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Title Outward Foreign Direct Investment and Industrial Structure Upgrading: The Mediating Role of Reverse Green Technology Innovation, the Moderating Role of R&D Investment and Environmental Regulation
ID_Doc 30811
Authors Xing, GY; Dong, H
Title Outward Foreign Direct Investment and Industrial Structure Upgrading: The Mediating Role of Reverse Green Technology Innovation, the Moderating Role of R&D Investment and Environmental Regulation
Year 2023
Published Sustainability, 15, 11
DOI 10.3390/su15119062
Abstract Based on the provincial panel data from 2004 to 2019, this paper constructs a more comprehensive industrial structure upgrading coefficient and uses a moderated mediation model to verify the mechanism of OFDI reverse green innovation technology on industrial upgrading. It is found that OFDI has a reverse green technology innovation effect, which can positively promote China's industrial upgrading. From the perspective of a moderated mediating effect, the increase of domestic R&D investment is conducive to shortening the technological gap with developed countries, and the enhancement of domestic environmental regulation also encourages multinational enterprises to implement green technology cooperation. Both of them strengthen the reverse green technology innovation effect of OFDI, and correspondingly have a greater promoting effect on the upgrading of industrial structure. The reverse green technology innovation of OFDI mainly promotes strategic green innovation of noninvention types, but the enhancement of R&D capability and the improvement of environmental regulation can strengthen the reverse substantive green innovation of OFDI. After endogenous processing and replacing the core explanatory variables, the results are still significant.
Author Keywords foreign direct investment; industrial structure upgrading; green technology innovation; moderated mediation
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:001003918100001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
PDF https://www.mdpi.com/2071-1050/15/11/9062/pdf?version=1686098823
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