Relationships between green technological innovation, renewable energy, circular economy, and green growth

IF 15.6 1区 管理学 Q1 BUSINESS
Afef BOUATTOUR , Sarra GHARBI , Maha KALAI , Kamel HELALI
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引用次数: 0

Abstract

This study employs the panel smooth threshold autoregression model to data spanning 27 European Union (EU) member states from 2000 to 2022 to investigate the nonlinear relationships between green growth and green technological innovation. This approach enables our examination of the dynamics of economies’ rise from weakness to strength. This investigation introduces a comprehensive framework that combines green technological innovation, renewable energy sources, and the circular economy into a single green growth model. The results confirm two optimal thresholds that impact how green technological innovation affects green growth, distinguishing between the three regimes. Additionally, the results demonstrate the positive influence of green technological innovation on green growth. In contrast, the study reveals a weaker effect with increasing levels of green technological innovation transitions from intermediate (Regime 2) to high (Regime 3) green growth. Furthermore, insufficient green technological innovation has not developed effective renewable energy technologies that can foster green growth. Conversely, renewable energy begins to positively affect green growth when EU countries increase green technological innovation investment. Finally, a robust regime of green technological innovation facilitates circularity and promotes EU economies’ green growth, indicating that the influence of the circular economy on green growth depends on increased green technological innovation. Practically, policymakers in EU economies should focus on sustainable innovation to promote green growth and advance the United Nations Sustainable Development Goals.
绿色技术创新、可再生能源、循环经济与绿色增长的关系
本文采用面板平滑阈值自回归模型对欧盟27个成员国2000 - 2022年的数据进行分析,探讨绿色增长与绿色技术创新之间的非线性关系。这种方法使我们能够研究经济从疲软到强劲的动态。本研究引入了一个综合框架,将绿色技术创新、可再生能源和循环经济结合到一个单一的绿色增长模型中。结果确定了影响绿色技术创新如何影响绿色增长的两个最优阈值,并区分了这三种机制。此外,研究结果还证明了绿色技术创新对绿色增长的正向影响。相比之下,研究表明,随着绿色技术创新水平的提高,从中级(制度2)到高级(制度3)绿色增长的影响减弱。此外,绿色技术创新不足,没有开发出能够促进绿色增长的有效可再生能源技术。相反,当欧盟国家增加绿色技术创新投资时,可再生能源开始对绿色增长产生积极影响。最后,健全的绿色技术创新制度有利于循环并促进欧盟经济的绿色增长,这表明循环经济对绿色增长的影响取决于绿色技术创新的增加。在实践中,欧盟经济体的政策制定者应关注可持续创新,以促进绿色增长,推进联合国可持续发展目标。
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
CiteScore
16.10
自引率
12.70%
发文量
118
审稿时长
37 days
期刊介绍: The Journal of Innovation and Knowledge (JIK) explores how innovation drives knowledge creation and vice versa, emphasizing that not all innovation leads to knowledge, but enduring innovation across diverse fields fosters theory and knowledge. JIK invites papers on innovations enhancing or generating knowledge, covering innovation processes, structures, outcomes, and behaviors at various levels. Articles in JIK examine knowledge-related changes promoting innovation for societal best practices. JIK serves as a platform for high-quality studies undergoing double-blind peer review, ensuring global dissemination to scholars, practitioners, and policymakers who recognize innovation and knowledge as economic drivers. It publishes theoretical articles, empirical studies, case studies, reviews, and other content, addressing current trends and emerging topics in innovation and knowledge. The journal welcomes suggestions for special issues and encourages articles to showcase contextual differences and lessons for a broad audience. In essence, JIK is an interdisciplinary journal dedicated to advancing theoretical and practical innovations and knowledge across multiple fields, including Economics, Business and Management, Engineering, Science, and Education.
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