Going out and bringing in: Exploring the impact of OFDI on green innovation performance under firms' digital transformation strategies DOI
Jianlong Wang, Haitao Wu, Yong Liu

et al.

Managerial and Decision Economics, Journal Year: 2024, Volume and Issue: 45(4), P. 2428 - 2442

Published: Feb. 22, 2024

Abstract Under the digital transformation strategy, whether overseas investment activities of firms can achieve reverse green spillover is significant to their implementation and low‐carbon transformation. Accordingly, we examined impact outward foreign direct (OFDI) on technology innovation (GTI) in parent under strategy at micro‐level using a zero‐inflated negative binomial regression (ZINB) model with data from Chinese A‐share listed for 2000–2021. The study shows that (1) OFDI beneficial growth firm's GTI. results both instrumental variables approach robustness tests support baseline findings. (2) scale, competitive, human capital effects are three micro‐mechanisms through which drives (3) Digital has positive moderating effect GTI, implying reinforces OFDI. (4) heterogeneity analysis show state‐owned executives have more outstanding contribution significant. This provides theoretical empirical experiences firms' strategies.

Language: Английский

Nexus between green technology innovation, green financing, and CO2 emissions in the G7 countries: The moderating role of social globalisation DOI
Arshian Sharif, Najia Saqib, Kangyin Dong

et al.

Sustainable Development, Journal Year: 2022, Volume and Issue: 30(6), P. 1934 - 1946

Published: June 23, 2022

Policymakers face a daunting task when it comes to achieving sustainable environmental development and avoiding additional degradation. This study examines the significance of green technology innovation financing in creating more environment. The impact investment on carbon dioxide (CO2) emissions has yet be empirically theoretically examined literature, especially conjunction with moderating component, particularly social globalisation. Accordingly, this research role technological reducing CO2 G7 countries. Our uses empirical data from panel countries covering period 1995 2019. We employ advanced approaches address analysis concerns, such as cross-sectional dependence, structural break, slope heterogeneity (the Banerjee Carrion-i-Silvestre unit root cointegration test augmented ARDL). shows that (GINV) well (GFIN) have negative but significant emissions. Whilst economic growth shown positive countries, globalisation positively moderates relationship between GDP, negatively significantly causes GFIN GINV amongst According our study, would able meet United Nations' SDG-7 SDG-13 targets if they implemented policies.

Language: Английский

Citations

239

The role of outward foreign direct investment (OFDI) on green total factor energy efficiency: Does institutional quality matters? Evidence from China DOI
Siyu Ren, Yu Hao, Haitao Wu

et al.

Resources Policy, Journal Year: 2022, Volume and Issue: 76, P. 102587 - 102587

Published: Feb. 9, 2022

Language: Английский

Citations

186

Carbon dioxide emissions and Chinese OFDI: From the perspective of carbon neutrality targets and environmental management of home country DOI
Tianle Yang, Qingyuan Dong, Qunyang Du

et al.

Journal of Environmental Management, Journal Year: 2021, Volume and Issue: 295, P. 113120 - 113120

Published: June 26, 2021

Language: Английский

Citations

68

Impact of regional energy allocation distortion on carbon emission efficiency: Evidence from China DOI Creative Commons
Fengtao Guang, Yating Deng, Le Wen

et al.

Journal of Environmental Management, Journal Year: 2023, Volume and Issue: 342, P. 118241 - 118241

Published: June 3, 2023

The free flow of energy cannot be fully achieved in China's market because incomplete market-oriented reform, resulting allocation distortion, which has hampered carbon emissions reduction. However, the extent distortion and its role emission efficiency remain unexplored. Therefore, this study aims to measure investigate impact on efficiency. For purpose, first, we derive based a production function using meta-frontier non-radial Malmquist index. To effectively address endogeneity issue, use generalized method moments model estimate Second, further explore distortionary mechanism associated with analyze asymmetric effect results show certain degree throughout country, disparity exists among different regions. average value eastern region is 1.0286, well ahead national average, demonstrating better performance than other Energy negatively affects efficiency, 1% increase leading 0.251% decrease Technological progress, structure consumption, industrial are important transmission channels through contributes uncovering regional impacts providing strategic policy recommendations for improving

Language: Английский

Citations

41

Has China achieved synergistic reduction of carbon emissions and air pollution? Evidence from 283 Chinese cities DOI
Chen Yang, Ziheng Zhao, Yi Wen

et al.

