Green Finance, International Technology Spillover and Green Technology Innovation: A New Perspective of Regional Innovation Capability

Regional green technological progress is an important driver of regional technology innovations. To explore in depth the impact finance and international spillover on innovation, this study incorporates finance, spillover, innovation into same analytical framework. In addition, based a new perspective capabilities, analyzes spillovers innovation. The data were collected 30 Chinese provinces from 2003 to 2019 analyzed by panel fixed-effects model. interaction between capability was investigated understand each Second, used as intermediary variable identify its underlying mechanism. Finally, spatial effect using Durbin We found that: (1) import trade, outward foreign direct investment (OFDI), can promote while inward (IFDI) has inhibitory innovation; (2) spillovers, capacity positively impacts (3) promoting capabilities; (4) innovations have effects, one region growth technologies adjacent regions. This provides reference not only for China but also other developing countries advancement achieve sustainable development goals.