Publication:
Be Green to Be Innovative: The Role of Government Subsidies

dc.contributor.authorXu Y.
dc.contributor.authorLiu W.
dc.contributor.authorPu R.
dc.contributor.authorXu Y.
dc.date.accessioned2022-03-10T13:17:39Z
dc.date.available2022-03-10T13:17:39Z
dc.date.issued2021
dc.date.issuedBE2564
dc.description.abstractCorporate 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.format.mimetypeapplication/pdf
dc.identifier.citationFrontiers in Environmental Science. Vol 9, No. (2021)
dc.identifier.doi10.3389/fenvs.2021.765100
dc.identifier.issn2296665X
dc.identifier.other2-s2.0-85117070578
dc.identifier.urihttps://hdl.handle.net/20.500.14740/8172
dc.language.isoeng
dc.rights.holderScopus
dc.titleBe Green to Be Innovative: The Role of Government Subsidies
dc.typeArticle
dspace.entity.typePublication
swu.datasource.scopushttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85117070578&doi=10.3389%2ffenvs.2021.765100&partnerID=40&md5=b59bc4175607747465e3e3d285ff464b

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