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- W2951901227 abstract "Abstract Energy-intensive industries are a priority for achieving low-carbon economic growth in China, and a large number of government R&D subsidies have been injected into energy-intensive firms to support green innovation in recent years. Most of the existing literature has studied the impacts of R&D subsidies on the general innovation of high-tech firms or emerging enterprises. This paper explores the impacts of government R&D subsidies on the green innovation of energy-intensive firms. By employing propensity score matching with 527 samples of listed companies from 2010 to 2015, the empirical results show that government R&D subsidies increase the green innovation of energy-intensive firms, specifically their tendency and performance, by 107.3% and 54.1%, respectively. Heterogeneity analyses show that the impact is stronger in state-owned enterprises and in small and medium enterprises. Finally, some practical implications are put forward that may help to improve the efficiency of government R&D subsidies and promote the green innovation of energy-intensive firms." @default.
- W2951901227 created "2019-06-27" @default.
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- W2951901227 date "2019-10-01" @default.
- W2951901227 modified "2023-10-17" @default.
- W2951901227 title "The impacts of government R&D subsidies on green innovation: Evidence from Chinese energy-intensive firms" @default.
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- W2951901227 doi "https://doi.org/10.1016/j.jclepro.2019.06.107" @default.
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