Research on the Relationship between Equipment Manufacturers' Low Carbon Technology Innovation and Their Performance

Abstract

Abstract:

To achieve the goal of harmonious coexistence between economic development and nature, equipment manufacturers must change their original product, process and energy consumption structure by low-carbon technology innovation to cater for the requirements of low-carbon economy and market development and realize sustainable development. Based on a theoretic research, both qualitative and quantitative, into equipment manufacturers, this paper builds a model that demonstrates the relationship between manufacturers' low carbon technology innovation and their performance, with energy consumption structure as the intermediary variable and government policy support as the moderating variable, and then empirically analyzes the relationship path. Results show that low carbon technology innovation has a significant positive effect on their performance and energy consumption structure partially mediates the relationships between low carbon technology innovation and their performance. In addition, government policy support moderates the relationship between low carbon technology innovation and their performance, namely the stronger policy support the government provides to manufacturers' low-carbon technology innovation, the more willing they are to seek low carbon technology innovation and the better they perform.

Key words: equipment manufacturers, low-carbon technology innovation, manufacturers' performance, structural equation model

Xu Jianzhong, Jia Dafeng, Li Fengshu, Wang Yue. Research on the Relationship between Equipment Manufacturers' Low Carbon Technology Innovation and Their Performance[J]. , 2018, 30(3): 82-94.

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