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Treffer: Environmental risk management and innovation: The impact of patent insurance pilots on clean technology development.

Title:
Environmental risk management and innovation: The impact of patent insurance pilots on clean technology development.
Authors:
Tang S; Business and Management School, Queen Mary University of London, London, E1 4NS, UK. Electronic address: bsw733@qmul.ac.uk., Yang Y; School of Public Administration, Jiangxi University of Finance and Economics, Nanchang 330013, China. Electronic address: feielder@foxmail.com., Guan W; Idrac Business School, Lyon, 69009, France. Electronic address: wei.guan@idrac-bs.fr., Zhang Y; School of Marxism, Central University of Finance and Economics, Beijing, 100081, China. Electronic address: jennifery2824@outlook.com.
Source:
Journal of environmental management [J Environ Manage] 2025 Sep; Vol. 391, pp. 126535. Date of Electronic Publication: 2025 Jul 19.
Publication Type:
Journal Article
Language:
English
Journal Info:
Publisher: Academic Press Country of Publication: England NLM ID: 0401664 Publication Model: Print-Electronic Cited Medium: Internet ISSN: 1095-8630 (Electronic) Linking ISSN: 03014797 NLM ISO Abbreviation: J Environ Manage Subsets: MEDLINE
Imprint Name(s):
Original Publication: London ; New York, Academic Press.
MeSH Terms:
Risk Management* , Inventions* , Environmental Pollution*, Technology ; Patents as Topic ; Sustainable Development
Contributed Indexing:
Keywords: Green technology innovation; Mechanism test; Patent insurance pilot; R&D uncertainty
Entry Date(s):
Date Created: 20250720 Date Completed: 20250808 Latest Revision: 20250808
Update Code:
20250808
DOI:
10.1016/j.jenvman.2025.126535
PMID:
40684598
Database:
MEDLINE

Weitere Informationen

Green transformation has become a global consensus, promoting green technology innovation of heavy polluting enterprises has become a key issue to promote sustainable development. We take implementation of patent insurance pilot policy as an exogenous shock, and constructs a multi-period double difference model based on the data of A-share listed companies in the heavy pollution industry from 2008 to 2023 to empirically test impact of patent insurance pilot on enterprises' green technology innovation. The findings show that the patent insurance pilot significantly enhance green technology innovation level of heavy pollution enterprises. Mechanism test shows that patent insurance can effectively drive growth of green technology innovation by alleviating R&D uncertainty, stimulating R&D activity and deepening industry-university-research cooperation. Further heterogeneity analysis reveals that promotion effect of patent insurance on green technology innovation is more significant in enterprises with lower financing constraints, weaker competition in the industry, and located in non-resource-oriented cities. We expand research perspectives on application of intellectual property protection tools in the field of green technology innovation, and deepens theoretical and practical understanding of policy intervention mechanisms in the context of green transformation.
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Declaration of competing interest This is a conflict of interest statement from the authors. All authors declare no conflict of interest.