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Be Green to Be Innovative: The Role of Government Subsidies

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dc.contributor.author Xu Y.
dc.contributor.author Liu W.
dc.contributor.author Pu R.
dc.contributor.author Xu Y.
dc.date.accessioned 2022-03-10T13:17:39Z
dc.date.available 2022-03-10T13:17:39Z
dc.date.issued 2021
dc.identifier.issn 2296665X
dc.identifier.other 2-s2.0-85117070578
dc.identifier.uri https://ir.swu.ac.th/jspui/handle/123456789/17578
dc.identifier.uri https://www.scopus.com/inward/record.uri?eid=2-s2.0-85117070578&doi=10.3389%2ffenvs.2021.765100&partnerID=40&md5=b59bc4175607747465e3e3d285ff464b
dc.description.abstract Corporate environmental investment has long been recognized as a non-market strategy that helps secure both economic and social benefits. However, we know much less about how environmental investment affects corporate innovation. We argue that investment in environmental protection is an important source of institutional legitimacy for firms to secure government resources, thus providing financial support for corporate innovation activities. Using a sample of Chinese industrial firms, we find that firms investing more in environmental protection can receive more government subsidies and then have better innovation performance. This study emphasizes the mechanism of government resources, which enriches our understanding of the effect of environmental investment on corporate innovation. © Copyright © 2021 Xu, Liu, Pu and Xu.
dc.language en
dc.title Be Green to Be Innovative: The Role of Government Subsidies
dc.type Article
dc.rights.holder Scopus
dc.identifier.bibliograpycitation Frontiers in Environmental Science. Vol 9, No. (2021)
dc.identifier.doi 10.3389/fenvs.2021.765100


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