Analysis on the Policy Mechanism and Optimization of Green Technology Innovation in Manufacturing Industry-Based on the Data of Listed Companies in the New Energy Vehicle Industry

Government policy is an important means to promote green technology innovation in enterprises. However, scholars are unsure whether government policy can achieve the expected results. This paper selects new energy automobile companies as the research object, collects relevant data of 28 listed compa...

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Bibliographic Details
Published in:IOP conference series. Earth and environmental science 2020-06, Vol.510 (3), p.32022
Main Authors: Lin, Qiuman, Liu, Qin
Format: Article
Language:English
Subjects:
Clean technology
Environmental impact
Environmental regulations
Environmental testing
Government policy
Government subsidies
Green development
Innovations
Manufacturing industry
Optimization
Public policy
Regulations
Subsidies
Sustainable development
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Summary:Government policy is an important means to promote green technology innovation in enterprises. However, scholars are unsure whether government policy can achieve the expected results. This paper selects new energy automobile companies as the research object, collects relevant data of 28 listed companies in this field for nearly 10 years, and uses panel threshold models to empirically test the impact of environmental regulations and government subsidies on corporate green technology innovation. Research shows that environmental regulation can significantly promote green technology innovation. When the intensity of environmental regulations is appropriate, government subsidies can achieve the best drive for green technology innovation. This article reveals the influencing factors and mechanism of corporate green technology innovation from a micro perspective, providing a scientific basis for optimizing government policies and promoting the green development of Chinese manufacturing.
ISSN:1755-1307
1755-1315
DOI:10.1088/1755-1315/510/3/032022