技术与创新管理2026，Vol.47Issue(1)：105-116,12.DOI:10.14090/j.cnki.jscx.2026.0111
经济不确定性与企业绿色创新
Economic Uncertainty and Corporate Green Innovation
摘要
Abstract
Economic uncertainty is an important factor for enterprises to make green innovation deci-sions,and examining the relationship between the two helps to clarify the realistic path of economic un-certainty affecting enterprises'green innovation.This paper empirically examines the impact of China's economic uncertainty on firms'green innovation by using a two-way fixed-effects model with a sample of listed firms in China's A-share heavy-pollution industry from 2007 to 2022.The mechanism test in-dicates that the reduction of corporate green innovation by uncertainty economic stems from the weake-ning of corporate risk-taking ability,and the heterogeneity test finds that the reducing effect of econom-ic uncertainty on firms'green innovation is more effective among SOEs and firms with a weak financial resource base,and this reducing effect is more pronounced in regions with low financial pressure.The study expands the factors influencing firms'green innovation from the perspective of economic uncer-tainty,which not only provides micro evidence based on Chinese firms to study the impact of macroeco-nomic uncertainty on green innovation,but also provides insights into how governments can develop policy regimes that reconcile"steady growth"with long-term environmental responsibilities.关键词
经济不确定性/绿色创新/风险承担/财务资源基础/财政压力/重污染行业Key words
economic uncertainty/green innovation/risk-taking/financial resource base/fiscal pres-sure/heavily polluting industries分类
管理科学引用本文复制引用
曾天,段康..经济不确定性与企业绿色创新[J].技术与创新管理,2026,47(1):105-116,12.基金项目
国家自然科学基金(72462033) （72462033）
云南省自然科学基金(202401AU070118) （202401AU070118）
衡阳师范学院科研启动资助项目(2023QD18) （2023QD18）
