By constructing the evolutionary game model among the government,enterprises and consumers,the paper analyzes the condition that the profit and loss relationship of the game subjects and their behavior strategies reac...By constructing the evolutionary game model among the government,enterprises and consumers,the paper analyzes the condition that the profit and loss relationship of the game subjects and their behavior strategies reach the stable state in the green technology innovation system,and uses MATLAB to conduct data simulation analysis.The results show that the government,enterprises and consumers have path-dependent behavior choices.The larger the government incentive coefficient and subsidy coefficient is not the better,but the larger the subsidy and subsidy coefficient will hinder the green technology innovation.Government punitive measures will promote green technology innovation,but high innovation subsidies will restrain the government’s environmental regulation.Therefore,the government should further improve environmental regulation policies,increase enterprises’enthusiasm for green technology innovation and consumers’acceptance of green products,and promote the development of green technology innovation.展开更多
Green Enterprises are a modernized enterprise mode. The paper analyzes the internal stable mechanism and motive system for the sustainable development of green enterprises in three aspects： environment, culture and i...Green Enterprises are a modernized enterprise mode. The paper analyzes the internal stable mechanism and motive system for the sustainable development of green enterprises in three aspects： environment, culture and innovation. The paper discusses the three subsystems respectively in the light of green enterprises. The green innovation is not a static and stable system, but is always in a dynamic state of nonequilibrium, where the existing order is broken. Meanwhile, the great reaction of the green innovation on environment also brings about a great advance in the sustainable development of green enterprises.展开更多
Against the backdrop of the carbon neutrality strategy,the key issue remains how green finance can boost enterprise green innovation and social transformation.The paper introduces the policy of Pilot Zones forGreen Fi...Against the backdrop of the carbon neutrality strategy,the key issue remains how green finance can boost enterprise green innovation and social transformation.The paper introduces the policy of Pilot Zones forGreen FinanceReform and Innovations("the PZGFRI Policy")announced in 2017 as a quasi-natural experiment and probes into whether green finance has a significant impact on enterprise green innovation as well as its mechanism based on the green patent data of China's A-share listed companies in the Shanghai Stock Exchange and the Shenzhen Stock Exchange from 2012 to 2019.The paper reaches the conclusion that the PZGFRI Policy has significantly promoted the green innovation of enterprises.In terms of heterogeneity of enterprise characteristics,it generates greater impacts on non-polluting firms,large-scale enterprises,and state-owned companies.For the heterogeneity of the financial environment,the PZGFRI Policy provides more benefits for those in regions with less competitive banks.As for the mechanism,green finance advances enterprise green innovation by increasing the proportion of long-term loans of enterprises and improving their debt structure.However,evidence related to financing cost channels has not yet been found.Continued improvement of the green financial system is preferred.Further,green finance should be encouraged to play an important role in the green transformation of society,the realization of carbon neutrality goals,and long-term ecological conservation.展开更多
文摘By constructing the evolutionary game model among the government,enterprises and consumers,the paper analyzes the condition that the profit and loss relationship of the game subjects and their behavior strategies reach the stable state in the green technology innovation system,and uses MATLAB to conduct data simulation analysis.The results show that the government,enterprises and consumers have path-dependent behavior choices.The larger the government incentive coefficient and subsidy coefficient is not the better,but the larger the subsidy and subsidy coefficient will hinder the green technology innovation.Government punitive measures will promote green technology innovation,but high innovation subsidies will restrain the government’s environmental regulation.Therefore,the government should further improve environmental regulation policies,increase enterprises’enthusiasm for green technology innovation and consumers’acceptance of green products,and promote the development of green technology innovation.
文摘Green Enterprises are a modernized enterprise mode. The paper analyzes the internal stable mechanism and motive system for the sustainable development of green enterprises in three aspects： environment, culture and innovation. The paper discusses the three subsystems respectively in the light of green enterprises. The green innovation is not a static and stable system, but is always in a dynamic state of nonequilibrium, where the existing order is broken. Meanwhile, the great reaction of the green innovation on environment also brings about a great advance in the sustainable development of green enterprises.
基金This paper is supported by general project of the National Natural Science Foundation of China(No.71973143).
文摘Against the backdrop of the carbon neutrality strategy,the key issue remains how green finance can boost enterprise green innovation and social transformation.The paper introduces the policy of Pilot Zones forGreen FinanceReform and Innovations("the PZGFRI Policy")announced in 2017 as a quasi-natural experiment and probes into whether green finance has a significant impact on enterprise green innovation as well as its mechanism based on the green patent data of China's A-share listed companies in the Shanghai Stock Exchange and the Shenzhen Stock Exchange from 2012 to 2019.The paper reaches the conclusion that the PZGFRI Policy has significantly promoted the green innovation of enterprises.In terms of heterogeneity of enterprise characteristics,it generates greater impacts on non-polluting firms,large-scale enterprises,and state-owned companies.For the heterogeneity of the financial environment,the PZGFRI Policy provides more benefits for those in regions with less competitive banks.As for the mechanism,green finance advances enterprise green innovation by increasing the proportion of long-term loans of enterprises and improving their debt structure.However,evidence related to financing cost channels has not yet been found.Continued improvement of the green financial system is preferred.Further,green finance should be encouraged to play an important role in the green transformation of society,the realization of carbon neutrality goals,and long-term ecological conservation.
