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The Impact of Economic Environmental Regulations on Industrial Firms' Technological Innovation - An Empirical Study Based on the Eastern Region

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DOI: 10.23977/ieim.2022.050309 | Downloads: 14 | Views: 422

Author(s)

Zhang Jiao 1

Affiliation(s)

1 Northwest Minzu University, Lanzhou, Gansu Province, China

Corresponding Author

Zhang Jiao

ABSTRACT

While enterprises continue to develop, they have caused certain damage to the ecological environment, and studies have shown that technological innovation is beneficial to the protection of the ecological environment. Can environmental regulations promote technological innovation? And does heterogeneity exist among different environmental regulations on technological innovation? These two questions are of great academic importance for guiding enterprises to achieve their technological innovation goals and promoting the government to formulate a unified and effective environmental regulation strategy. In this paper, based on the panel data of 13 provinces and cities in the eastern region of China from 2012-2021, regression analysis is conducted using STATA software to study the impact of economic-type environmental regulations on industrial enterprises' conducting technological innovation. The results show that: cost-based environmental regulations have a relatively obvious hindering effect on industrial enterprises to carry out technological innovation, and cannot effectively promote enterprises to sustain product and technological innovation within the system; investment-based environmental regulations have long-term benefits on industrial enterprises to carry out technological innovation, and can enhance the motivation of enterprises to carry out technological innovation. 

KEYWORDS

Cost-based environmental regulation; investment-based environmental regulation; technological innovation

CITE THIS PAPER

Zhang Jiao, The Impact of Economic Environmental Regulations on Industrial Firms' Technological Innovation - An Empirical Study Based on the Eastern Region. Industrial Engineering and Innovation Management (2022) Vol. 5: 65-69. DOI: http://dx.doi.org/10.23977/ieim.2022.050309.

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