Heterogeneous knowledge spillover channels in universities and green technology innovation in local firms: Stimulating quantity or quality?

Sluggish status of green technology development has stimulated research into new incentives and pathways. Beyond the traditional regulatory-push and demand-pull approaches, we reposition the strength of the technology push. Based on the innovation diffusion theory, a multidimensional path model of knowledge spillover in universities is constructed, and the impact of heterogeneous knowledge spillover channels on green innovation activities of local firms is discussed. We find that R&D collaboration has a significant effect on local firms' quality but not the quantity of green innovation. Contrarily, patent citations and technology transfer have unequal positive effects on the quantity of green innovation of local firms, while there is no evidence that they can also improve the quality of green innovation. Despite regional disparities, strict environmental regulations are pushing companies to cite university patents in some regions. The university knowledge stock has largely contributed to both quantitative and qualitative advances in subsequent green innovation in local firms. Our conclusions provide a precise and objective evaluation of the impact mechanism of multiple knowledge spillover channels in universities on firms' green innovation, as well as a reference for the selection of the form of industry-university-research collaboration.