How Does Environmental Regulation Affect the Relationship between FDI and Technological Innovation: From the Perspective of Technology Transactions

Many studies have found that FDI can reduce the pollutant emissions of host countries. At the same time, the intensity of environmental regulation would affect the emission reduction effect of FDI in the host country. This study aims to reveal the internal mechanisms of this effect. Specifically, this paper studies the impact of FDI on technological innovation in China’s industrial sectors from the perspective of technology transactions from 2001 to 2019, and then analyzes whether the intensity of environmental regulation can promote the relationship. Results indicate that FDI promotes technological innovation through technology transactions. In addition, it finds that the intensity of environmental regulation significantly positively moderates the relationship between FDI and technological innovation, which is achieved by positively moderating the FDI–technology transaction relationship. Regional heterogeneity analysis is further conducted, and results show that in the eastern and western regions of China, FDI can stimulate technological innovation within regional industrial sectors through technology trading. Moreover, environmental regulation has a significant positive regulatory effect on the above relationship, but these effects are not supported by evidence in the central region of China.

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Can Environmental Regulation Flexibility Explain the Porter Hypothesis?—An Empirical Study Based on the Data of China’s Listed Enterprises

Sustainability ◽

10.3390/su11082214 ◽

2019 ◽

Vol 11 (8) ◽

pp. 2214 ◽

Cited By ~ 4

Author(s):

Guichuan Zhou ◽

Wendi Liu ◽

Liming Zhang ◽

Kaiwen She

Keyword(s):

Environmental Regulation ◽

Technological Innovation ◽

Business Performance ◽

Negative Impact ◽

Moderating Effect ◽

Mediating Effect ◽

Porter Hypothesis ◽

Negative Effects ◽

The Impact ◽

The Relationship

Previous studies indicate that the Porter hypothesis (PH) generates controversial and inconsistent conclusions on the impact of environmental regulation (ER) on business performance. As a result, based on the data of China’s A-share listed companies from 2016 to 2018, a moderated mediating effect model is established to examine the relationship between ER, technological innovation and business performance, as well as the moderating effect of environmental regulation flexibility (ERF) on the relationship. Results show that technological innovation has a significant mediating effect on the relationship between ER and business performance. Furthermore, ERF has a negative moderating effect on the mediating effect technological innovation exerted. At a certain degree, the flexible ER could weaken technological innovation’s mediating effects on the relationship between ER and business performance, and further could mitigate the negative impact of ER on both technological innovation and business performance. Also, an inflexible ER intensifies its negative effects on technological innovation and business performance, which is to the disadvantage of enterprises becoming the subject of environmental protection consciously and sustainably.

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FDI, Spillover Effect and Green Total Factor Productivity (GTFP) - Research from the Perspective of Regional Heterogeneity

E3S Web of Conferences ◽

10.1051/e3sconf/202129203051 ◽

2021 ◽

Vol 292 ◽

pp. 03051

Author(s):

Hang Xiao ◽

Xiangjian Zhang

Keyword(s):

Environmental Regulation ◽

Spillover Effect ◽

Spillover Effects ◽

Bottom Line ◽

Regional Heterogeneity ◽

Green Development ◽

Starting Point ◽

Mechanism Of Impact ◽

The Impact ◽

The Relationship

The report of the 19th National Congress of the Communist Party of China emphasized the need to promote green development and strengthen the environmental protection system. China’s introduction of foreign investment has gradually shifted from emphasis on “quantity” to “quality” in the context of the new normal. In view of this, this paper discussed the mechanism of impact of FDI on China’s regional GTFP with the relationship between FDI and the regional GTFP as the logic starting point. The research results show that FDI has in general exerted a “pollution halo” effect in China, which affects the regional GTFP through technology and human capital spillover effects; FDI has non-linear impact on GTFP at different levels of environmental regulation and marketization; “pollution haven", “bottom line competition” and other phenomena will occur at low levels of environmental regulation and marketization; FDI will inhibit the increase in China’s regional GTFP; the impact of FDI on GTFP is regionally different, and the western and northeastern regions are “pollution havens” in China.

