compared to state-owned firms. Additionally, it is more evident that enterprises are raising green technology innovation in the eastern and central regions.
引用
收藏
页数:20
相关论文
共 70 条
  • [1] Ambec I., 2006, Energy Studies Review, V14, P42, DOI DOI 10.15173/ESR.V14I2.493
  • [2] A theoretical foundation of the Porter hypothesis
    Ambec, S
    Barla, P
    [J]. ECONOMICS LETTERS, 2002, 75 (03) : 355 - 360
  • [3] External knowledge sources, green innovation and performance
    Ben Arfi, Wissal
    Hikkerova, Lubica
    Sahut, Jean-Michel
    [J]. TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, 2018, 129 : 210 - 220
  • [4] The impact of environmental policy instruments on innovation: A review of energy and automotive industry studies
    Bergek, Anna
    Berggren, Christian
    [J]. ECOLOGICAL ECONOMICS, 2014, 106 : 112 - 123
  • [5] Emissions and energy impacts of the Inflation Reduction Act
    Bistline, John
    Blanford, Geoffrey
    Brown, Maxwell
    Burtraw, Dallas
    Domeshek, Maya
    Farbes, Jamil
    Fawcett, Allen
    Hamilton, Anne
    Jenkins, Jesse
    Jones, Ryan
    King, Ben
    Kolus, Hannah
    Larsen, John
    Levin, Amanda
    Mahajan, Megan
    Marcy, Cara
    Mayfield, Erin
    McFarland, James
    McJeon, Haewon
    Orvis, Robbie
    Patankar, Neha
    Rennert, Kevin
    Roney, Christopher
    Roy, Nicholas
    Schivley, Greg
    Steinberg, Daniel
    Victor, Nadejda
    Wenzel, Shelley
    Weyant, John
    Wiser, Ryan
    Yuan, Mei
    Zhao, Alicia
    [J]. SCIENCE, 2023, 380 (6652) : 1324 - 1327
  • [6] REGULATION AS A MEANS FOR THE SOCIAL-CONTROL OF TECHNOLOGY
    BRAUN, E
    WIELD, D
    [J]. TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT, 1994, 6 (03) : 259 - 272
  • [7] Chao Y., 2024, Mod. Bus. Trade Ind, V21, P142
  • [8] Chen L.Z., 2015, Sci. Sci. Manag. S T, V36, P15
  • [9] The driver of green innovation and green image - Green core competence
    Chen, Yu-Shan
    [J]. JOURNAL OF BUSINESS ETHICS, 2008, 81 (03) : 531 - 543
  • [10] The influence of green innovation performance on corporate advantage in Taiwan
    Chen, Yu-Shan
    Lai, Shyh-Bao
    Wen, Chao-Tung
    [J]. JOURNAL OF BUSINESS ETHICS, 2006, 67 (04) : 331 - 339