Smart city pilots, marketization processes, and substantive green innovation: A quasi-natural experiment from China.

ABSTRACT: The world's major economies are striving to control carbon emissions and avoid irreversible impacts on the natural environment. Therefore, innovative green technologies are crucial for both government departments and the private sector as an important way to address carbon emissions. This study aims to investigate the link between the government's smart city construction and corporate green innovation and optimize the policy guidelines that drive green innovation in enterprises. This study analyzes 6,104 panels of Chinese listed companies from 2007-2019. An approach called the Differences-in-Differences model was applied to evaluate hypotheses. The empirical results suggest that smart city pilots drove substantial green innovation in businesses. The marketization process has a moderating e

SUBMITTER: Zhang Z 

PROVIDER: S-EPMC10529645 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature