Research on the Development Method of Firms'Green Innovation Based on the Perspective of R&D Alliance Portfolio
Based on the perspective of alliance portfolio and the patent application data of Chinese high-tech manufacturing firms from 2000 to 2019,this research uses a panel two-way fixed effect model to analyze how the average degree and dispersion degree of R&D partners'green innovation affect firms'green innovation output.The empirical study indicates that:the average green innovation degree of R&D partners has a positive effect on firms'green innovation output,and the dispersion green innovation degree of R&D partners has a negative effect on firms'green innovation output;the breadth of the R&D alliance technological resources reduces the negative effect of the dispersion green innovation degree of R&D partners on firms'green innovation output;the depth of the R&D alliance technological resources enhances the positive effect of the average green innovation degree of R&D partners on firms'green innovation output,and en-hances the negative effect of the dispersion green innovation degree of R&D partners on firms'green innovation output.This research aims to provide theoretical guidance and decision-making reference for firms to develop green innovation activities from the perspective of alliance portfolio.
R&D alliance portfoliothe average green innovation degree of R&D partnersthe dispersion green innovation degree of R&D partnersfirms'green innovation output