IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v18y2026i1p458-d1831770.html

The Impacts of Government Support Schemes on Technological Innovation in High CO 2 Emitting Industries: The Case of Korea

Author

Listed:
  • Wankeun Oh

    (Department of Economics, Hankuk University of Foreign Studies, Seoul 02450, Republic of Korea)

Abstract

Korea’s industrial structure faces a critical challenge: the proportion of high CO 2 emitting industries in the GDP decreased during the 2000–2021 period, whereas their contribution to national CO 2 emissions increased. This study evaluates the impact of the government’s comprehensive support system—encompassing seven areas: tax incentives, general funding, financial support, human resource development, technical support, certification, and public purchase—on technological innovation in high CO 2 emitting industries. Using the Probit model on data from the Korea Innovation Survey 2022 (2019–2021) and a financial statement database of firms, we analyzed firms in high CO 2 emitting industries. The findings reveal that among the various forms of government support, human resources development ranks highest in its positive impact on innovation, followed by tax incentives and general funding. The results suggest that effective climate policy must shift to prioritize targeted technical and knowledge-based assistance to overcome the specific innovation prevalent in high CO 2 emitting industries.

Suggested Citation

  • Wankeun Oh, 2026. "The Impacts of Government Support Schemes on Technological Innovation in High CO 2 Emitting Industries: The Case of Korea," Sustainability, MDPI, vol. 18(1), pages 1-14, January.
    • Handle: RePEc:gam:jsusta:v:18:y:2026:i:1:p:458-:d:1831770
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/18/1/458/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/18/1/458/
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:gam:jsusta:v:18:y:2026:i:1:p:458-:d:1831770. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.