Tytuł artykułu
Autorzy
Wybrane pełne teksty z tego czasopisma
Identyfikatory
Warianty tytułu
Języki publikacji
Abstrakty
This study used 2017-2019 Chinese A-share-listed automobile manufacturing companies as research samples to analyse the impact of the government-business relationship on eco-innovation. We found that a healthy government-business relationship had a positive impact on enterprise eco-innovation. The mediating effects test verified that a healthy government-business relationship affected enterprise eco-innovation through financing constraints. In addition, managerial ownership significantly increased the positive impact of a healthy government-business relationship on enterprise eco-innovation. We also found that a healthy government-business relationship had a more substantial impact on enterprise eco-innovation in non-state-owned enterprises when considering corporate property rights. The study results provide empirical evidence for the influence of the government-business relationship on enterprise eco-innovation and deepen our understanding of eco-innovation in China’s automobile manufacturing industry.
Czasopismo
Rocznik
Tom
Strony
541--561
Opis fizyczny
Bibliogr. 57 poz., rys., tab.
Twórcy
autor
- School of Business, Qingdao University, Qingdao 266071, China
autor
- College of Business Administration, Henan Finance University, Zhengzhou 451464, China
autor
- Department of International Economics and Trade, College of Commerce, Hebei University of Economics and Business, Shijiazhuang 050061, China
autor
- School of Business, Qingdao University, Qingdao 266071, China
Bibliografia
- [1] Dong Z, Wei X, Zhang Y. The allocation of entrepreneurial efforts in a rent-seeking society: Evidence from China. J Comp Econ. 2016;44:353-71. DOI: 10.1016/j.jce.2015.02.004.
- [2] Baumol WJ. Entrepreneurship: Productive, unproductive, and destructive. J Polit Econ. 1990;98:893-921. Available from: https://www.jstor.org/stable/2937617.
- [3] Baumol WJ. Entrepreneurship, Management, and the Structure of Payoffs. Cambridge, MA: MIT Press; 1994. Available from: https://mitpress.mit.edu/books/entrepreneurship-management-and-structure-payoffs.
- [4] The Free-Market Innovation Machine. 2004. Available from: https://press.princeton.edu/books/paperback/9780691116303/the-free-market-innovation-machine.
- [5] Lema R, Johnson B, Andersen AD, Lundvall BA, Chaudhary A. Low-Carbon Innovation and Development. Rochester, NY: Social Science Research Network; 2014. Report No.: ID 2427065. Available from: https://papers.ssrn.com/abstract=2427065.
- [6] Z_uk O, Kosior G, Oloś G. Characteristics of acute toxicity dynamics of selected toxicants on aquatic crustaceans. Ecol Chem Eng S. 2019;26(2):397-408. DOI: 10.1515/eces-2019-0028.
- [7] Saturnino Neto A, José Chiappetta Jabbour C, Beatriz Lopes de Sousa Jabbour A. Green training supporting eco-innovation in three Brazilian companies: practices and levels of integration. Ind Commer Train. 2014;46:387-92. DOI: 10.1108/ICT-02-2014-0010.
- [8] Montalvo C, Diaz Lopez FJ, Brandes F. Potential for Eco-innovation in Nine Sectors of the European Economy. 2011. DOI: 10.13140/RG.2.1.3718.6084.
- [9] Kim T. Confucianism, Modernities and Knowledge: China, South Korea and Japan. In: Cowen R, Kazamias AM, editors. International Handbook of Comparative Education. Dordrecht: Springer Netherlands; 2009; 857-72. DOI: 10.1007/978-1-4020-6403-6_55.
- [10] Gast J, Gundolf K, Cesinger B. Doing business in a green way: A systematic review of the ecological sustainability entrepreneurship literature and future research directions. J Clean Prod. 2017;147:44-56. DOI: 10.1016/j.jclepro.2017.01.065.
- [11] Aldrich H, Martin R. Organizations Evolving. SAGE; 2006. Available from: https://sk.sagepub.com/books/organizations-evolving-2e.
- [12] Frye T, Shleifer A. The Invisible Hand and the Grabbing Hand. National Bureau of Economic Research; 1996. Report No.: 5856. Available from: https://www.nber.org/papers/w5856.
- [13] Lim DSK, Morse EA, Mitchell RK, Seawright KL. Institutional environment and entrepreneurial cognitions: A comparative business systems perspective. Entrep Theory Pract. 2010;34:491-516. DOI: 10.1111/j.1540-6520.2010.00384.x.
- [14] OECD. Eco-Innovation in Industry: Enabling Green Growth. Eco-Innov Ind Enabling Green Growth. 2010;1-276. Available from: https://www.oecd.org/sti/ind/ecoinnovationinindustryenablinggreengrowth.htm.
- [15] Gerlach A. Sustainable entrepreneurship and innovation. Corp Soc Responsib Environ Manage. 2003;29-30. Available from: https://fdocuments.in/reader/full/sustainable-entrepreneurship-and-innovation-typeentrepreneurship-andsustainable.
- [16] Arundel A, Kemp R. Measuring eco-innovation. UNI-MERIT Res Memo. 2009;2009:1-40. Available from: https://collections.unu.edu/eserv/UNU:869/rb01_08_measuring_eco_innovation.pdf.
- [17] Pujari D. Eco-innovation and new product development: understanding the influences on market performance. Technovation. 2006;26:76-85. DOI: 10.1016/j.technovation.2004.07.006.
- [18] Halila F, Rundquist J. The development and market success of eco-innovations: A comparative study of eco-innovations and “other” innovations in Sweden. Eur J Innov Manage. 2011;14:278-302. DOI: 10.1108/14601061111148807.
- [19] Iyer ES, Reczek RW. The intersection of sustainability, marketing, and public policy: Introduction to the special section on sustainability. J Public Policy Mark. 2017;36:246-54. DOI: 10.1509/jppm.36.250.
- [20] Silva DO, Bagno RB, Salerno MS. Models for innovation management: review and analysis of the literature. Production. 2014;24:477-90. DOI: 10.1590/S0103-65132013005000059.
- [21] Cagnazzo L, Taticchi P, Botarelli M. A literature review on innovation management tools. Rev Adm Universidade Fed St Maria. 2008;1:316-30. DOI: 10.5902/19834659620.
- [22] Hidalgo A, Albors J. Innovation management techniques and tools: a review from theory and practice. RD Manage. 2008;38:113-27. DOI: 10.1111/j.1467-9310.2008.00503.x.
- [23] Díaz-García C, González-Moreno Á, Sáez-Martínez FJ. Eco-innovation: insights from a literature review. Innovation. 2015;17:6-23. DOI: 10.1080/14479338.2015.1011060.
- [24] Cai W, Li G. The drivers of eco-innovation and its impact on performance: Evidence from China. J Clean Prod. 2018;176:110-8. DOI: 10.1016/j.jclepro.2017.12.109.
- [25] Boyd GA, Pang JX. Estimating the linkage between energy efficiency and productivity. Energy Policy. 2000;28:289-96. DOI: 10.1016/S0301-4215(00)00016-1.
- [26] Oh M, Shin J, Park PJ, Kim S. Does eco-innovation drive sales and technology investment? Focusing on eco-label in Korea. Bus Strategy Environ. 2020;29:3174-86. DOI: 10.1002/bse.2565.
- [27] Loučanová E, Šupín M, Čorejová T, Repková-Štofková K, Šupínová M, Štofková Z, et al. Sustainability and branding: An integrated perspective of eco-innovation and brand. Sustainability. 2021;13:732. DOI: 10.3390/su13020732.
- [28] International Organization for Standardization: Geneve (Switzerland). ISO 14006:2011. Environmental management systems - Guidelines for incorporating ecodesign. Available from: https://www.iso.org/cms/render/live/en/sites/isoorg/contents/data/standard/04/32/43241.html.
- [29] Hall BH. The financing of research and development. Oxf Rev Econ Policy. 2002;18:35-51. DOI: 10.1093/oxrep/18.1.35.
- [30] Hall BH. The Financing of Innovation. The Handbook of Technology and Innovation Management. S. Shane, editor. Oxford: Blackwell Publishers; 2005, 409-30. Available from: https://www.wiley.com/en-ag/The+Handbook+of+Technology+and+Innovation+Management-p-9781405127912.
- [31] Guo L, Long W, Dai Z. Manufacturing R&D investment efficiency and financing constraints: evidence from China. Appl Econ. 2021;53:676-87. DOI: 10.1080/00036846.2020.1808580.
- [32] Savignac F. Impact of financial constraints on innovation: What can be learned from a direct measure? Econ Innov New Technol. 2008;17:553-69. DOI: 10.1080/10438590701538432.
- [33] Broome T, Moore W, Alleyne P. Financing constraints and the R&D decision in the Caribbean. Entrep Reg Dev. 2018;30:964-86. DOI: 10.1080/08985626.2018.1515820.
- [34] Yu CH, Wu X, Zhang D, Chen S, Zhao J. Demand for green finance: Resolving financing constraints on green innovation in China. Energy Policy. 2021;153:112255. DOI: 10.1016/j.enpol.2021.112255.
- [35] Nanda R, Rhodes-Kropf M. Financing risk and innovation. Manage Sci. 2017;63:901-18. DOI: 10.1287/mnsc.2015.2350.
- [36] Münzel C, Plötz P, Sprei F, Gnann T. How large is the effect of financial incentives on electric vehicle sales? - A global review and European analysis. Energy Econ. 2019;84:104493. DOI: 10.1016/j.eneco.2019.104493.
- [37] Jenn A, Springel K, Gopal AR. Effectiveness of electric vehicle incentives in the United States. Energy Policy. 2018;119:349-56. DOI: 10.1016/j.enpol.2018.04.065.