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The impact of project methodologies on project success in different project environments

International Journal of Managing Projects in Business ◽

10.1108/ijmpb-03-2015-0025 ◽

2016 ◽

Vol 9 (2) ◽

pp. 364-388 ◽

Cited By ~ 24

Author(s):

Robert Joslin ◽

Ralf Müller

Keyword(s):

Project Success ◽

Research Model ◽

Content Type ◽

Industrial Sectors ◽

Project Environment ◽

Project Governance ◽

The Impact ◽

Matching Techniques ◽

The Relationship ◽

Practical Implications

Purpose – The purpose of this paper is to qualitatively validate the constructs of a theoretically derived research model while gaining insights to steer the direction of a greater study on methodologies, their elements, and their impact on project success. In doing so, to investigate whether different project environments, notably project governance, impacts the relationship between methodologies and project success. Design/methodology/approach – A deductive approach was applied to validate a theoretically derived research model. In total, 19 interviews across 11 industrial sectors and four countries were used to collect data. Pattern-matching techniques were utilized in the analysis to deductively validate the research model. Findings – There is a positive relationship between project methodology elements and the characteristics of project success; however, environmental factors, notably project governance, influence the use and effectiveness of a project methodology and its elements with a resulting impact on the characteristics of project success. Research limitations/implications – Project governance plays a major role in the moderating effect of a project methodology’s effectiveness. Contingency theory is applicable to a project’s methodology’s selection and its customization according to the project environment. Practical implications – Understand the impact of project methodologies and their elements on the characteristics of project success while being moderated by the project environment, for example, the risk of suboptimal project performance due to the effectiveness of methodology elements being negatively impacted by the project environment. Originality/value – The impact of a project methodology (collection of heterogeneous-related elements) on the characteristics of project success is identified while being moderated by the project environment, notably project governance.

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The effects of environmental regulation and technological innovation on green growth: A theoretical analysis

E3S Web of Conferences ◽

10.1051/e3sconf/20185304054 ◽

2018 ◽

Vol 53 ◽

pp. 04054

Author(s):

Xuefei Xu ◽

Lili Wang ◽

Shang Chen

Keyword(s):

Environmental Regulation ◽

Technological Innovation ◽

Positive Impact ◽

Causal Chain ◽

Mediation Model ◽

Green Growth ◽

Positive Role ◽

Long Run ◽

The Impact ◽

Causality Chain

As green growth has attracted a great deal of attention due to the growing concern about the degradation of natural resources and environmental pollution in China, the questions of how to achieve it and which factors drive green growth have become hot topics. Environmental regulation and technological innovation are two main fulcrums in the realization of green growth. However, there is lacking a deeper understanding of the impact of environmental regulation and technological innovation on green growth in a methodological framework. Accordingly, this paper attempts to analyze how these factors affect the implementation of green growth in a model. The findings reveal that (1) in the short term, environmental regulation has inhibited green growth, but has a positive impact on green growth in the long run, (2) technological innovation plays a positive role in green growth improvement, and (3) the causality chain among regulation, technological innovation, and green growth is a typical mediation model. Technological innovation plays an important mediation role in the causal chain. This study not only enriches and deepens theories on green growth, but also successfully implements green growth practices and improve their performance.

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ENVIRONMENTAL PROTECTION INVESTMENT AND BUSINESS PERFORMANCE OF ENTERPRISES UNDER THE INFLUENCE OF ENVIRONMENTAL REGULATION

10.12783/dtem/mebit2021/35636 ◽

2021 ◽

Author(s):

HONG ZHOU ◽

JUN-GUO QIAO

Keyword(s):

Environmental Protection ◽

Environmental Regulation ◽

Business Performance ◽

Cumulative Effect ◽

Economic Consequences ◽

Pollutant Emissions ◽

Manufacturing Companies ◽

Protection Strategies ◽

The Impact ◽

Forward Looking

The 11th Five-Year Plan of China has established obligatory targets for main pollutant emissions while the completion of the targets has been associated with the achievements of local officials. With the full implementation of this plan, many enterprises began to take forward-looking environmental protection strategies to cope with the increasingly stringent environmental regulations. Most of the existing literature have systematically studied the impact of environmental regulation from the perspective of industry or region, but they have not considered the dynamic response of enterprises to environmental regulation. The research on the economic consequences of enterprises adopting forward-looking environmental protection strategies for environmental protection investment at the micro level is relatively insufficient. This paper uses the data of China's listed manufacturing companies from 2011 to 2017 to study the effect of environmental protection investment on their business performance of enterprises. The results show that environmental protection investment has a positive cumulative effect on company’s business performance, especially in non-state-owned enterprises. Based on this conclusion, this paper puts forward relevant policy suggestions to promote enterprises to implement forward-looking environmental protection strategy and gain competitive advantage.

