气候变化领域集成服务门户(CCPortal): Innovation strategies of Chinese new energy vehicle enterprises under the influence of non-financial policies: Effects, mechanisms and implications

CCPortal

DOI	10.1016/j.enpol.2022.112946
	Innovation strategies of Chinese new energy vehicle enterprises under the influence of non-financial policies: Effects, mechanisms and implications
	Qin S.; Xiong Y.
发表日期	2022
ISSN	0301-4215
卷号	164
英文摘要	With the gradual withdrawal of subsidized policies for new energy vehicles (NEVs) in China, it is important to effectively leverage non-financial policies to provide incentives for high-quality innovation. We selected data from 2012 to 2019 to examine the impact of different types of non-financial policies (direct intervention and indirect guidance) on substantive or strategic innovation by NEV enterprises, as well as the existing policy mechanisms. We found that direct interventions represented by the market access policy have the greatest overall promotion effect, with a significant signaling mechanism, and are more able to stimulate substantive innovation. Among the indirect guidance measures, the dual-credit policy has a significant market competition mechanism, but is more likely to favor strategic innovation; although the government procurement policy has an obvious signaling mechanism, its overall effect is relatively small. We further found that the market access policy and the dual-credit policy are more effective among the low political connected NEV enterprises, while the government procurement policy performs better among the high political connected enterprises. Therefore, it is very necessary to vigorously develop the non-financial policies for NEVs while noting the characteristics and emphasis of different types of policies at the same time. © 2022 Elsevier Ltd
英文关键词	Innovation strategy; New energy vehicle; Non-financial policy; Policy mechanisms; Substantive innovation
语种	英语
scopus关键词	Competition; Power markets; Public policy; Access policies; Credit policy; Innovation strategy; Market access; New energy vehicles; Non-financial policy; Policy mechanisms; Signalling mechanisms; Strategic innovations; Substantive innovation; Electric vehicles; energy management; energy market; energy policy; financial policy; innovation; strategic approach; China
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/256244
作者单位	School of Business, Central South University, Changsha, China
推荐引用方式 GB/T 7714	Qin S.,Xiong Y.. Innovation strategies of Chinese new energy vehicle enterprises under the influence of non-financial policies: Effects, mechanisms and implications[J],2022,164.
APA	Qin S.,&Xiong Y..(2022).Innovation strategies of Chinese new energy vehicle enterprises under the influence of non-financial policies: Effects, mechanisms and implications.Energy Policy,164.
MLA	Qin S.,et al."Innovation strategies of Chinese new energy vehicle enterprises under the influence of non-financial policies: Effects, mechanisms and implications".Energy Policy 164(2022).