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Risk identification, evaluation and response of low-carbon technological innovation under the global value chain: A case of the Chinese manufacturing industry

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  • Bi, Kexin
  • Huang, Ping
  • Ye, Hui

Abstract

This paper analyzes the risk of low-carbon technological innovation in emerging economies under globalization, by integrating the method of global value chain (GVC) and technological innovation linear progress into a new analytical framework. Based on the proposed framework, this research is conducted from three perspectives — research and development risk, manufacturing risk and marketing risk. Subsequently, on the basis of the constructed risk evaluation index system, using the Analytic Hierarchy Process (AHP) and a comprehensive evaluation method based on triangular fuzzy numbers, this paper evaluates the risk of low-carbon technological innovation under the GVC in the Chinese manufacturing industry. The results show that the global low-carbon manufacturing risk ranged between low and moderate, while the global low-carbon research and development risk, and the global marketing risk ranged between moderate and high. In accordance with these results, this paper puts forward a decision making process of risk response modes and the corresponding risk response strategies for Chinese manufacturers.

Suggested Citation

  • Bi, Kexin & Huang, Ping & Ye, Hui, 2015. "Risk identification, evaluation and response of low-carbon technological innovation under the global value chain: A case of the Chinese manufacturing industry," Technological Forecasting and Social Change, Elsevier, vol. 100(C), pages 238-248.
    • Handle: RePEc:eee:tefoso:v:100:y:2015:i:c:p:238-248
    DOI: 10.1016/j.techfore.2015.07.005
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    2. Xixuan Guo & Kaixiang Huang & Lanyu Li & Xiaonan Wang, 2022. "Renewable Energy for Balancing Carbon Emissions and Reducing Carbon Transfer under Global Value Chains: A Way Forward," Sustainability, MDPI, vol. 15(1), pages 1-17, December.
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    5. Andrei G. Shelomentsev & Kseniya S. Goncharova & Igor M. Stepnov & Julia A. Kovalchuk & Do Huong Lan & Roman S. Golov, 2021. "Strategic Innovation as a Factor of Adaptation of National Economies to the Development of Global Value Chains," Sustainability, MDPI, vol. 13(17), pages 1-27, August.
    6. Sun, Chuanwang & Li, Zhi & Ma, Tiemeng & He, Runyong, 2019. "Carbon efficiency and international specialization position: Evidence from global value chain position index of manufacture," Energy Policy, Elsevier, vol. 128(C), pages 235-242.
    7. Bi, Kexin & Huang, Ping & Wang, Xiangxiang, 2016. "Innovation performance and influencing factors of low-carbon technological innovation under the global value chain: A case of Chinese manufacturing industry," Technological Forecasting and Social Change, Elsevier, vol. 111(C), pages 275-284.
    8. Doğan, Buhari & Ghosh, Sudeshna & Hoang, Dung Phuong & Chu, Lan Khanh, 2022. "Are economic complexity and eco-innovation mutually exclusive to control energy demand and environmental quality in E7 and G7 countries?," Technology in Society, Elsevier, vol. 68(C).
    9. Adolf Akwei Acquaye & Fred Amofa Yamoah & Taofeeq Ibn-Mohammed & Enoch Quaye & David Eshun Yawson, 2023. "Equitable Global Value Chain and Production Network as a Driver for Enhanced Sustainability in Developing Economies," Sustainability, MDPI, vol. 15(19), pages 1-23, October.
    10. Jun Jin & Zhengyi Zhang & Liying Wang, 2019. "From the Host to the Home Country, the International Upgradation of EMNEs in Sustainability Industries—The Case of a Chinese PV Company," Sustainability, MDPI, vol. 11(19), pages 1-19, September.
    11. Liu, Zhixue & Ding, Ronggui & Wang, Lei & Song, Rui & Song, Xinyi, 2023. "Cooperation in an uncertain environment: The impact of stakeholders' concerted action on collaborative innovation projects risk management," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    12. Zhao, Rui & Zhou, Xiao & Han, Jiaojie & Liu, Chengliang, 2016. "For the sustainable performance of the carbon reduction labeling policies under an evolutionary game simulation," Technological Forecasting and Social Change, Elsevier, vol. 112(C), pages 262-274.
    13. Quan Xiao, 2018. "A matter-element method for risk identification of technology innovation," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 9(3), pages 716-728, June.
    14. Jieping Chen & Xianpeng Long & Shanlang Lin, 2022. "Special Economic Zone, Carbon Emissions and the Mechanism Role of Green Technology Vertical Spillover: Evidence from Chinese Cities," IJERPH, MDPI, vol. 19(18), pages 1-22, September.
    15. Liu, Lirong & Huang, Guohe & Baetz, Brian & Guan, Yuru & Zhang, Kaiqiang, 2020. "Multi-Dimensional Hypothetical Fuzzy Risk Simulation model for Greenhouse Gas mitigation policy development," Applied Energy, Elsevier, vol. 261(C).
    16. Zhiheng Wu & Guisheng Hou & Baogui Xin, 2020. "The Causality between Participation in GVCs, Renewable Energy Consumption and CO 2 Emissions," Sustainability, MDPI, vol. 12(3), pages 1-26, February.

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