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The Effect of Technological Innovation and Market Size on Manufacturing Structure: Evidence from the World’s Largest Tobacco Producer and Seller

Tobacco Regulatory Science ◽

10.18001/trs.7.5.1.12 ◽

2021 ◽

Vol 7 (5) ◽

pp. 2422-2444

Author(s):

Song Teng ◽

Liu Yuxin

Keyword(s):

Technological Innovation ◽

Manufacturing Industry ◽

Tobacco Industry ◽

Industrial Structure ◽

Rapid Development ◽

Market Size ◽

Chinese Government ◽

Explanatory Variables ◽

Industrial Sectors ◽

The Impact

Objectives: As the world’s largest tobacco producer and seller, China’s rapid development of the tobacco industry is inextricably linked to the promotion and support of the manufacturing industry. The optimization and adjustment of the manufacturing structure (MS) is critical in determining the competitiveness of the manufacturing industry. This study examines the impact of technological innovation and market size on MS optimization in China using provincial data from 2001 to 2016. We obtain the following main results. First, market size and technological innovation are important drivers in optimizing MS. Technological innovation increases productivity and results in the redistribution of production factors across industrial sectors, altering the industrial structure. The market size facilitates labor division, which boosts productivity. Second, institutional innovation is critical for optimizing MS. It strengthens the impact of technological innovation and market size on MS rationalization. Furthermore, the study’s findings are robust to a variety of estimation techniques, several alternative proxies for core explanatory variables, and a long list of control variables. An important implication of the study’s findings is that the Chinese government should implement effective institutional reforms to accelerate China’s manufacturing industry’s development. China’s tobacco industry, in particular, will achieve higher quality development based on the transformation and upgrading of the overall manufacturing industry.

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The impact of technological innovation upon servitization

Journal of Manufacturing Technology Management ◽

10.1108/jmtm-08-2018-0242 ◽

2019 ◽

Vol 30 (7) ◽

pp. 1097-1114 ◽

Cited By ~ 2

Author(s):

Bang-Ning Hwang ◽

Mu-Yen Hsu

Keyword(s):

Service Delivery ◽

Technological Innovation ◽

Large Scale ◽

Manufacturing Firms ◽

Multivariate Logistic Regression Model ◽

Technological Innovations ◽

Manufacturing Firm ◽

Content Type ◽

The Impact ◽

The Relationship

Purpose For most manufacturing firms, technological innovations are usually the key strategies to gain their competitive advantages. However, competing strategically through service provision is becoming an important strategy for most industries. A growing demand for packaged product and service delivery is blurring the traditional boundaries between manufacturing and service firms. This trend is called “servitization.” Prior research had different perspectives on the relationship between technological innovations and servitization. Some argued that as servitization exerts the innovative convergence of products and services, the possession of appropriate readiness and absorption capacity through technological innovations for a manufacturing firm is critical to the success of servitization. In contrast, some argued that the knowledge gained from developing technological innovations cannot be applied to the creation of services due to the fundamental difference between technology and service. These contradicting arguments motivated the authors to study the relationship between technological innovations and servitization a step further. The paper aims to discuss these issues. Design/methodology/approach To address the research gap, the authors conducted an empirical study based on the large-scale samples from the second Taiwan Community Innovation Survey (Taiwan CIS). A multivariate logistic regression model was applied in the research. Findings The authors found that different types of technological innovations, namely product innovation and process innovation, have different impacts on servitization. The innovativeness level of the technological innovation moderates the relationship between technological innovation and servitization. Based on the above findings, this research specifically explains the causes of the contradictory results of the prior research. Originality/value The values of this research are twofold. Its academic contribution rests on bridging the literature of innovation and servitization, and on providing a model to clarify the relationships among technological innovation type, level of innovativeness and servitization. Its practical contribution lies in its establishment of a guideline that illuminates manufacturing firms reinforcing service delivery through their existing technological innovation trajectory.

