The Impact of R&D and Non-R&D Subsidies on Technological Innovation in Chinese Electric Vehicle Enterprises

World Electric Vehicle Journal, Journal Year: 2024, Volume and Issue: 15(7), P. 304 - 304

Published: July 11, 2024

The effectiveness of government subsidies for electric vehicle (EV) enterprises and future improvements to subsidy policies promote industry development have garnered widespread attention. Distinct mechanisms exist through which R&D non-R&D impact enterprise innovation. This paper differentiates between uses data from listed companies New Third Board in China 2013 2022 empirically analyze the effects these two types on innovation EV perspectives strategy industrial chain. results show that both effectively alleviate inhibiting financing constraints. significantly incentivize enterprises, whereas effect is not as pronounced. incentivizing exhibits distinct characteristics: first, compel choose an prioritizes “quantity over quality”; second, exert a more pronounced influence upper middle sectors chain compared downstream tend engage strategic behaviors.

Language: Английский

Geopolitical Risk and Ownership Decision in Green Overseas Investment: Dual Moderation of Corporate Green Technology Capability and Host Green Governance

Sustainability, Journal Year: 2024, Volume and Issue: 16(13), P. 5452 - 5452

Published: June 27, 2024

In pursuit of green, low-carbon, and sustainable development, Belt Road Initiative (BRI) countries urgently require overseas investment in green projects. However, these investments face significant geopolitical risk (GPR) challenges. This study thoroughly investigates how GPR influences the foreign ownership decisions Chinese enterprises investing projects BRI countries. It further examines dual moderating effects corporate technology capability host governance on this relationship. Empirical analysis was conducted using fractional logit model, analyzing data from listed companies spanning 2013 to 2022. The findings revealed following: (1) high leads opt for low-ownership entry modes their investments; (2) negative impact can be offset by improving enterprises’ capability; (3) with advanced governance, ownership-level is mitigated, effect magnified. offers vital insights multinational (MNEs) formulating strategies based enterprise characteristics country conditions effectively mitigate impacts GPR. Similarly, it important implications attracting more enhancing levels counteract

Language: Английский

Government Subsidies and Business Resilience of Chinese Electric Vehicle Enterprises: The Roles of ESG and Technological Capability

Energies, Journal Year: 2024, Volume and Issue: 17(22), P. 5569 - 5569

Published: Nov. 7, 2024

In the context of increasing global macroeconomic policy uncertainty, effectiveness Chinese government subsidies in promoting business resilience electric vehicle (EV) enterprises and sustainable development EV industry has attracted significant attention. This paper utilizes panel data from listed companies 2013 to 2022 examine impact on these enterprises. It also analyzes moderating roles corporate ESG (Environmental, Social, Governance) performance technological capability. study finds that significantly enhance resilience, particularly for with a high strong capability, which can better leverage further their amidst market fluctuations uncertainties. Moreover, as an external support measure, complement internal factors like industry. Policymakers should consider capability when designing subsidy programs maximize effectiveness.

Language: Английский