Environmental Impact Assessment Review, Journal Year: 2023, Volume and Issue: 103, P. 107277 - 107277

Published: Sept. 13, 2023

Language: Английский

Citations

40

Green Finance, International Technology Spillover and Green Technology Innovation: A New Perspective of Regional Innovation Capability DOI Open Access
Pengfei Cheng,

Xiaofeng Wang,

Baekryul Choi

et al.

Sustainability, Journal Year: 2023, Volume and Issue: 15(2), P. 1112 - 1112

Published: Jan. 6, 2023

Regional green technological progress is an important driver of regional technology innovations. To explore in depth the impact finance and international spillover on innovation, this study incorporates finance, spillover, innovation into same analytical framework. In addition, based a new perspective capabilities, analyzes spillovers innovation. The data were collected 30 Chinese provinces from 2003 to 2019 analyzed by panel fixed-effects model. interaction between capability was investigated understand each Second, used as intermediary variable identify its underlying mechanism. Finally, spatial effect using Durbin We found that: (1) import trade, outward foreign direct investment (OFDI), can promote while inward (IFDI) has inhibitory innovation; (2) spillovers, capacity positively impacts (3) promoting capabilities; (4) innovations have effects, one region growth technologies adjacent regions. This provides reference not only for China but also other developing countries advancement achieve sustainable development goals.

Language: Английский

Citations

31

Outward foreign direct investment and green innovation in Chinese multinational companies DOI
Xing Shi,

Yujie Zeng,

Yanrui Wu

et al.

International Business Review, Journal Year: 2023, Volume and Issue: 32(5), P. 102160 - 102160

Published: June 1, 2023

Language: Английский

Citations

27

Financial development, FDI, and CO 2 emissions: does carbon pricing matter? DOI Creative Commons
Xiaojie Yu, Duminda Kuruppuarachchi, Sriyalatha Kumarasinghe

et al.

Applied Economics, Journal Year: 2023, Volume and Issue: 56(25), P. 2959 - 2974

Published: April 19, 2023

This study investigates the impact of financial development and foreign direct investment (FDI) on CO2 emissions, with a special focus carbon pricing (emissions trading taxing) in 57 developed developing economies between 2000 2017. Using an eight-fold construct for first time, we find that depth institutions negatively (positively) affects intensity (developing) economies, while access to has negative both types economies. Financial (stability) markets (developed) economies' intensity, increases (decreases) Moreover, inward FDI stock quality (a net position) (reduces) Finally, document helps reverse positive effect implying such policy those attract climate-friendly FDI. Our reveals implications reduction emissions placing fully together time.

Language: Английский

Citations

24

The effects of environmental innovations and international technology spillovers on industrial and energy sector emissions – Evidence from small open economies. DOI Creative Commons
Andrew Adewale Alola, Jaana Rahko

Technological Forecasting and Social Change, Journal Year: 2023, Volume and Issue: 198, P. 123024 - 123024

Published: Nov. 24, 2023

Environmental innovations hold promise for cutting greenhouse gas (GHG) emissions, but most technology investments are made in large technologically leading countries. Thus, emission reductions small open economies, such as the Nordic countries, depend on not only domestic technological development, also spillovers from foreign The present study analysed how development of climate change technologies affected countries' GHG emissions industrial and energy sectors during a particular time frame. Consequently, while controlling economic growth population, development's effects sector were examined 1990–2019 period. results revealed that both domestically developed environmental economies mitigated these nations' sectors, thereby providing an efficient pathway to achieving sectoral sustainability. In particular, found be more driving sustainability sector, whereas impacts did differ significantly sector. Furthermore, given plays vital role Kuznets curve (EKC; inverted U-shaped U-shaped) relationships have been observed respectively. This suggests quality hurdles overcome.

Language: Английский

Citations

24

Assessing the role of public, media, and government attention on air pollution governance in China DOI
Zhongzhu Chu,

Tiannuo Yang,

Zihan Zhang

et al.

Sustainable Cities and Society, Journal Year: 2024, Volume and Issue: 113, P. 105681 - 105681

Published: July 19, 2024

Language: Английский

Citations

9