Research on the Impact of Peer Dual Carbon Policy Perception on Firm Innovation Performance
Zhang Xuefeng1, Wang Xing1, Yuan Guibo1, Xuan Zhaohui2
1. School of Economics and Management,North China University of Technology,Beijing 100144,China; 2. Chinese Academy of Science and Technology for Development,Beijing 100038,China
Abstract:Science and technology innovation is the key support to achieve the goal of“Double Carbon”,and how to fully mobilize the initiative of enterprise science and technology innovation has become an urgent problem to be solved.In this paper,we measured the peer perceptions of listed companies by the text econometric analysis,quantitatively analyzed the effect of peer perceptions on corporate innovation performance and explored the mechanism of this spillover effect.It is found that peer dual carbon policy perception can significantly increase the R&D intensity,patent applications and patent acquisitions of firms.An important channel of this innovation promotion effect is the transmission of dual carbon policy perception between industries and firms.External policies,firm and industry characteristics are important moderator variables of this innovation promotion effect.The results of this paper verify that cohesive industry consensus on carbon reduction can fully mobilize the initiative of firms' scientific and technological reserves and point out that incentive policies and the strategy of giving subsidies to special industries are crucial.
张雪峰, 王星, 袁贵博, 玄兆辉. 同行“双碳”政策感知对企业创新绩效的影响研究[J]. 中国科技论坛, 2024(3): 132-141.
Zhang Xuefeng, Wang Xing, Yuan Guibo, Xuan Zhaohui. Research on the Impact of Peer Dual Carbon Policy Perception on Firm Innovation Performance. , 2024(3): 132-141.
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