Discretionary Effort on Green Technology Innovation: How Chinese Enterprises Act when Facing Financing Constraints.

ABSTRACT: Firm's effort on Green technology innovation (hereafter, called G-innovation) is affected by financing constraints, and firm will make a discretionary choice according to its own situation, to achieve the maximization of self-interests. Based on the data of Chinese micro enterprises, firstly, we empirically analyze firms' decision-making towards G-innovation when faced with financing constraints. It supports the view that financing constraints can hinder enterprise technological innovation. And we also make an explanation that the social benefits of green technology innovation are greater than personal benefits, which makes enterprises tend to reduce green technology innovation when facing financing constraints. Then we examine firms' heterogonous behaviors under different internal attribu

SUBMITTER: Zhang K 

PROVIDER: S-EPMC8694420 | biostudies-literature | 2021

REPOSITORIES: biostudies-literature