Proceedings of the 2020 International Conference on Modern Education Management, Innovation and Entrepreneurship and Social Science (MEMIESS 2020)

The Green Technology Innovation Mechanism and Path Selection of Government Subsidy

Authors
Songqin Ye, Xin Guo
Corresponding Author
Xin Guo
Available Online 6 February 2021.
DOI
https://doi.org/10.2991/assehr.k.210206.023How to use a DOI?
Keywords
Government subsidy, green technology innovation, resource attribute, signal attribute, path selection
Abstract
Chinese economy is achieving the transition from rapid growth to high-quality growth, and green development occupies an important position in the process. Green technology innovation is a necessary condition for green development. Government subsidy, as one of the policy tools that carry the government’s will, can affect the green technology innovation behaviour of enterprises. In order to explore the mechanism of government subsidy affecting corporate green technological innovation, this article uses a literature research method to find that the resource attribute and signal attribute of government subsidy jointly promote independent green technological innovation of enterprises, but imperfect government subsidy policies and corporate opportunistic behaviour will weaken the effect of subsidies. Therefore, to improve the efficiency of government subsidy to promote green technological innovation of enterprise, this article recommends that the government optimize the subsidy policy and enterprises make rational use of subsidies to break the “economy-environment” vicious circle and achieve high-quality economic development.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Songqin Ye
AU  - Xin Guo
PY  - 2021
DA  - 2021/02/06
TI  - The Green Technology Innovation Mechanism and Path Selection of Government Subsidy
BT  - Proceedings of the 2020 International Conference on Modern Education Management, Innovation and Entrepreneurship and Social Science (MEMIESS 2020)
PB  - Atlantis Press
SP  - 109
EP  - 113
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210206.023
DO  - https://doi.org/10.2991/assehr.k.210206.023
ID  - Ye2021
ER  -