Management Review ›› 2024, Vol. 36 ›› Issue (11): 70-83.

• Innovation and Entrepreneurship Management • Previous Articles    

Research on the Development Method of Firms' Green Innovation Based on the Perspective of R&D Alliance Portfolio

Bi Jingyu1, Xie En2, Cheng Lulu3   

  1. 1. School of Public Policy and Administration, Xi'an Jiaotong University, Xi'an 710049;
    2. School of Economics & Management, Tongji University, Shanghai 200092;
    3. School of Economics & Management, Chang'an University, Xi'an 710064
  • Received:2022-04-21 Published:2024-12-09

Abstract: Based on the perspective of alliance portfolio and the patent application data of Chinese high-tech manufacturing firms from 2000 to 2019, this research uses a panel two-way fixed effect model to analyze how the average degree and dispersion degree of R&D partners’ green innovation affect firms’ green innovation output. The empirical study indicates that: the average green innovation degree of R&D partners has a positive effect on firms’ green innovation output, and the dispersion green innovation degree of R&D partners has a negative effect on firms’ green innovation output; the breadth of the R&D alliance technological resources reduces the negative effect of the dispersion green innovation degree of R&D partners on firms’ green innovation output; the depth of the R&D alliance technological resources enhances the positive effect of the average green innovation degree of R&D partners on firms’ green innovation output, and enhances the negative effect of the dispersion green innovation degree of R&D partners on firms’ green innovation output. This research aims to provide theoretical guidance and decision-making reference for firms to develop green innovation activities from the perspective of alliance portfolio.

Key words: R&D alliance portfolio, the average green innovation degree of R&D partners, the dispersion green innovation degree of R&D partners, firms' green innovation output