- [38] Kester J, Noel L, de Rubens GZ, Sovacool B. Policy mechanisms to accelerate electric vehicle adoption: a qualitative review from the Nordic region. Renew Sustain Energy Rev. 2018;94:719-31. DOI: 10.1016/j.rser.2018.05.067.
- [39] Lai WH, Lin CC, Wang TC. Exploring the interoperability of innovation capability and corporate sustainability. J Bus Res. 2015;68:867-71. DOI: 10.1016/j.jbusres.2014.11.043.
- [40] Forcadell FJ, Aracil E, Úbeda F. The influence of innovation on corporate sustainability in the international banking industry. Sustainability. 2019;11:3210. DOI: 10.3390/su11113210.
- [41] Jensen MC, Meckling WH. Theory of the firm: Managerial behavior, agency costs and ownership structure. J Financ Econ. 1976;3:305-60. DOI: 10.1016/0304-405X(76)90026-X.
- [42] Peng MW, Wang DY, Jiang Y. An institution-based view of international business strategy: A focus on emerging economies. J Int Bus Stud. 2008;39:920-36. DOI: 10.1057/palgrave.jibs.8400377.
- [43] RUC National Academy of Development and Strategy. Government-Business Relations Ranking List 2018. Beijing: RUC National Academy of Development and Strategy; 2019. Available from: http://en.nads.ruc.edu.cn/Multimedia/0f8409f1d5b340009a3012dbe518c913.htm.
- [44] Zhang D, Rong Z, Ji Q. Green innovation and firm performance: Evidence from listed companies in China. Resour Conserv Recycl. 2019;144:48-55. DOI: 10.1016/j.resconrec.2019.01.023.
- [45] Albino V, Ardito L, Dangelico RM, Messeni Petruzzelli M. Understanding the development trends of low-carbon energy technologies: A patent analysis. Appl Energy. 2014;135:836-54. DOI: 10.1016/j.apenergy.2014.08.012.
- [46] Wu Y, Gu F, Ji Y, Guo J, Fan Y. Technological capability, eco-innovation performance, and cooperative R&D strategy in new energy vehicle industry: Evidence from listed companies in China. J Clean Prod. 2020;261:121157. DOI: 10.1016/j.jclepro.2020.121157.
- [47] Gotti G, Han S, Higgs JL, Kang T. Managerial stock ownership, analyst coverage, and audit fee. J Account Audit Finance. 2012;27:412-37. DOI: 0.1177/0148558X11409158.
- [48] Shen H, Hou F. Trade policy uncertainty and corporate innovation evidence from Chinese listed firms in new energy vehicle industry. Energy Econ. 2021;97:105217. DOI: 10.1016/j.eneco.2021.105217.
- [49] Chan K, Wang J, Wei KCJ. Underpricing and long-term performance of IPOs in China. J Corp Finance. 2004;10:409-30. DOI: 10.1016/S0929-1199(03)00023-3.
- [50] Guan KL. Will the intimate and clean relationship between politics and business affect corporate innovations? Empirical evidences from China’s listed companies. Contemp Finance Econ. 2019;2019:130-41. Available from: http://cfejxufe.magtech.com.cn/ddcj/EN/Y2019/V0/I06/1827.
- [51] Hadlock CJ, Pierce JR. New evidence on measuring financial constraints: Moving beyond the KZ Index. Rev Financ Stud. 2010;23:1909-40. DOI: 10.1093/rfs/hhq009.
- [52] Wen F, Li C, Sha H, Shao L. How does economic policy uncertainty affect corporate risk-taking? Evidence from China. Finance Res Lett. 2021;41:101840. DOI: 10.1016/j.frl.2020.101840.
- [53] Baron RM, Kenny DA. The moderator-mediator variable distinction in social psychological research: conceptual, strategic, and statistical considerations. J Pers Soc Psychol. 1986;51:1173-82. DOI: 10.1037//0022-3514.51.6.1173.
- [54] Wen ZL, Ye BJ. Analyses of mediating effects: The development of methods and models. Adv Psychol Sci. 2014;22:731-45. DOI: 10.3724/SP.J.1042.2014.00731.
- [55] Gao Y, Han KS. Managerial overconfidence, CSR and firm value. Asia-Pac J Account Econ. 2020;1-19. DOI: 10.1080/16081625.2020.1830558.
- [56] Sołowski G, Konkol I, Cenian A. Perspectives of hydrogen production from corn wastes in Poland by means of dark fermentation. Ecol Chem Eng S. 2019;26(2):255-63. DOI: 10.1515/eces-2019-0031.
- [57] Hamilton GG, Biggart NW. Market, culture, and authority: A comparative analysis of management and organization in the Far East. Am J Sociol. 1988;94:S52-94. Available from: https://www.jstor.org/stable/2780242.
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-b39d3079-1aa9-4716-b510-fdd14ba611fa