The Study on the Impact of Environmental Regulation on the Performance of High-Tech Industry

2013 ◽  
Vol 753-755 ◽  
pp. 3185-3193
Author(s):  
Chang Hai Wu ◽  
Yu Liang Song ◽  
Yan Ming Pan

In the era of knowledge and low-carbon economy, how environmental regulation can affect the performance of high-tech industry has become a hot topic in many academic studies. Basing on the study sample of the high-tech industry, this paper develops the scales of environmental regulation and the performance of high-tech industry, and then tests the impact of environmental regulation on the performance of high-tech industry through SEM. The results show that command-control environmental regulation has insignificant affect on high-tech industry economic performance, ecological performance and technological performance, but incentive environmental regulation and voluntary environmental regulation have significant positive effect on high-tech industry economic performance, ecological performance and technological performance.

2013 ◽  
Vol 742 ◽  
pp. 404-409
Author(s):  
Zhi Qin Huang ◽  
Wei Wang ◽  
Ting Yan

Low carbon economy is the main direction of the future development of China. The hi-tech industry area has the features of tech-intensified, high energy consumption, high pollution, to develop hi-tech industry is good for the transfer from traditional industry to the low carbon economy mode. As a big province of China, it is imperative for Shandong Province to develop the low-carbon economy. Therefore scientific solution on carbon emissions of high-tech industrial area in Shandong province is a problem for government and academic workers to have to face and resolve. This paper analyzes the low-carbon economic situation of high-tech industry in Shandong province, and puts forward some countermeasures for low carbon economy development of high-tech industry in Shandong province.


2014 ◽  
Vol 1073-1076 ◽  
pp. 2796-2801
Author(s):  
Na Chen ◽  
Lei Shi

Promoting coefficient of low-carbon economy provide a solution to compare the contribution among different high-tech enterprises. Low energy consuming, low carbon emission and high-tech intensive were discovered as the core index of evaluation index system. The effect index includes four secondary indexes, economic evaluation, energy evaluation, environment evaluation and technology evaluation. The model takes into account high-tech industry’s contribution degree to low-carbon economy (CDL) and the low-carbon related management level index (LMI) in high-tech industry. The multiplication of CDL and LMI is the coefficient of the high-tech enterprise for low-carbon economy (CHEL), which means if all the high-tech enterprises’ CHEL in a certain industry could reach the level of the company we discussed, the contribution degree of that industry for low-carbon economy would be in a fixed percentage.


2019 ◽  
Vol 11 (21) ◽  
pp. 6071 ◽  
Author(s):  
Qiong Wang ◽  
Ru Yang ◽  
Ruyue Zhao ◽  
Chengyuan Wang

Among China’s existing state-level High-tech Industry Development Zones (HIDZ), the number of upgraded ones account for more than 65%, which are supposed to fulfill the important mission of leading innovation. However, while the upgraded state-level HIDZ enjoy more opportunities than before, they also face major challenges such as the significant inter-generational differences between them and the born state-level HIDZ. Based on the panel data of Chinese (prefecture-level) cities from 2007 to 2015, the paper empirically examines the impact of the state-level upgrade of HIDZ on urban innovation efficiency by using a difference-in-differences propensity score matching approach (PSM-DID). The results show that the upgraded state-level HIDZ has significantly improved urban innovation efficiency, and this positive effect has gradually increased with the implementation of the upgrade policy. The further heterogeneity analysis shows that the higher the scientific research level of higher education institutions in the cities, the greater the promotion effect of the state-level upgrade. The paper evaluates the policy effect of the upgraded state-level HIDZ from their stated mission, which is a powerful complement to the existing research and provides more effective guidance for policy-makers.


