Open AccessAnalysis on the Policy Mechanism and Optimization of Green Technology Innovation in Manufacturing Industry—Based on the Data of Listed Companies in the New Energy Vehicle Industry
Author(s) -
Qiuman Lin,
Qin Liu
Publication year - 2020
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.179
H-Index - 26
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/510/3/032022
Subject(s) - subsidy , government (linguistics) , green innovation , industrial organization , business , panel data , manufacturing , research object , technology innovation , mechanism (biology) , green growth , technology policy , field (mathematics) , marketing , sustainable development , economics , market economy , philosophy , epistemology , business administration , linguistics , social science , mathematics , sociology , political science , pure mathematics , law , econometrics
Government policy is an important means to promote green technology innovation in enterprises. However, scholars are unsure whether government policy can achieve the expected results. This paper selects new energy automobile companies as the research object, collects relevant data of 28 listed companies in this field for nearly 10 years, and uses panel threshold models to empirically test the impact of environmental regulations and government subsidies on corporate green technology innovation. Research shows that environmental regulation can significantly promote green technology innovation. When the intensity of environmental regulations is appropriate, government subsidies can achieve the best drive for green technology innovation. This article reveals the influencing factors and mechanism of corporate green technology innovation from a micro perspective, providing a scientific basis for optimizing government policies and promoting the green development of Chinese manufacturing.