School of Management, Jinan University, Guangzhou 510632, China.
Research Center of Low Carbon Economy for Guangzhou Region, Jinan University, Guangzhou 510632, China.
Int J Environ Res Public Health. 2022 Dec 8;19(24):16464. doi: 10.3390/ijerph192416464.
In the process of China's transformation from high-speed to high-quality development, the role of green innovation has gradually begun to receive attention. Using 2163 observations of 687 listed companies from 2016 to 2020, this paper examined whether green innovation can improve green economic efficiency. The study found that green innovation significantly reduces the green economic efficiency of enterprises. In the case of insufficient protection of innovation achievements, limited knowledge and technology accumulation, and the absence of enterprise engagement in heavily polluting production and operation activities, the negative impact of green innovation on their green economic efficiency is more significant. Moreover, upgraded production processes, a high degree of freedom of technology selection and high market competition can help alleviate the negative impact of green innovation on enterprises' green economic efficiency, and when the above three conditions are simultaneously met, green innovation significantly promotes the green economic efficiency of enterprises. The above findings are contradictory to the assumption of most literature intuitively. However, after a series of tests, this paper found that green innovation can still stimulate overall environmental and economic performance in some conditions. Starting from the microenterprise level and based on actual emissions data, this paper examines whether and how green innovation affects high-quality development. The findings are of great significance to academic research, policy formulation, and enterprise production and operation.
在中国从高速发展向高质量发展转型的过程中，绿色创新的作用逐渐开始受到关注。本文利用 2016 年至 2020 年 687 家上市公司的 2163 个观测值，考察了绿色创新是否能提高绿色经济效率。研究发现，绿色创新显著降低了企业的绿色经济效率。在创新成果保护不足、知识和技术积累有限以及企业没有参与重污染生产经营活动的情况下，绿色创新对其绿色经济效率的负面影响更为显著。此外，升级的生产工艺、高度的技术选择自由和激烈的市场竞争有助于缓解绿色创新对企业绿色经济效率的负面影响，而且当上述三个条件同时满足时，绿色创新会显著促进企业的绿色经济效率。上述发现与大多数文献的直观假设相矛盾。然而，经过一系列测试，本文发现绿色创新在某些条件下仍然可以刺激整体环境和经济绩效。本文从微观企业层面出发，基于实际排放数据，考察了绿色创新是否以及如何影响高质量发展。研究结果对于学术研究、政策制定和企业生产经营具有重要意义。
