The Impact of Social Funds on Technological Innovation of Forestry Enterprises Under the'Carbon Peaking and Carbon Neutrality'Goals
Based on the goal of'carbon peaking and carbon neutrality',the panel data of 23 forestry A-share enterprises in China from 2017 to 2021 are used to test the influence of social funds on technological innovation of forestry enterprises through random effects model and mechanism analysis.The results show that credit funds can significantly promote the technological innovation of forestry enterprises,R&D investment has a moderating effect,social donations inhibit the technological innovation of forestry through the interaction term with R&D investment,and credit funds and social donations has a heterogeneous impact depending on the landscape of forestry enterprises.Combined with the results of the study,it is pointed out that credit fund support should be improved,financial invest-ment in science and technology should be increased,and the importance of the production factors of R&D inputs should be deepened and targeted'dual-path'financial planning for forest enterprises in hilly and non-hilly areas.
credit fundsocial donationforestry enterprisetechnology innovationcarbon peaking and car-bon neutralityVOSviewer