| Title |
The S-shaped relationship between R&D investment and green innovation after cross-border merge and acquisition: evidence from China |
| ID_Doc |
35304 |
| Authors |
Li, JJ; Wu, XM |
| Title |
The S-shaped relationship between R&D investment and green innovation after cross-border merge and acquisition: evidence from China |
| Year |
2022 |
| Published |
Environmental Science And Pollution Research, 29, 36 |
| DOI |
10.1007/s11356-022-19739-1 |
| Abstract |
In the economic transition process, emerging markets are recognizing the importance of accessing sophisticated technologies to green innovation. After cross-border merge and acquisition (M&A), research and development (R&D) investment has become the basic condition for acquiring mature market technologies. Many studies suggest that R&D can promote green innovation. However, in the context of cross-border M&A, the relationship between R&D and green innovation is more complicated. Based on the knowledge-based view and stakeholder theory, this paper takes 230 cross-border M&A events at Chinese enterprises as samples. The conclusions show that instead of a linear relation, the influence of R&D input on green innovation performance after cross-border M&A is in an "S-shape"; the political connection and institutional distance of enterprises play a negative role in promoting the relationship between R&D input and green innovation performance after cross-border M&A. |
| Author Keywords |
Green innovation; R&D investment; Cross-border m&a; Political connection; Institutional distance |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED) |
| EID |
WOS:000771353900002 |
| WoS Category |
Environmental Sciences |
| Research Area |
Environmental Sciences & Ecology |
| PDF |
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