Green innovation: the role of government subsidies under the system of digital finance -based on a zero-inflated negative binomial model
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F24%3A100202" target="_blank" >RIV/60460709:41110/24:100202 - isvavai.cz</a>
Result on the web
<a href="https://link-springer-com.infozdroje.czu.cz/article/10.1007/s10668-024-04856-3" target="_blank" >https://link-springer-com.infozdroje.czu.cz/article/10.1007/s10668-024-04856-3</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s10668-024-04856-3" target="_blank" >10.1007/s10668-024-04856-3</a>
Alternative languages
Result language
angličtina
Original language name
Green innovation: the role of government subsidies under the system of digital finance -based on a zero-inflated negative binomial model
Original language description
Green innovation is inevitable for improving the environment and achieving sustainable economic development. Using panel data of 3,076 enterprises listed on the Shenzhen and Shanghai stock from 2012 to 2021, the research employs the zero-inflated negative binomial (ZINB) regression to examine the impacts of government subsidies on corporate green innovation and the moderating effect of digital finance. Moreover, this paper investigates the impacts of ownership structure and industry heterogeneity. We find reliable evidence indicating a positive U-shape correlation between government subsidies and corporate green innovation. Moreover, the overall U-shape curve is elevated under the moderation of digital finance. Further analysis indicates that government subsidies significantly enhance the green innovation of non-state-owned and industrial enterprises. The findings herein provide new guidance for the government to stimulate corporate green innovation, balancing environmental quality and high-quality economic development.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
ISSN
1387-585X
e-ISSN
1387-585X
Volume of the periodical
26
Issue of the periodical within the volume
11
Country of publishing house
NL - THE KINGDOM OF THE NETHERLANDS
Number of pages
21
Pages from-to
29621-29642
UT code for WoS article
001220335900002
EID of the result in the Scopus database
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