How does Economic Policy Uncertainty affect Green Innovation?

This study aims to examine the impact of economic policy uncertainty (EPU) on green innovation in Chinese context. When policies are changed often, Economic Policy Uncertainty index rises. There is a dearth studies examining how EPU affects corporate innovation. research shows that between 2007 and 2021, would have negative inside corporations. Budgetary restraints cushion from effects (EPU). Subsidies for environment provided by government may help reduce EPU. Eco-friendly negatively connected with EPU, especially privately owned businesses, those less competitive sectors, locations weak intellectual property protections. suggests order encourage environmentally responsible business innovation, authorities should increase proportion public monies spent environmental protection IP rights protection. Green more prevalent times high uncertainty. Different provinces, varying degrees marketization FDI, display The findings show Environmental has greater higher trade openness compared regions lower levels openness. current be used investigation methods fostering friendly face ambiguity.