Learn to be green: FDI spillover effects on eco-innovation in China

IF 2.8 4区管理学 Q2 BUSINESS

Industrial and Corporate Change Pub Date : 2023-08-31 DOI:10.1093/icc/dtad047

Lichao Wu, Lili Wang, Lan Lin

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引用次数: 0

Abstract

Abstract Global knowledge flows are not only important in promoting economic activities but also in addressing global environmental issues. In order to examine the mechanisms of how firms in emerging economies can learn from global partners in finding solutions to environmental challenges, we explore a rich data set covering nearly 190,595 Chinese firms and analyze the knowledge flows that local firms received from foreign firms in developing eco-innovations. We examine both knowledge flows in the same industry and those in the up- and down-stream industries, and, in particular, provide a nuanced consideration around the under-explored industrial conditions and regional institutions of technology spillovers and domestic eco-innovation. We find clear evidence that foreign green technology spillovers have a positive impact on the eco-innovation of domestic firms in China. This superior performance is particularly pronounced in certain industries (e.g., technology-intensive, pollution-intensive, and highly competitive) and cities with higher levels of environmental regulation stringency. Our results show that domestic firms differ significantly in the extent to which they benefit from global knowledge flows.

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学会绿色:FDI对中国生态创新的溢出效应

全球知识流动不仅对促进经济活动，而且对解决全球环境问题具有重要意义。为了研究新兴经济体企业如何向全球合作伙伴学习以寻求环境挑战解决方案的机制，我们研究了涵盖近190,595家中国企业的丰富数据集，并分析了本土企业在发展生态创新时从外国企业那里获得的知识流动。我们考察了同一行业的知识流动以及上下游行业的知识流动，特别是对未充分开发的行业条件和技术溢出和国内生态创新的区域机构进行了细致入微的考虑。研究发现，国外绿色技术溢出对中国本土企业的生态创新具有显著的正向影响。这种优越的表现在某些行业(例如技术密集型、污染密集型和竞争激烈的行业)和环境管理严格程度较高的城市尤为明显。我们的研究结果表明，国内企业从全球知识流动中受益的程度存在显著差异。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Industrial and Corporate Change Multiple-

CiteScore

5.10

自引率

4.00%

发文量

期刊介绍： The journal covers the following: the internal structures of firms; the history of technologies; the evolution of industries; the nature of competition; the decision rules and strategies; the relationship between firms" characteristics and the institutional environment; the sociology of management and of the workforce; the performance of industries over time; the labour process and the organization of production; the relationship between, and boundaries of, organizations and markets; the nature of the learning process underlying technological and organizational change.