| Title | Does smart city policy improve corporate green technology innovation? Evidence from Chinese listed companies |
|---|---|
| ID_Doc | 30350 |
| Authors | Guo, C; Wang, YL; Hu, YT; Wu, YY; Lai, XB |
| Title | Does smart city policy improve corporate green technology innovation? Evidence from Chinese listed companies |
| Year | 2024 |
| Published | Journal Of Environmental Planning And Management, 67, 6 |
| Abstract | As a new pattern of urbanization, smart cities offer a set of initiatives to achieve a win-win situation for both environmental protection and economic development. This paper aims to explore the influence of smart city policy (SCP) on green technology innovation (GTI) by Chinese listed enterprises. Employing the difference-in-differences (DID) approach, the results show that SCP promotes enterprises' GTI. This finding remains valid after various robustness tests, which include the parallel trend test, PSM-DID, placebo test, the substitution of estimation model, replacement of dependent variable, and the exclusion of the impacts of other policies. Additional tests reveal that SCP improves GTI through government environmental subsidy, corporate environmental awareness, and research and development investments. Furthermore, the heterogeneity analysis suggests that our findings are more prominent in subsamples during the growth stage, in high-tech industries, and in eastern regions. Our research is vital to the urban ecological environment and high-quality economic development. |
Similar Articles
| ID | Score | Article |
|---|---|---|
38394
|
Yang, SB; Jahanger, A; Usman, M Examining the influence of green innovations in industrial enterprises on China's smart city development(2024) | |
| 35796
|
Qi, Y; Tang, YA; Bai, TT Impact of smart city pilot policy on heterogeneous green innovation: micro-evidence from Chinese listed enterprises(2024)Economic Change And Restructuring, 57, 2 | |
| 35478
|
Zhang, Z; Zheng, CT; Lan, LY Smart city pilots, marketization processes, and substantive green innovation: A quasi-natural experiment from China(2023)Plos One, 18, 9 | |
| 30562
|
Sun, JM; Xue, JA; Qiu, XD Has the sustainable energy transition in China's resource-based cities promoted green technology innovation in firms?(2023) | |
| 30594
|
Zhang, R; Kong, GQ; Sun, HP Can New-Type Urbanization Promote Enterprise Green Technology Innovation?-A Study Based on Difference-in-Differences Model(2023)Sustainability, 15, 7 | |
| 45757
|
Yan, ZM; Sun, Z; Shi, R; Zhao, MJ Smart city and green development: Empirical evidence from the perspective of green technological innovation(2023) | |
| 39193
|
Qiu, LY Does the construction of smart cities promote urban green innovation? Evidence from China(2023)Applied Economics Letters, 30, 19 | |
| 41766
|
Liu, YT; Li, QH; Zhang, Z Do Smart Cities Restrict the Carbon Emission Intensity of Enterprises? Evidence from a Quasi-Natural Experiment in China(2022)Energies, 15, 15 | |
| 30414
|
Cheng, J; Chen, JR Can new urbanization pilot policies promote green technology innovation in cities: Empirical evidence from China(2024)Plos One, 19, 5 | |
| 30709
|
Yang, J; Chen, HA; Jin, H; Jiang, YL Promoting or inhibiting? The impact of supporting policy for resource-exhausted cities on corporate green technology innovation: evidence from China(2023) |