从社会网络到可持续解决方案：揭示社会资本对绿色创新的影响

IF 5.2 1区经济学 Q1 ECONOMICS

中国经济评论 Pub Date : 2025-06-30 DOI:10.1016/j.chieco.2025.102496

Yuanshun Li , Liang Liu , Xinyuan Li , Aoran Zhang

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引用次数: 0

摘要

本研究考察了省级社会资本对企业绿色创新努力的影响。利用2003 - 2022年沪深两市4695家上市公司的面板数据，分析发现区域社会资本与当地企业绿色创新活动之间存在显著的正相关关系。机制分析表明，政府补贴和高管绿色背景推动了这一正向关系。此外，我们发现成功授予绿色专利可以转化为中国企业卓越的财务和环境绩效。总的来说，这些发现为社会资本在塑造企业绿色创新产出中的关键作用提供了新的视角，并为利用社会资本促进可持续发展举措提供了实际意义。

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From social networks to sustainable solutions: Unpacking the influence of social capital on green innovation

This study examines how provincial-level social capital influences firm's green innovation effort. Utilizing panel data from 4695 companies listed on the Shanghai and Shenzhen stock exchanges between 2003 and 2022, the analysis reveals a strong and positive relationship between regional social capital and green innovation activities among local enterprises. Mechanism analyses suggest that government subsidies and executives' green backgrounds drive this positive relationship. Furthermore, we find that successfully granted green patents translate into superior financial and environmental performance for Chinese firms. Overall, these findings offer novel perspectives on the pivotal role of social capital in shaping businesses' green innovation output and yielding practical implications for leveraging social capital to promote sustainability initiatives.

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来源期刊

中国经济评论 ECONOMICS-

CiteScore

10.60

自引率

4.40%

发文量

380

期刊介绍： The China Economic Review publishes original works of scholarship which add to the knowledge of the economy of China and to economies as a discipline. We seek, in particular, papers dealing with policy, performance and institutional change. Empirical papers normally use a formal model, a data set, and standard statistical techniques. Submissions are subjected to double-blind peer review.