Abstract
Based on the data of listed construction companies in the jewelry manufacturing industry in 1994 from 2014 to 2017, this article uses the generalized least squares method to analyze the relationship between green energy technology innovation, construction enterprises’ growth performance and R&D investment intensity, and explores the impact of green energy technology innovation on construction enterprises’ growth performance and analyzes the moderating effect of R&D investment intensity. The empirical results show that green energy technological innovation has a significant positive impact on construction enterprises’ growth performance. The intensity of R&D investment has a significant negative regulatory effect on the relationship between green energy technological innovation and construction enterprises’ growth performance.
Highlights
Since the 18th National Congress of the Communist Party of China, the concept of "green mountains and green mountains are golden mountains and silver mountains" has promoted the development of China's economy in a green and sustainable direction
This paper studies the relationship between green technology innovation and enterprise growth performance, and discusses the moderating effect of R&D investment intensity on the relationship between them
This paper argues that green technology innovation has a positive impact on the growth performance of enterprises
Summary
Since the 18th National Congress of the Communist Party of China, the concept of "green mountains and green mountains are golden mountains and silver mountains" has promoted the development of China's economy in a green and sustainable direction. More and more enterprises rely on technological progress and innovation to improve their performance, the research on the relationship between green technological innovation and enterprise performance has not reached a consistent conclusion. According to the existing research[1], R&D investment, as an important means of technological innovation, will affect the growth performance of enterprises. It is necessary to analyze the relationship among R&D investment, green technology innovation and enterprise growth performance. This paper studies the relationship between green technology innovation and enterprise growth performance, and discusses the moderating effect of R&D investment intensity on the relationship between them
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