IDEAS home Printed from https://ideas.repec.org/a/spr/endesu/v27y2025i1d10.1007_s10668-023-03922-6.html
   My bibliography  Save this article

Influence of national intellectual property demonstration enterprise policy on urban green innovation: evidence from China

Author

Listed:
  • He Yu

    (China Three Gorges University)

  • Tian Jiexin

    (China Three Gorges University)

  • Chen Zhenzhen

    (China Three Gorges University)

  • Qin Zhaohui

    (China Three Gorges University)

  • Mihasina Harinaivo Andrianarimanana

    (China Three Gorges University)

Abstract

The intellectual property system is an important strategy to establish a strong intellectual property power. How to strengthen the protection of intellectual property rights and promote green innovation in urban areas is an important issue of the current green and sustainable economic development in China. Therefore, in an attempt to assess the effect of the national intellectual property demonstration enterprise policy on green innovation in urban areas between 2005 and 2021, this paper investigates 277 prefecture-level cities in China. For that, we used the multi-period continuous difference-in-differences model and found that the national intellectual property demonstration enterprise policy has been supporting green innovation in urban areas of China. Moreover, in-depth analysis showed that this positive relationship differs following the number of reviews passed by the enterprises, the capacity of enterprises to hold their status of demonstration enterprises, and the industry in which the enterprises operate. Furthermore, we found that the national intellectual property demonstration enterprise policy promotes green innovation in urban areas through investment agglomeration and information technology support. Therefore, we recommend that policymakers continue the implementation of a dynamic management system and exit mechanism to improve the national intellectual property demonstration enterprise policy. Concurrently, it is of utmost importance to attract investment in urban areas and improve the level of informatization to support green innovation in urban areas.

Suggested Citation

  • He Yu & Tian Jiexin & Chen Zhenzhen & Qin Zhaohui & Mihasina Harinaivo Andrianarimanana, 2025. "Influence of national intellectual property demonstration enterprise policy on urban green innovation: evidence from China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 27(1), pages 1499-1518, January.
    • Handle: RePEc:spr:endesu:v:27:y:2025:i:1:d:10.1007_s10668-023-03922-6
    DOI: 10.1007/s10668-023-03922-6
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10668-023-03922-6
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10668-023-03922-6?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.

