期刊
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
卷 175, 期 -, 页码 -出版社
ELSEVIER SCIENCE INC
DOI: 10.1016/j.techfore.2021.121337
关键词
Innovation; Sustainable growth; Panel; Cointegration; Family firms; Green growth
This study examines the role of innovation in sustainability through panel data analysis and finds that technological innovation is more important for green growth, while ownership of firms is also a critical driver of sustainability.
Innovation has become a critical factor in achieving sustainable growth through energy efficiency improvement and energy intensity efficacy at both the micro and macro levels. This study aims to explain the role of innovation in sustainability using panel data analysis at the micro (2009-2018) and macro levels (1990-2019). This study uses pooled OLS, fixed effect, common correlated effects pooled, first difference OLS, mean group, augmented mean group, random coefficient, common correlated effect estimator, and group-mean fully modified modeling. Technological progress at the micro and macro levels promotes sustainability. Innovation is only a necessary prerequisite for long-term sustainability but is not sufficient. The study shows how technology-related innovations at the micro (company) level are more important for green growth than non-technology innovations. A firm's ownership is also an essential driver of sustainability. The results should help owners and managers build sustainable business innovation models and policy-makers in designing sustainable growth models and policies.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据