2021 ◽  
Vol 13 (10) ◽  
pp. 5467
Author(s):  
Barbara Grabinska ◽  
Dorota Kedzior ◽  
Marcin Kedzior ◽  
Konrad Grabinski

So far, CSR’s role in the high-tech industry is not fully explained by academic research, especially concerning the most burdensome obstacle to firms’ growth: acquiring debt financing. The paper aims to solve this puzzle and investigate whether young high-tech companies can attract more debt by engaging in CSR activity. To address the high-tech industry specificity, we divided CSR-reporting practice into three broad categories: employee, social, and environmental and analyzed their impact on the capital structure. Our sample consists of 92 firm-year observations covering the period 2014–2018. Using a regression method, we found out that only employee CSR plays a statistically significant role in shaping capital structure. We did not find evidence for the influence of the other types of CSR-reporting practices. The results suggest that employees are the key resource of high-tech companies, and, for this reason, they are at the management’s focus. This fact is visible at the financial reporting level and, as we interpret results, is also considered by credit providers. In a more general way, our results suggest that firms tend to choose CSR based on the importance of crucial resources.


2021 ◽  
Vol 13 (4) ◽  
pp. 1783
Author(s):  
Maria Luisa Lode ◽  
Geert te Boveldt ◽  
Cathy Macharis ◽  
Thierry Coosemans

Energy communities (ECs) play a role in the transition towards a low-carbon economy by 2050 and receive increasing attention from stakeholders within the energy sector. To foster ECs, transition management (TM) is a promising managerial approach to steer and guide the transition towards more sustainable practices. However, TM lacks a consistent methodology that addresses the criticism of the current application. To investigate what a structured and replicable TM approach for ECs can look like, this paper applies the multi-actor multi-criteria analysis (MAMCA), a participative multi-criteria decision method, to a case study EC in the Netherlands involving various stakeholders. The impact of the application on power relations, the political sphere, sustainability conceptualization, guidance of transitions, and representation was analyzed. MAMCA was found useful for multi-stakeholder settings seen in potential ECs, offering a unifying methodology for the practical application of TM. In the EC setting, the added value of MAMCA within TM lies more in the social representation, insight into stakeholder viewpoints, and communication rather than in final decision-making.


2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Xi Liu ◽  
Shuai Yang

In order to explore how the core technological capabilities of the high-tech industry affect the sustainable competitive advantage of an enterprise, by consulting a large number of literature studies on sustainable competition, the characteristics of high-tech enterprises were summarized through analysis and sorting and a sustainable competition model was proposed based on market, management, marketing, strategy, and organizational innovation. Through factor analysis, correlation analysis, and structural equations of 266 survey data of related companies, the effectiveness of the model based on the impact of core capabilities of high-tech companies on sustainable competitive advantage was confirmed. The results show that the core competencies of high-tech enterprises’ market recognition, strategic planning, management and operation, full-person marketing, and dynamic marketing directly affect the company’s sustainable competitive advantage. The most important influence on a company’s sustainable competitive advantage is market awareness, and the organizational innovation of the company can also influence the sustainable competitive advantage indirectly, while dynamic marketing can increase the other four capabilities to improve the sustainable competitive advantage of the enterprise. The theoretical model is established to identify the core technological capabilities of high-tech enterprises that can help enterprises effectively identify the core technological capabilities that can form a sustainable competitive advantage and then provide ideas for enterprises to build theoretical research on core technological capabilities.


2019 ◽  
Vol 11 (21) ◽  
pp. 6132 ◽  
Author(s):  
Rubén Martínez-Alonso ◽  
María J. Martínez-Romero ◽  
Alfonso A. Rojo-Ramírez

The aim of this research is to explore the effect that innovation, as a potential source of sustained competitive advantage and firm growth, has on the achievement of sustainable economic performance. In particular, this paper empirically examines the influence of four innovation forms (intramural R&D, extramural R&D, product innovation, and process innovation) on firms’ sustainable economic performance, considering the moderating effect of family involvement in management. To test the hypotheses, random-effects regression analyses are applied to a longitudinal sample of 598 Spanish private manufacturing firms throughout the 2006–2015 period. The results show a negative effect of intramural and extramural R&D on sustainable economic performance and a positive effect of process innovation on sustainable economic performance. Moreover, a reinforced relationship between process innovation and sustainable economic performance is also revealed when family involvement in management acts as a moderator. The findings make several contributions to research and practice.


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