    References listed on IDEAS

    as
    1. Borghesi, Simone & Cainelli, Giulio & Mazzanti, Massimiliano, 2015. "Linking emission trading to environmental innovation: Evidence from the Italian manufacturing industry," Research Policy, Elsevier, vol. 44(3), pages 669-683.
    2. Liang Nie & ZhongXiang Zhang, 2022. "Market Segmentation and Energy Efficiency: Evidence from China’s Regional Economies," The Energy Journal, , vol. 43(6), pages 217-242, November.
    3. Myers, Stewart C. & Majluf, Nicholas S., 1984. "Corporate financing and investment decisions when firms have information that investors do not have," Journal of Financial Economics, Elsevier, vol. 13(2), pages 187-221, June.
    4. Long Qian & Xiaolin Xu & Yunjie Zhou & Ying Sun & Duoliang Ma, 2023. "Carbon Emission Reduction Effects of the Smart City Pilot Policy in China," Sustainability, MDPI, vol. 15(6), pages 1-24, March.
    5. Zhengbo Li & Feng Deng & Qiaoqiao Zhu & Li Cao & Yunyan Jiang, 2022. "Do the Chinese Government’s Efforts to Make a Low-Carbon Industrial Transition Hinder or Promote the Economic Development? Evidence from Low-Carbon Industrial Parks Pilot Policy," Sustainability, MDPI, vol. 15(1), pages 1-20, December.
    6. Wang, Ying & Deng, Xiangzheng & Zhang, Hongwei & Liu, Yujie & Yue, Tianxiang & Liu, Gang, 2022. "Energy endowment, environmental regulation, and energy efficiency: Evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 177(C).
    7. Liang Nie and ZhongXiang Zhang, 2022. "Market Segmentation and Energy Efficiency: Evidence from China's Regional Economies," The Energy Journal, International Association for Energy Economics, vol. 0(Number 6).
    8. Flannery, Mark J, 1986. "Asymmetric Information and Risky Debt Maturity Choice," Journal of Finance, American Finance Association, vol. 41(1), pages 19-37, March.
    9. Cai Zhou & Bowen Li, 2023. "How does e‐commerce demonstration city improve urban innovation? Evidence from China," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(4), pages 915-940, October.
    10. Xing Gao, 2021. "The impact of density, distance and division on intellectual property rights protection: the case of Huaihai Economic Zone, China," International Journal of Urban Sciences, Taylor & Francis Journals, vol. 25(2), pages 208-232, April.
    11. Heping Ge & Bowen Li & Decai Tang & Hao Xu & Valentina Boamah, 2022. "Research on Digital Inclusive Finance Promoting the Integration of Rural Three-Industry," IJERPH, MDPI, vol. 19(6), pages 1-18, March.
    12. Hall, Bronwyn H. & Helmers, Christian, 2013. "Innovation and diffusion of clean/green technology: Can patent commons help?," Journal of Environmental Economics and Management, Elsevier, vol. 66(1), pages 33-51.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pei Yuan & Mingzhen Shao & Chao Ma, 2024. "Unlocking Economic Unity: The Digital Economy’s Impact on Market Segmentation in China," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(4), pages 16700-16734, December.
    2. Hu, Hui & Qi, Shaozhou & Chen, Yuanzhi, 2023. "Using green technology for a better tomorrow: How enterprises and government utilize the carbon trading system and incentive policies," China Economic Review, Elsevier, vol. 78(C).
    3. Kim, Sang-Joon & Bae, John & Oh, Hannah, 2019. "Financing strategically: The moderation effect of marketing activities on the bifurcated relationship between debt level and firm valuation of small and medium enterprises," The North American Journal of Economics and Finance, Elsevier, vol. 48(C), pages 663-681.
    4. Huang, Ronghong & Tan, Kelvin Jui Keng & Faff, Robert W., 2016. "CEO overconfidence and corporate debt maturity," Journal of Corporate Finance, Elsevier, vol. 36(C), pages 93-110.
    5. Drobetz, Wolfgang & Pensa, Pascal & Wöhle, Claudia B., 2004. "Kapitalstrukturtheorie in Theorie und Praxis: Ergebnisse einer Fragebogenuntersuchung," Working papers 2004/09, Faculty of Business and Economics - University of Basel.
    6. Luc Renneboog & Peter G. Szilagyi, 2008. "Corporate Restructuring and Bondholder Wealth," European Financial Management, European Financial Management Association, vol. 14(4), pages 792-819, September.
    7. Ansgar Walther, 2016. "Jointly Optimal Regulation of Bank Capital and Liquidity," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 48(2-3), pages 415-448, March.
    8. Segarra Blasco, Agustí, 1958- & Teruel, Mercedes, 2010. "Are small firms more sensitive to financial variables?," Working Papers 2072/151623, Universitat Rovira i Virgili, Department of Economics.
    9. Pedro J. García‐Teruel & Pedro Martínez‐Solano, 2008. "On the Determinants of SME Cash Holdings: Evidence from Spain," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 35(1‐2), pages 127-149, January.
    10. Miglo, Anton, 2007. "Debt-equity choice as a signal of earnings profile over time," The Quarterly Review of Economics and Finance, Elsevier, vol. 47(1), pages 69-93, March.
    11. Harvey, Campbell R. & Lins, Karl V. & Roper, Andrew H., 2004. "The effect of capital structure when expected agency costs are extreme," Journal of Financial Economics, Elsevier, vol. 74(1), pages 3-30, October.
    12. Yushu Zhu, 2017. "Call it good, bad or no news? The valuation effect of debt issues," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 57(4), pages 1203-1229, December.
    13. Erel, Isil & Julio, Brandon & Kim, Woojin & Weisbach, Michael S., 2009. "Market Conditions and the Structure of Securities," Working Paper Series 2009-6, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    14. Gao, Wenlian & Zhu, Feifei, 2015. "Information asymmetry and capital structure around the world," Pacific-Basin Finance Journal, Elsevier, vol. 32(C), pages 131-159.
    15. Choi, Dong Beom & Eisenbach, Thomas M. & Yorulmazer, Tanju, 2021. "Watering a lemon tree: Heterogeneous risk taking and monetary policy transmission," Journal of Financial Intermediation, Elsevier, vol. 47(C).
    16. Dong Chen & Yanmin Gao & Mayank Kaul & Charles Ka Yui Leung & Desmond Tsang, 2016. "The Role of Sponsors and External Management on the Capital Structure of Asian-Pacific REITs: The Case of Australia, Japan, and Singapore," International Real Estate Review, Global Social Science Institute, vol. 19(2), pages 197-221.
    17. Isil Erel & Brandon Julio & Woojin Kim & Michael S. Weisbach, 2012. "Macroeconomic Conditions and Capital Raising," The Review of Financial Studies, Society for Financial Studies, vol. 25(2), pages 341-376.
    18. Wycliffe Oluoch & Kalu Ojah, 2024. "Financial Market Development and the Microstructure of Corporate Bond Markets in Africa: A Survey," The African Finance Journal, Africagrowth Institute, vol. 26(1), pages 1-33.
    19. Uday Chandra & Nandkumar (Nandu) Nayar, 2008. "The Information Content of Private Debt Placements," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 35(9‐10), pages 1164-1195, November.
    20. Patrice Fontaine & Sujiao Zhao, 2021. "Suppliers as financial intermediaries: Trade credit for undervalued firms," Post-Print hal-03507994, HAL.

    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:spr:endesu:v:27:y:2025:i:1:d:10.1007_s10668-023-03922-6. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.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.