id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fbem-24750	Huang, Shenglong; Hu, Lingyun	Research on Green Innovation Capacity Based on Carbon Emission Trading System	2024	8	.pdf	application/pdf	5723	266	43	Conclusion and Implications This paper adopts the data of non-financial A-share listed enterprises in Shanghai and Shenzhen from 2007 to 2021, and empirically analyses the impact of carbon emissions trading policy on corporate green innovation by using the DID model, and finds that: (1) the implementation of the carbon emissions trading policy can effectively promote the green innovation behaviours of enterprises; (2) from the point of view of heterogeneity, the carbon emissions trading policy has a more significant impact on the enterprises of the eastern region, state-owned enterprises, high-tech industry enterprises' green innovation is more significant; (3) from the perspective of regulating role, in the process of carbon emissions pilot enterprise R&D investment on enterprise green innovation shows the policy substitution role, and the degree of public environmental concern has a positive regulating role on enterprise green innovation. This indicates that there is a significant substitution relationship between R&D investment and the impact of carbon emissions trading policy on the innovation activities of enterprises, i.e., carbon emissions trading policy 234 and R&D investment each has a positive role in promoting green innovation, but the R&D investment of enterprises cuts down the promotion effect of carbon emissions trading policy on green innovation to a certain extent, which verifies Hypothesis 2. 5.2.2.	cache/fbem-24750.pdf	txt/fbem-24750.txt