TY - JOUR
T1 - Academic workstations and corporate green innovation
AU - Yin, Hongying
AU - Zhang, Jinkang
AU - Zhong, Rui
AU - Ji, Qiong
N1 - Funding Information:
We thank workshop participants at Soochow University for helpful comments. Hongying Yin acknowledges the financial support from the Research Funds of Major Project of National Social Science Foundation of China (No. 17ZDA087 ).
Funding Information:
An academician's primary responsibility is to provide consultation for national decision-making and solve major scientific and technological problems at the national and regional levels, with an emphasis on economic and social needs. The work scope of academicians is strictly limited. Although collaborations between CAE and local governments date back to 1994, when the academy was established, the first official AW was established in September 2003 with local government approval. This AW was established by Shenyang Liming Aeroengine Group Co. Ltd. with the support of numerous academicians who gathered at a China Association for Science and Technology (CAST) conference. In 2006, to emphasize the academicians' role in China's economic development, CAST organized a series of academician visits to enterprises. Although such trips foster positive relationships between academicians and enterprises, they have been criticized as being “form over substance” due to the brief durations of academicians' stays at local firms and their lack of in-depth knowledge of the firms. The rapid growth of AWs began in 2008, when the State Council issued Opinions on Effectuating Scientific and Technological Support to Promote Stable and Rapid Economic Development and the Seven Central Ministries and Commissions issued Opinions on Mobilizing Science and Technology Practitioners to Serve Enterprises. To implement these policies, CAST held the Forum Enterprise Innovation Service Activity in 2008 in Nanjing. This forum discussed and summarized the progress of AWs in Shenyang and other locations. Additionally, they proposed the launch of a pilot program in Jiangsu province to develop AWs. Local governments and science and technology associations then issued relevant policies to hasten the development of AWs. CAST issued the AW Certification Construction Management Measures (Trial) in June 2017 to standardize the construction and quality of AWs and enable certification reviews of AWs; any enterprise that fails to meet the certification standards for two consecutive years will be disqualified. In June 2019, the General Office of the Communist Party of China Central Committee and the General Office of the State Council issued Opinions on Further Advancing the Spirit of Scientists and Strengthening the Work and Study Style Construction, which requires academicians to participate in the construction of AWs and lays out guidelines for the same. For example, academicians shall work for no more than one AW; retired academicians shall work for no more than two AWs; and the duration of employment in an AW shall not be less than 3 months. Provincial and municipal science and technology associations carry out comprehensive reviews of the AWs and cancel those that do not meet the requirements. There are currently 3,4372 Data source: AW service platform, available at http://gzz.scei.org.cn/index.php?a=index&m=rz, accessed on 22 July 2022. certified AWs in China. By the end of 2018, 600 Chinese A-share listed companies had established AWs.We thank workshop participants at Soochow University for helpful comments. Hongying Yin acknowledges the financial support from the Research Funds of Major Project of National Social Science Foundation of China (No.17ZDA087).
Publisher Copyright:
© 2022 Elsevier Inc.
PY - 2022/10/2
Y1 - 2022/10/2
N2 - The academic workstation is a government-led industry–university–research collaborative platform that integrates intelligence and financial capital from academicians, firms, and local governments to facilitate innovation. We find a significant increase in the number of green patents and inventions following the establishment of academic workstations in China. In addition, we find that this positive relationship is strengthened by less financial constraints, stricter environmental regulations, and a better business environments. Further analyses identify environmental awareness and resource integration as channels through which academic workstations affect corporate green innovation. Our findings extend our understanding of the determinants of corporate green innovation and the real effects of academic workstations on corporate sustainable growth.
AB - The academic workstation is a government-led industry–university–research collaborative platform that integrates intelligence and financial capital from academicians, firms, and local governments to facilitate innovation. We find a significant increase in the number of green patents and inventions following the establishment of academic workstations in China. In addition, we find that this positive relationship is strengthened by less financial constraints, stricter environmental regulations, and a better business environments. Further analyses identify environmental awareness and resource integration as channels through which academic workstations affect corporate green innovation. Our findings extend our understanding of the determinants of corporate green innovation and the real effects of academic workstations on corporate sustainable growth.
KW - Academic workstation
KW - Corporate sustainable growth
KW - Green innovation
UR - http://www.scopus.com/inward/record.url?scp=85139859174&partnerID=8YFLogxK
U2 - 10.1016/j.iref.2022.10.001
DO - 10.1016/j.iref.2022.10.001
M3 - Article
AN - SCOPUS:85139859174
SN - 1059-0560
VL - 83
SP - 571
EP - 590
JO - International Review of Economics and Finance
JF - International Review of Economics and Finance
ER -
