Environmental technology (ET) refers to the processes and techniques for environmental prevention, reduction, recycling, reuse and rehabilitation. Since 1978, China has launched a series of R&D programs in promoti...Environmental technology (ET) refers to the processes and techniques for environmental prevention, reduction, recycling, reuse and rehabilitation. Since 1978, China has launched a series of R&D programs in promoting environmental science and technology development. Uneven spatial distribution and sectoral structure give us a profile of the present status of ET in China. Both opportunities and constraints are analyzed for the development of ET, and strategies for its future development are presented in this paper.展开更多
In recent years, China has promulgated many laws and regulations of environmental protection, gradually forming an environmental regulation system, and most enterprises are under the dual pressure of environmental pro...In recent years, China has promulgated many laws and regulations of environmental protection, gradually forming an environmental regulation system, and most enterprises are under the dual pressure of environmental protection and business performance. It would be a significant way that enterprises undertake R&D activities for a change. This paper is based on the Shanghai and Shenzhen A-share listed heavy pollution enterprises in 2011-2016, which is based on the review and summary of research results of former researchers, combining with current environmental regulation situation of our country, raising the relevant hypothesis between environmental regulations, R&D investment and business performance against heavy pollution industry. Adopting the method of empirical research, it also built the linear regression model which employs the relevant financial data of heavy-polluting enterprises in China as the statistical research sample. The relationship for heavy-polluting enterprises affected by environmental regulations between environmental protection R&D investment and enterprise business performance was tested. The results show that there is a positive influence on the environmental R&D investment and business performance, and a lag effect upon the R&D investment of enterprises to business performance. Finally, the research results were used to evaluates problems existing in the R&D investment on pollution industry in China as well as business performance and we put forward some suggestions on improving environmental regulation standards and technology innovation consciousness as well as optimizing the structure of R&D investment.展开更多
By introducing a knowledge production function which combines both foreign technology imports and domestic research and development (R&D) expenditure into an endogenous technological progress model, this paper exam...By introducing a knowledge production function which combines both foreign technology imports and domestic research and development (R&D) expenditure into an endogenous technological progress model, this paper examines the mechanism that determines enterprises' R&D intensity in developing countries, and explores how factors such as technological gap, technology absorptive capacity, innovation environment and innovation ability would impact Chinese enterprises'decision made on R&D intensity. Our results suggest that technological gap has no significant single impact on enterprises'R&D intensity, but rather influences enterprises'decision on R&D jointly with other factors such as degree of openness and human capital. A relative fall in efficiency of technology imitation recently has a negative effect on total R&D intensity but helps to promote enterprises' independent R&D. In addition, among factors related to R&D innovation environment, industrial R&D intensity has a significantly positive impact on enterprises' independent R&D intensity, while regional economies of scale, proportion of large enterprises and proportion of government R&D investment have some certain negative impacts.展开更多
As a part of the redundancy of organization, financial slack has become the focus of academic research. This paper takes the listed companies of manufacturing industry above Designated Size as sample, using multiple r...As a part of the redundancy of organization, financial slack has become the focus of academic research. This paper takes the listed companies of manufacturing industry above Designated Size as sample, using multiple regressionto examine the relationship between corporate financial slack and R & D investment under dynamic environment, using the Malmquist index method based on DEA model to analyze the innovation efficiency of Chinese manufacturing industry during the period of 2009-2013. The results show that: Financial slack and R & D investment intensity presents inverted "U" type relationship in?sample?companies, and the relationship is positively regulated by environmental dynamism; Financial slackpromotes R & D investment but have lag effect.展开更多
As a part of the redundancy of organization, financial slack has become the focus of academic research. This paper takes the listed companies of manufacturing industry above Designated Size as sample, using multiple r...As a part of the redundancy of organization, financial slack has become the focus of academic research. This paper takes the listed companies of manufacturing industry above Designated Size as sample, using multiple regression to examine the relationship between corporate financial slack and R & D investment under dynamic environment, using the Malmquist index method based on DEA model to analyze the innovation efficiency of Chinese manufacturing industry during the period of2009-2013. The results show that: Financial slack and R & D investment intensity presents inverted "U" type relationship in?sample?companies, and the relationship is positively regulated by environmental dynamism; Financial slack promotes R & D investment but have lag effect.展开更多
文摘Environmental technology (ET) refers to the processes and techniques for environmental prevention, reduction, recycling, reuse and rehabilitation. Since 1978, China has launched a series of R&D programs in promoting environmental science and technology development. Uneven spatial distribution and sectoral structure give us a profile of the present status of ET in China. Both opportunities and constraints are analyzed for the development of ET, and strategies for its future development are presented in this paper.
