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Erscheinungsjahr: 
2024
Quellenangabe: 
[Journal:] Journal of Business Economics and Management (JBEM) [ISSN:] 2029-4433 [Volume:] 25 [Issue:] 2 [Year:] 2024 [Pages:] 337-355
Verlag: 
Vilnius Gediminas Technical University, Vilnius
Zusammenfassung: 
The increasing intensity and frequency of extreme climate events have made improving the adaptability to extreme climate events a strategic imperative for manufacturing companies. This paper investigates whether manufacturing enterprises increase green technology innovation affected by different extreme climate events. Based on panel data of Chinese listed manufacturing enterprises, we show that extreme precipitation events can positively promote green technology innovation, yet extreme temperature events do not. Heterogeneity analyses suggest that the effect of extreme precipitation events on green technology innovation is more significant for non-state-owned enterprises, poor performance enterprises, and high R&D intensity enterprises than other enterprises. Furthermore, the facilitating effect of extreme precipitation events on green technology innovation is merely temporary.
Schlagwörter: 
climate change
extreme climate events
extreme precipitation events
extreme temperature events
green technology innovation
manufacturing enterprises
JEL: 
O32
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