Abstract:
Technology innovation, in particular green technology innovation, plays an important role in mitigating the conflicts between environment and economy. To test the induced innovation hypothesis, using China’s environmental patent panel data for the period of 2001-2009, the paper explores the impact of environmental policy on environmentally-friendly technology with nonlinear methods, which not only investigates the effect of environmental policy on technological change, but also examines the effect of the existing knowledge on it. The results show that environmental policy significantly contributes to environmental innovation, which supports the induced innovation hypothesis, and the existing knowledge has a significant positive impact on environmental innovation. It is also found that the impacts of environmental policies on the green technology innovation are dynamic. Thus certain long-run effective mechanism to be built to encourages green technology innovation to spring out continuously.
Wang Wen-pu,CHENG Bin.A Factor-influencing Analysis of Inducing Regional Technological Innovation——Evidence from Thirty One Provincial Environmental Patents[J] Economic Survey, 2013,V1(5): 13-18