基金supported by Jiangsu University Philosophical and Social Science Research Projects (Grant No. 2014SJB4442014)
文摘In recent years, China has promulgated many laws and regulations of environmental protection, gradually forming an environmental regulation system, and most enterprises are under the dual pressure of environmental protection and business performance. It would be a significant way that enterprises undertake R&D activities for a change. This paper is based on the Shanghai and Shenzhen A-share listed heavy pollution enterprises in 2011-2016, which is based on the review and summary of research results of former researchers, combining with current environmental regulation situation of our country, raising the relevant hypothesis between environmental regulations, R&D investment and business performance against heavy pollution industry. Adopting the method of empirical research, it also built the linear regression model which employs the relevant financial data of heavy-polluting enterprises in China as the statistical research sample. The relationship for heavy-polluting enterprises affected by environmental regulations between environmental protection R&D investment and enterprise business performance was tested. The results show that there is a positive influence on the environmental R&D investment and business performance, and a lag effect upon the R&D investment of enterprises to business performance. Finally, the research results were used to evaluates problems existing in the R&D investment on pollution industry in China as well as business performance and we put forward some suggestions on improving environmental regulation standards and technology innovation consciousness as well as optimizing the structure of R&D investment.
基金This study has been supported by “Research on Chinese Enterprises' R&D Efficiency and Its Influencing Factors” under National Natural Science Foundation of China (70902002), “Research on Beijing Enterprises' R&D Efficiency and Its Influencing Factors: Analysis Based on Cutting-edge” under Beijing Natural Science Foundation (9102019), together with “Program for New Century Excellent Talents in University” under the Ministry of Education and Key Project under the “211 Project” for Central University of Finance and Economics.
文摘By introducing a knowledge production function which combines both foreign technology imports and domestic research and development (R&D) expenditure into an endogenous technological progress model, this paper examines the mechanism that determines enterprises' R&D intensity in developing countries, and explores how factors such as technological gap, technology absorptive capacity, innovation environment and innovation ability would impact Chinese enterprises'decision made on R&D intensity. Our results suggest that technological gap has no significant single impact on enterprises'R&D intensity, but rather influences enterprises'decision on R&D jointly with other factors such as degree of openness and human capital. A relative fall in efficiency of technology imitation recently has a negative effect on total R&D intensity but helps to promote enterprises' independent R&D. In addition, among factors related to R&D innovation environment, industrial R&D intensity has a significantly positive impact on enterprises' independent R&D intensity, while regional economies of scale, proportion of large enterprises and proportion of government R&D investment have some certain negative impacts.
文摘As a part of the redundancy of organization, financial slack has become the focus of academic research. This paper takes the listed companies of manufacturing industry above Designated Size as sample, using multiple regressionto examine the relationship between corporate financial slack and R & D investment under dynamic environment, using the Malmquist index method based on DEA model to analyze the innovation efficiency of Chinese manufacturing industry during the period of 2009-2013. The results show that: Financial slack and R & D investment intensity presents inverted "U" type relationship in?sample?companies, and the relationship is positively regulated by environmental dynamism; Financial slackpromotes R & D investment but have lag effect.
文摘As a part of the redundancy of organization, financial slack has become the focus of academic research. This paper takes the listed companies of manufacturing industry above Designated Size as sample, using multiple regression to examine the relationship between corporate financial slack and R & D investment under dynamic environment, using the Malmquist index method based on DEA model to analyze the innovation efficiency of Chinese manufacturing industry during the period of2009-2013. The results show that: Financial slack and R & D investment intensity presents inverted "U" type relationship in?sample?companies, and the relationship is positively regulated by environmental dynamism; Financial slack promotes R & D investment but have lag effect.