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Research on the Impact of Environmental Regulation and Technology Innovation on the Quality of Economic Growth

10.20944/preprints202106.0711.v1 ◽

2021 ◽

Author(s):

Qingyang Wu

Keyword(s):

Economic Growth ◽

Panel Data ◽

Environmental Regulation ◽

Technological Innovation ◽

Environmental Regulations ◽

Threshold Model ◽

Fixed Effect Model ◽

Paper Test ◽

The Impact

Abstract：This paper uses the balanced panel data from 29 provinces (autonomous regions and municipalities) in China for a total of 17 years from 2000 to 2016 as a research sample, and establishes an empirical model to examine the impact of environmental regulations and technological innovation on the quality of economic growth. Then this paper test technological innovation as a threshold variable, in which play a regulatory role. Taking the provincial balanced panel data as a research sample, a fixed effect model, a system GMM model, and a panel threshold model were established for empirical testing and the robustness test. Based on the empirical results, this article draws the following conclusions: from a national perspective, environmental regulations and technological innovation can significantly promote the quality of economic growth; from a regional perspective, there are regional differences in impact effects. Under the constraints of environmental regulations, the promotion effect of technological innovation on the quality of economic growth will be reduced; the impact of environmental regulation on the quality of economic growth will have a "threshold effect", and environmental regulation can significantly promote the quality of economic growth only after crossing the threshold and the threshold of technological innovation.

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Environmental Regulation, Technological Innovation and Industrial Environmental Efficiency : An Empirical Study Based on Chinese Cement Industry

10.21203/rs.3.rs-474949/v1 ◽

2021 ◽

Author(s):

Hongxing Tu ◽

Songtao Xu ◽

Xu Xiao

Keyword(s):

Environmental Regulation ◽

Technological Innovation ◽

Environmental Efficiency ◽

Cement Industry ◽

Industrial Agglomeration ◽

Substantial Impact ◽

The Sustainable Development ◽

Saving Effect ◽

The Impact ◽

Positive Effect

Abstract Using DEA-Tobit model, the paper empirically analyzes the impact of environmental regulation and technological innovation on industrial environmental efficiency with the data from Chinese Cement Industry. The results show that both environmental regulation and technological innovation all have a significant role in promoting the environmental efficiency of cement industry. Among all the influencing factors, the improvement of pollution disposal capacity has the biggest positive effect on environmental efficiency, while the energy-saving effect caused by environmental regulation is not obvious, the factor endowment structure has no substantial impact on environmental efficiency. Adhering to the strategy of "reducing emissions mainly and saving energy as auxiliary", continuously optimizing the energy consumption structure, raising the level of industrialization and industrial agglomeration are conducive to the sustainable development of China’s cement industry.

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The Impact of Innovation Investment Volatility on Technological Innovation of Enterprises in Different Life Cycles

Mathematical Problems in Engineering ◽

10.1155/2021/2442071 ◽

2021 ◽

Vol 2021 ◽

pp. 1-12

Author(s):

Miaomiao Li ◽

Zhaoxing Hao ◽

Meng Luan ◽

Haibo Li ◽

Guikun Cao

Keyword(s):

Technological Innovation ◽

Positive Impact ◽

Punctuated Equilibrium ◽

Life Cycles ◽

Moderating Effect ◽

Mature Stage ◽

Punctuated Equilibrium Theory ◽

Emerging Industries ◽

The Impact ◽

The Relationship

Empirical findings from the impact of innovation investment volatility on enterprise technological innovation are mixed. Based on the punctuated equilibrium theory, this study explores the impact of innovation investment volatility on enterprise technological innovation in different life cycles and whether innovation subsidy has expected effects on enterprises’ technological innovation. By using the 205 Chinese listed enterprises in strategic emerging industries from 2010 to 2019 as the research sample, the results show that the innovation investment volatility has a positive impact on technological innovation of enterprise in the growing stage, while it has no significant effect on enterprise technological innovation in the mature and declining stages. In addition, the negative moderating effect of innovation subsidy on the relationship between innovation investment volatility and technological innovation is the most significant for enterprises in the growing stage, weakly significant for enterprises in the mature stage, and insignificant for enterprises in the declining stage.

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