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Effect of technology finance on enterprise export green-sophistication

Author

Listed:
  • Wang, Mengsha
  • Mei, Jiangqiao
  • Zhou, Chaobo

Abstract

On the basis of the listed companies in China from 2007 to 2015, we use the difference-in-difference method to evaluate the influence of the technology finance (TF) on export green-sophistication (EGS) of the enterprises. Results show that TF improves the EGS of enterprises. The mechanism analysis reveals that TF promotes the EGS by enhancing enterprise green innovation and alleviating financing constraints. Media attention can further expand the effectiveness of TF in enhancing enterprise EGS. The heterogeneity results show that the promotion of TF on EGS is mainly reflected in enterprises located in eastern cities and state-owned enterprises. Therefore, we should continue to implement the science and technology finance system, adhere to the combination of technology and finance, promote the innovation-driven development model, enhance the export competitiveness of enterprises, and realize the transformation and upgrading of trade.

Suggested Citation

  • Wang, Mengsha & Mei, Jiangqiao & Zhou, Chaobo, 2025. "Effect of technology finance on enterprise export green-sophistication," Finance Research Letters, Elsevier, vol. 85(PE).
    • Handle: RePEc:eee:finlet:v:85:y:2025:i:pe:s1544612325015090
    DOI: 10.1016/j.frl.2025.108255
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