The Difference Effect of Environmental Regulation on Two Stages of Technology Innovation in China’s Manufacturing Industry

doi:10.15302/J-FEM-2016007

Front. Eng

2016, Vol. 3

Issue (1) : 24-29 https://doi.org/10.15302/J-FEM-2016007

ENGINEERING MANAGEMENT TREATISES

The Difference Effect of Environmental Regulation on Two Stages of Technology Innovation in China’s Manufacturing Industry

Bao-long Yuan(

),Sheng-gang Ren,Xing Hu,Xuan-yu Yang

Business School of Central South University, Collaborative Innovation Center of Resource-conserving & Environment-friendly Society and Ecological Civilization, Changsha 410083, China

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Abstract

This paper divides technological innovation into two stages: technology development and technology transfer. Then the authors use the panel data of 28 manufacturing industries during 2003–2012 to test the econometric regression model for the industry of the sub stages, which is a regulation on technological innovation in the environment. The results show that: (1) environmental regulation has a significant role in promoting China’s manufacturing technology research patent achievements, and technology into new products, and this indicated that “Porter hypothesis” in the manufacturing sector has been verified; (2) R&D and transfer expenditure have a positive impact on technological innovation. Finally, the authors put forward the corresponding policy recommendations for industry of the environmental regulation on the impact of technological innovation in phases.

Keywords environmental regulation technology innovation stage difference manufacturing

Corresponding Author(s): Bao-long Yuan

Online First Date: 16 March 2016 Issue Date: 26 May 2016

Cite this article:

Bao-long Yuan,Sheng-gang Ren,Xing Hu, et al. The Difference Effect of Environmental Regulation on Two Stages of Technology Innovation in China’s Manufacturing Industry[J]. Front. Eng, 2016, 3(1): 24-29.

URL:

https://academic.hep.com.cn/fem/EN/10.15302/J-FEM-2016007
https://academic.hep.com.cn/fem/EN/Y2016/V3/I1/24

Tab.1 The Definition of Variables in Eqs. (2) and (4)

Tab.2 The Descriptive Statistics of Variables in Eqs. (2) and (4)

Tab.3 Stability Test

Tab.4 Co-integration Test in Technology R&D Stage

Tab.5 Cointegration Test in Technology Transfer Stage

Tab.6 The Estimation Results of ER on Technological Innovation in the Technology R&D and Transfer Stage

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