State-owned enterprises are prohibited from acquiring photovoltaic panel companies

Achieving a green, low-carbon economy necessitates clarifying the impacts of government photovoltaic (PV) subsidies on enterprise independent innovation in China. This study constructs a tripartite evolutionary game model among government, enterprises, and energy regulatory service centers (ERSC). It analyzes equilibriums' asymptotic stability .
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(PDF) Government Subsidies and Enterprise Innovation:

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About State-owned enterprises are prohibited from acquiring photovoltaic panel companies

About State-owned enterprises are prohibited from acquiring photovoltaic panel companies

Achieving a green, low-carbon economy necessitates clarifying the impacts of government photovoltaic (PV) subsidies on enterprise independent innovation in China. This study constructs a tripartite evolutionary game model among government, enterprises, and energy regulatory service centers (ERSC). It analyzes equilibriums' asymptotic stability .

Achieving a green, low-carbon economy necessitates clarifying the impacts of government photovoltaic (PV) subsidies on enterprise independent innovation in China. This study constructs a tripartite evolutionary game model among government, enterprises, and energy regulatory service centers (ERSC). It analyzes equilibriums' asymptotic stability .

In China, since state-owned PV enterprises have a greater need to serve government objectives to secure legitimacy, PV enterprises with a higher proportion of state-owned shares are usually less likely to conduct risky innovation activities than private ones.

This research investigates the impacts of R&D subsidies and non-R&D subsidies on the innovation in PV enterprises. With samples of Chinese listed PV enterprises from 2010 to 2019, this.

In non-state-owned, high-tech, and non-heavy pollution enterprises, the enhancing effect of government subsidies on green innovation performance is more pronounced. Mechanism tests show that government subsidies improve corporate innovation performance by enhancing technological integration capability, easing financing constraints, and .

The two new in-depth investigations on foreign subsidies in the solar panel sector aim to preserve Europe’s economic security and competitiveness by ensuring that companies in our Single Market are truly competitive and play fair.”

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6 FAQs about [State-owned enterprises are prohibited from acquiring photovoltaic panel companies]

Do government photovoltaic subsidies affect enterprise independent innovation in China?

Achieving a green, low-carbon economy necessitates clarifying the impacts of government photovoltaic (PV) subsidies on enterprise independent innovation in China. This study constructs a tripartite evolutionary game model among government, enterprises, and energy regulatory service centers (ERSC).

Are state-owned PV Enterprises more risky?

In China, since state-owned PV enterprises have a greater need to serve government objectives to secure legitimacy, PV enterprises with a higher proportion of state-owned shares are usually less likely to conduct risky innovation activities than private ones.

Why should PV enterprises invest in non-operating GS?

GSs, as nonoperating income of PV enterprises, can effectively share the cost of enterprise R&D investment, reduce the negative impact of external spillover effects of innovation achievements, and strengthen the driving force for PV enterprise innovation .

Can GSS stimulate enterprise innovation in PV Enterprises without state-owned shares?

GSs can fill the gap of enterprise innovation funds and disperse the risk of enterprise innovation activities and thereby may stimulate the innovation in the PV enterprises without state-owned shares.

How do subsidies affect PV Enterprises' Innovation?

However, excessive subsidies may cause lock-ins in existing mature technologies and hinder the diffusion of more advanced technologies. Finally, the influence of GSs on PV enterprises’ innovation is likely to be affected by the ownership, enterprise size, and the policy orientations.

Why do PV Enterprises have a higher proportion of state-owned shares?

As for PV enterprises with a higher proportion of state-owned shares, they have an advantage of acquiring financial support by political background and network under the massive GSs . However, this advantage may also encourage rent-seeking and reduce innovation efforts in these enterprises.

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