IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v200y2024ics0040162523008855.html
   My bibliography  Save this article

Unleashing the spillover potential: Exploring the role of technology-seeking investment in driving green innovation of host countries

Author

Listed:
  • Lei, Xiao
  • Chen, Xueli
  • Zhang, Bin

Abstract

The integration of green development and innovation has become a critical strategy for transforming China's energy-intensive economic growth model. This study investigates the heterogeneous impact of technology-seeking outward foreign direct investment (TSOFDI) for promoting green innovation development (GID) by examining Chinese provinces as the empirical units. Our study extends the measurement models of GID by considering both productivity and output, proposing a novel method for selecting TSOFDI projects. The empirical findings indicate significant regional disparities in the GID, with the eastern region leading in both green productivity and green output. Significantly, our study establishes a non-linear correlation between TSOFDI and GID, suggesting that the green spillover effect is contingent on the level of fiscal autonomy and environmental regulation. In conclusion, it is necessary to increase TSOFDI projects and improve investment quality. The government should guide the innovative achievements and high-quality talents from the eastern regions to flow into the central and western regions. Additionally, governments at all levels should dynamically adjust revenue and expenditure, maintaining a reasonable fiscal autonomy and a stringent environmental regulation to fully unleash the promoting role of outward investment in green innovation.

Suggested Citation

  • Lei, Xiao & Chen, Xueli & Zhang, Bin, 2024. "Unleashing the spillover potential: Exploring the role of technology-seeking investment in driving green innovation of host countries," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    • Handle: RePEc:eee:tefoso:v:200:y:2024:i:c:s0040162523008855
    DOI: 10.1016/j.techfore.2023.123200
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162523008855
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techfore.2023.123200?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:tefoso:v:200:y:2024:i:c:s0040162523008855. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.