Sustainability, Год журнала: 2025, Номер 17(7), С. 3179 - 3179

Опубликована: Апрель 3, 2025

The new energy transition creates favorable opportunities for popularizing green technologies, while the demonstration city (NEDC) policy provides pivotal platforms propelling China’s transition. Using panel data listed companies in China, this study ascertains impact of NEDC on innovation. results indicate that has a positive effect fostering corporate beneficial is primarily attributed to heightened R&D investment, enhanced human capital, and mitigation financial constraints. exerts more pronounced influence innovation non-state-owned enterprises, high-energy-consuming those located mid-west or non-resource-based cities. Further, exhibits negative spillover effects across regions, but within industries. regional exhibit heterogeneity, with inhibitory being significant eastern regions

Язык: Английский