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Enhancing Green Innovation Through National Intellectual Capital: The Role of Institutional Quality in Asia–Pacific Economies

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  • Thi Le

    (Murdoch Business School, Murdoch University, 90 South Street, Murdoch Perth, WA 6150, Australia
    CRTRAD, Thuongmai University, Hanoi 122868, Vietnam)

  • Ngoc Phu Tran

    (Murdoch Business School, Murdoch University, 90 South Street, Murdoch Perth, WA 6150, Australia)

  • Ariful Hoque

    (Murdoch Business School, Murdoch University, 90 South Street, Murdoch Perth, WA 6150, Australia)

Abstract

The impact of intellectual capital on green innovation has been extensively studied at the firm level. However, the influence of moderating factors on this dynamic at the national level remains underexplored in previous studies. This study examines the role of institutional quality in moderating the relationship between national intellectual capital and green innovation across seventeen Asia–Pacific economies over the last twenty years, starting from 2000. Various techniques are employed to account for cross-sectional dependence and slope homogeneity in panel data analysis, enabling the examination of this relationship over the long and short term. The study also considers the marginal effects of national intellectual capital on green innovation at different degrees of institutional quality. Overall findings indicate that increasing national intellectual capital and institutional quality increases green innovation. Interestingly, the effects of national intellectual capital on green innovation intensify with a greater degree of institutional quality. We also find that enhancing economic growth and the efficient exploitation of natural resources appear to stimulate green innovation in Asia–Pacific economies. Findings imply that policies to improve green innovation should align with traditional economic growth strategies and effectively leverage intangible resources, particularly national intellectual capital. This unique empirical study examines the moderating role of institutional quality in the national intellectual capital–green innovation nexus in Asia–Pacific economies.

Suggested Citation

  • Thi Le & Ngoc Phu Tran & Ariful Hoque, 2025. "Enhancing Green Innovation Through National Intellectual Capital: The Role of Institutional Quality in Asia–Pacific Economies," Economies, MDPI, vol. 13(5), pages 1-20, May.
    • Handle: RePEc:gam:jecomi:v:13:y:2025:i:5:p:126-:d:1649943
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    References listed on IDEAS

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    2. Gao, Qiang & Cheng, Changming & Sun, Guanglin, 2023. "Big data application, factor allocation, and green innovation in Chinese manufacturing enterprises," Technological Forecasting and Social Change, Elsevier, vol. 192(C).
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    5. Valter Vairinhos & Florinda Matos & Ana Josefa Matos, 2019. "National Intellectual Capital Influence on Innovation and Sustainability," Springer Books, in: Florinda Matos & Valter Vairinhos & Paulo Maurício Selig & Leif Edvinsson (ed.), Intellectual Capital Management as a Driver of Sustainability, chapter 0, pages 221-237, Springer.
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