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Title Can the Special Economic Zones Promote the Green Technology Innovation of Enterprises? An Evidence From China
ID_Doc 30523
Authors Liu, X; Zhang, J; Liu, TH; Zhang, XJ
Title Can the Special Economic Zones Promote the Green Technology Innovation of Enterprises? An Evidence From China
Year 2022
Published
DOI 10.3389/fenvs.2022.870019
Abstract Addressing global climate change is the responsibility of all mankind, and original green technology innovation is the key to achieving the goal of "carbon neutrality". Under the target of "carbon neutrality", it remains to be seen whether China's special economic zones can promote the green technology innovation of enterprises, which is very important for achieving green and high-quality development. This study examines the impact of special economic zones (SEZs) on enterprises' green technology innovation by constructing a quasi-natural experiment using data of Chinese listed companies (collected from 2000 to 2017) and green patent applications. The empirical results showed that the SEZ program significantly promoted the green technology innovation of enterprises. The number of green patent applications of enterprises in zones has increased by 17.02%. The promotion effect was more significant on enterprises in provincial development zones, those that are owned by the central state, and those in central and eastern regions. In the short term, the green innovation promotion effect is mainly derived from the effect of preferential policy subsidies, while in the long run, the role of the agglomeration effect gradually emerged. This study provides empirical evidence for green and high-quality development. This study also provides a new policy reference for achieving a win-win situation between industrial agglomeration and ecological environment.
Author Keywords special economic zones; green technology innovation; agglomeration effect; preferential policy subsidies; green development
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000783292900001
WoS Category Environmental Sciences
Research Area Environmental Sciences & Ecology
PDF https://www.frontiersin.org/articles/10.3389/fenvs.2022.870019/pdf
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