Sustainable innovation is an important factor for enterprises to obtain core competitiveness in modern society, and only continuous R&D investment can ensure the smooth progress of enterprise innovation. Therefore, this study uses the post-subsidy data of enterprise R&D investment released by Hangzhou Science and Technology Bureau to explore the influencing factors of R&D investment and its sustainability by Chinese high-tech enterprises. In contrast to previous research which mainly focused on the pre-subsidy, this study focuses on the post-subsidy policy of R&D investment sustainability. Empirical analysis methods, such as cross-sectional linear regression and the propensity-score-matching method, were used to draw the following conclusions: (1) The quantity and sustainability of R&D investment of enterprises are obviously unbalanced among regions. Regions where high-tech enterprises are concentrated have higher levels of R&D investment and sustainability than other regions. (2) Under different scales, there are significant differences in the amount and sustainability of R&D investment. Large enterprises have stronger R&D investment strength, while small enterprises have stronger R&D investment willingness. However, the effect of scale on R&D investment will be reduced by regional factors. (3) The evaluation of high-tech enterprises and the enterprises’ R&D investments affect each other. (4) The sustainability of enterprise R&D investment will be affected by enterprise heterogeneity factors, and in turn, the sustainability of enterprise R&D investment will also affect the amount of enterprise R&D investment. Based on the results, the study provides suggestions for the government to make more targeted policies.
The textile industry is a traditional pillar industry of the national economy in China. The strategic goal of Chinese innovation is to upgrade and transform traditional industries and make them develop in coordination with high-tech industries, so as to realize sustainable industrial development. At the core of industrial sustainable development, the innovation of the textile industry in China has become an important issue worthy of attention. Based on resource-based theory and signal transfer theory, the relationship between government funding, R&D models and the innovation performance of the Chinese textile industry is studied. The results show that government funding has a significant, direct promoting effect on the internal R&D and science-based cooperation of enterprises. Government funding indirectly promotes market-based cooperation through internal R&D. The promoting effect of internal R&D on innovation performance is greater than that of cooperative R&D. Internal R&D and cooperative R&D have more promoting effects on R&D reserve performance than those on market performance. Government funding indirectly promotes innovation performance through the mediation of internal R&D and science-based cooperation. The threshold effect of cooperative R&D indicates that only when the cooperative R&D intensity exceeds the threshold can government funding foster innovation performance more effectively. The conclusions can provide theoretical guidance for the formulation of innovation policy.
Climate change and environmental conditions call for more attention to be paid to eco-friendly economic behavior. As a market-oriented environmental regulation, environmental tax can stimulate and guide enterprises’ environmental innovation in a neutral way. However, what elements connect the environmental tax and enterprise innovation activity together? Are all the enterprises’ innovation activities affected by the environmental tax in the same way? To answer the questions, the study uses the data of Chinese textile listed companies between 2004 and 2018 to explore the intermediary role of manpower and capital investment in the innovation chain and further analyze the influence of the heterogeneous factors such as property right, segmented industry, and region. The results show that the environmental tax can effectively promote the innovation capital input of Chinese textile enterprises, and the innovation manpower input plays a partial mediation role. At the same time, environmental tax can effectively promote the innovation performance output of Chinese textile enterprises, and innovation capital input plays a complete mediation role. In addition, heterogeneous factors such as property right, segmented industry and region will affect the relation of environmental tax to innovation input and output quality and greenness to varying degrees. The study makes a profound analysis of the relation of environmental tax on Chinese textile enterprises innovation by using the microdata at the enterprise level, providing a more targeted reference for making policies in the future.
Convergence between emerging technologies and traditional industries has become a crucial strategy for enhancing a technology’s competitiveness. Technical convergence (TC) for smart textiles aims to reveal the convergence of emerging technologies with textile technologies, including the field, structure, and critical technologies of the TC. For the empirical analysis, the technology life cycle (TLC) and network analysis method are utilized to observe the TC of 15,125 patent data for textiles from the Derwent Patent Database. The results indicate the following: (1) after 2021, the TC of smart textiles matured, with the number of patents reaching a peak in 2030. (2) Emerging technologies and textile technologies are inextricably linked. In addition to textile technologies, the primary technical fields involved in smart textiles are electronic engineering, tools design, chemical engineering, and mechanical engineering. Electronic engineering is the most common of these fields, accounting for 29.11%. (3) From a structural perspective, the density, breadth, and depth of the TC continues to expand. (4) Measurement, computer technology, and audio technology will be always essential to the TC, whereas electrical machinery, instrumentation, energy technology, other specialized technologies, and chemical engineering have tremendous growth potential. The findings above have substantial implications for the phenomenon of the TCs that have emerged in emerging technology and traditional industry fields. They can also aid the government in formulating policies that promote the transformation and growth of related industries.
1 January 2022 in Discrete Dynamics in Nature and Society
In the study, data of Chinese listed companies in city Hangzhou, Ningbo and Wenzhou from 2012 to 2019 are used for detailed analysis. According to the data analysis, we have got several results: (1) the tax incentive policy has a significant promoting effect on the innovation activities of enterprises. (2) For such microlevel data, we also can get more detailed conclusion by enterprise heterogeneity. Heterogeneous factors do affect the effect of tax incentives on enterprise innovation input. Based on these findings, we can provide well‐directed suggestions for future actions of enterprises and policy makers.
9 August 2022 in Computational Intelligence and Neuroscience
At a new stage of carbon peak and carbon neutral, we need to strengthen the internal impetus of institutions and policies to promote ecological civilization construction. The initiative implementation of voluntary environmental behavior (VEB) is an effective way for enterprises to achieve high quality sustainable development. The VEB of enterprises include but are not limited to compliance with voluntary environmental regulations (VER). Different from the existing literature on enterprise VER, most of which are just the verification of ISO14001, the study conducts a comprehensive exploratory research on the theoretical framework of what is driving the VEB of Chinese textile enterprises. First, based on grounded theory, the paper coded the hand-collected environmental text information of Chinese listed textile enterprises from 2004 to 2018 and constructed a complete theoretical analysis framework from motivation to performance evaluation of enterprise VEB. Second, PSM method is taken to verify the conceptual model. As a result, we find the following: (1) in addition to ISO14001, the textile enterprises involve many industry-specific VER. (2) The VEB and VER of Chinese textile enterprises promote each other. (3) Either following VER or implementing VEB can effectively increase the innovation input and then actively improve the innovation quality of Chinese textile enterprises. In this way, the conclusion not only provides analysis ideas for future empirical research, but also offers practical suggestions to Chinese textile enterprises and policy makers for environmental management.