An Empirical Study of the Impact of Chinese Industry Gathering on Technological Innovation Activities

Author(s):  
XIAO Zhen ◽  
SONG Fen
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Zaiyang Xie ◽  
Liang Qu ◽  
Runhui Lin ◽  
Qiutong Guo

PurposeEnvironmental regulation is in a continuous state of intense change and modification amid the long-term tensions between environmental protection and economic growth. In this article, the authors creatively investigate how fluctuations of environmental regulation influence a nation's economic growth while also examining the mediating effect of technological innovation.Design/methodology/approachUsing sample data of 36 Organisation for Economic Co-operation and Development (OECD) countries from 2013 to 2018, environmental regulation is differentiated in two aspects of formal environmental regulation (FER) and informal environmental regulation (IER) and analyzed to assess the effects of regulatory fluctuations on investment and technological innovation.FindingsThe research results demonstrate that both FER fluctuation and IER fluctuation exert a significant negative impact on economic growth. These two fluctuations in environmental regulation increase uncertainty and unpredictable risks for corporations and investors, significantly stifling the willingness to contribute to innovation activities and leading to a diminished level of innovation. Technological innovation is revealed to have a mediating influence on the relationship of environmental regulation fluctuation to economic growth.Originality/valueThese findings enrich the research on the impact of environmental regulation from a dynamic, multinational perspective, contributing to the literature by exploring the relationships between environmental regulation fluctuation, technological innovation and economic growth at the OECD-country level.


2020 ◽  
Vol 71 ◽  
pp. 403-419
Author(s):  
Yan XU ◽  
Hong CHEN ◽  
Tao ZHAI

Agricultural enterprises can establish and maintain good relationships with external stakeholders by fulfilling their own CSR, and obtain key external knowledge and important external resources through these relationship channels, and then realize their own technological innovation and promotion. At the same time, relevant management personnel of agricultural enterprises should pay attention to the issue of CSR input intensity in the process of fulfilling CSR, and should try to avoid getting into relationships with these stakeholders due to excessive reliance on CSR to meet the demands of relevant external stakeholders. In this way, it brings unnecessary costs to the technological innovation activities of enterprises, and ultimately leads to the reduction of innovation efficiency and performance. This article puts forward the research on the impact of agricultural corporate social responsibility on the continuous innovation of the enterprise itself. Agricultural enterprises are considering CSR as a means to promote corporate technological innovation and are investing in it. Relevant managers must first think about whether there are some inert factors in the company, including outdated organizational processes and organizational practices. Once such inert factors are discovered, in order to ensure that the company's investment in CSR can finally be effectively transformed into corporate technology Innovative performance, it is necessary for relevant managers to take some targeted actions in the specific practice process to overcome the negative effects of these inertia factors.


Author(s):  
Qinghua Huang ◽  
Xiding Chen ◽  
Mi Zhou ◽  
Xiaoqin Zhang ◽  
Lingling Duan

In this paper, we conduct an empirical study on the impact of CEOs’ environmental awareness on technological innovation. To this end, we obtain a large sample with 7615 observations from Chinese A-share listed firms between the years of 2003 and 2014. Our empirical results show that a CEO’s environmental awareness has a significant positive impact on technological innovation of his/her enterprise. Environmentally conscious CEOs will invest more in R&D and obtain more patents. This will help their enterprises achieve higher efficiency of technological innovation. Furthermore, the environmental awareness of a CEO has a more significant impact on technological innovation if his/her enterprise is subject to a higher level of monitoring. We also conduct robustness check of our findings and provide managerial insights and proactive government policies to raise the environmental awareness of CEOs and improve the innovation vitality of enterprises.


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