Direct and moderating effects of environmental regulation intensity on enterprise technological innovation: The case of China.

ABSTRACT: There is few significant attempt to integrate environmental regulation, government financial support, and corporate technological innovation in a methodological framework. Employing the data of the industrial enterprises with an annual turnover of over 20 million yuan from 30 Chinese provinces or municipalities between 2008 and 2016, this paper applies the fixed effect regression model to reveal the relationships between environmental regulation, government financial support, and corporate technological innovation simultaneously. Results show that: (1) there exists a U-shaped relation between environmental regulation intensity and technological innovation of enterprises which declines first and then climbs up, and China is still at the stage of inhibition before the "inflection point". (2)

SUBMITTER: Cao X 

PROVIDER: S-EPMC6779245 | biostudies-literature | 2019

REPOSITORIES: biostudies-literature