The Role of Environmental Regulation and Technological Innovation in the Employment of Manufacturing Enterprises: Evidence from China

With the increasingly severe emission reduction pressures, it is an inevitable choice for China to improve the intensity of environmental regulation. At the same time, the impact of technological innovation on enterprise employment may lead to some new changes under the environmental regulation constraints. However, existing studies have not included environmental regulation into the theoretical framework of technological innovation and enterprise employment, nor has the influencing mechanism of environmental regulation and technological innovation in the employment of manufacturing enterprises been explored. This paper uses the panel data of listed manufacturing companies in the A-share market of Shanghai and Shenzhen from 2011 to 2017 to examine the impact of environmental regulation and technological innovation on the employment of manufacturing enterprises, and explore their influence mechanisms in a theoretical framework based the moderating effect model. The findings demonstrate the following: First, the technological innovation has a positive creative effect on enterprise employment. Second, the impact of environmental regulation on enterprise employment is significantly positive. Third, environmental regulation has a negative moderating effect on the impact of technological innovation on enterprise employment. Finally, the impacts of both environmental regulation and technological innovation on the employment of manufacturing enterprises are heterogeneous across enterprises due to differences in ownership structure, the degree of pollution, and technical density. Therefore, faced with the objective reality that environmental carrying capacity has reached or approached the upper limit, China needs to formulate a differentiated and diversified technological innovation system and environmental protection policy, improve the environmental innovation level of manufacturing enterprises, and form a green development model, which is of great significance for achieving high-quality development and stable employment.

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Research on the Optimal Path of Enterprise Green Technology Innovation

E3S Web of Conferences ◽

10.1051/e3sconf/202125203036 ◽

2021 ◽

Vol 252 ◽

pp. 03036

Author(s):

Zhiyu Li ◽

Pengjuan Lv ◽

Shuai Hong

Keyword(s):

Environmental Regulation ◽

Technological Innovation ◽

Technology Innovation ◽

Optimal Path ◽

Innovation System ◽

Green Technology ◽

Policy Tools ◽

Green Development ◽

The Impact

The construction of a green technology innovation system should not only give attention to technological innovation, but also pay attention to the heterogeneity of the enterprise itself. Therefore, from the dual perspectives of environmental regulation and corporate heterogeneity, we analyze the impact of corporate green technology innovation and believe that building a market-oriented green technology innovation system requires improving green development efficiency, promoting green technology R&D and application, and strengthening the combination of policy tools. Thus to support green transformation and development.

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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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Research on the impact of innovation input on enterprise performance in manufacturing enterprises--- Moderating effect based on governance structure

E3S Web of Conferences ◽

10.1051/e3sconf/202129202054 ◽

2021 ◽

Vol 292 ◽

pp. 02054

Author(s):

QianYu Zhao ◽

Gang Fu ◽

WanTing Liu

Keyword(s):

Firm Performance ◽

Industrial Development ◽

Manufacturing Industry ◽

Governance Structure ◽

Negative Influence ◽

Moderating Effect ◽

Manufacturing Companies ◽

Manufacturing Enterprises ◽

The Impact ◽

The Relationship

Manufacturing industry is the lifeblood of national economy, and innovation input is the lifeline of manufacturing enterprises. This paper selects the financial data of China’s listed manufacturing companies from 2015 to 2019 to study the moderating effect of governance structure on the relationship between innovation input and firm performance. It is found that innovation investment has a negative influence on firm performance with lag. In terms of ownership structure, ownership concentration has a negative moderating effect on the relationship between innovation input and firm performance. The degree of equity balance has a positive moderating effect on the relationship between innovation input and firm performance. According to the conclusion of this study, it is expected to optimize the governance structure of China’s manufacturing enterprises and promote industrial development.

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

Processes ◽

10.3390/pr9081264 ◽

2021 ◽

Vol 9 (8) ◽

pp. 1264

Author(s):

Meng Zeng ◽

Lihang Liu ◽

Fangyi Zhou ◽

Yigui Xiao

Keyword(s):

Environmental Regulation ◽

Technological Innovation ◽

Pollutant Emissions ◽

Regulatory Effect ◽

Host Countries ◽

Regional Heterogeneity ◽

Industrial Sectors ◽

Reduction Effect ◽

The Impact ◽

The Relationship

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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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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Role of Servitization, Digitalization, and Innovation Performance in Manufacturing Enterprises

Sustainability ◽

10.3390/su13179878 ◽

2021 ◽

Vol 13 (17) ◽

pp. 9878

Author(s):

Lei Shen ◽

Cong Sun ◽

Muhammad Ali

Keyword(s):

Manufacturing Industry ◽

Dynamic Capabilities ◽

Innovation Performance ◽

Manufacturing Companies ◽

Business Innovation ◽

Manufacturing Enterprises ◽

Enterprise Innovation ◽

The Impact ◽

The Relationship

The structure of the manufacturing industry has forced manufacturing companies to understand the importance of digitalization and servitization transformation, in terms of production and R&D. In this study, we examine the relationship between servitization, digitization, and enterprise innovation performance through the lens of dynamic capabilities within enterprises. We also discuss the impact of the transformation servitization strategy on business innovation, and the mechanisms by which it impacts business innovation performance. The study’s findings indicate that servitization significantly contributes to innovation performance, and digitalization acts as a mediating mechanism between the proposed relationships. Thus, this article argues for the integration and growth of servitization and digitization.

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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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Transition in successors’ behavior and mindset while managing long-lived small and medium-sized manufacturing enterprises: a qualitative study

F1000Research ◽

10.12688/f1000research.52226.2 ◽

2021 ◽

Vol 10 ◽

pp. 285

Author(s):

Hiroo Suzuki ◽

Yasunobu Kino

Keyword(s):

Early Stage ◽

Manufacturing Companies ◽

Structured Interviews ◽

Manufacturing Enterprises ◽

Double Loop Learning ◽

Initial Stage ◽

Core Category ◽

Stable Employment

Background: There have been many studies conducted on succession, which can be considered as the most important issue in family businesses. However, most of these previous studies have focused only on the early stage of succession, uncovering the role of the predecessor and the successor. Only a few studies have made efforts to examine the total lifecycle of succession. The purpose of this study is to explore the process of the transition in successors' behavior and mindset while managing long-lived small and medium-sized manufacturing enterprises throughout the lifecycle of succession. Methods: Semi-structured interviews were conducted with six successors of small and medium-sized manufacturing companies who are more than half a century old. Their answers were analyzed using the Modified-GTA method to construct a hypothetical model. Results: In total, 46 concepts, four categories, 17 subcategories, and one core category were generated. An analysis result diagram using all concepts and categories was formed. From the observation of this diagram, the successors gained confidence in management through the dilemma between autonomy and constraint in the early stage of succession, which was found in previous research. Following the initial stage, the successors responded to the crisis caused by market constraints and created autonomous strategies in their businesses. Conclusions: By experiencing repetitive crises, the successors tend to acquire new perspectives toward the naturally occurring crises. This change of premise by the successors is considered as the process of double-loop learning. Relationships inside and outside the company influence the generation of this viewpoint. From a long-term perspective, a sense of unity with employees, stable employment, and the pursuit of enjoyment constitute the successors' own values in this model.

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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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