Work

Dynamic simulation of policy-driven green technology innovation networks: Digital empowerment and collaborative efficiency

Year: 2024

Type: article

Abstract: To delve into the intricate dynamics of green innovation, it is imperative to establish a policy-driven green innovation network and optimize its multi-entity collaborative mechanism. Given the dynamic complexity of a technological innovation network composed of multiple entities, this paper examines the interactions among four subsystems based on system dynamics (SD) simulation: resource input, innovation performance, policy-driven, and digital empowerment subsystem. Furthermore, we analyze the combined effects of policy-driven initiatives and the role of digital platforms in facilitating innovation efficiency based on empirical evidence. The results indicate that: (1) Government can effectively promote green development by enforcing stronger environmental regulations, such as increasing carbon trading price, while enhancing the emission reduction efficiency of innovative products. (2) Increased per capita R&D investment, along with financial, tax, fiscal incentives for innovation investment, will increase the rate of innovation achievements. (3) Government should strengthen talent policy during anticipated increases in talent numbers and reduce the intensity of introductions during expected declines. (4) By implementing incentive policies to develop S&T platforms, government can broaden innovation network cooperation, promotes resource aggregation, and leverages multi-entity cohort effects.

Source: Heliyon

DOI: 10.1016/j.heliyon.2024.e36622

Authors: Jing Li, Guilong Li, Jiaping Xie, Guangsi Zhang

Institutions: Shanghai University of Political Science and Law, Fudan University, Central University of Finance and Economics, Xinjiang University of Finance and Economics, Shanghai University of Finance and Economics

Language: English

Topic: Sustainability and Innovation in Business

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Climate action

Open Access status: gold

Estimated APC paid: $2,100