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Innovation, the knowledge economy, and green growth: Is knowledge-intensive growth really environmentally friendly?
Energy Economics ( IF 12.8 ) Pub Date : 2022-09-30 , DOI: 10.1016/j.eneco.2022.106331
Xinxin Wang , Zeshui Xu , Yong Qin , Marinko Skare

Green growth plays a vital role in achieving ecological sustainability in the presence of eco-innovation. This study explores the relationship between technological innovation, the knowledge economy, and sustainability using panel 1996–2017 data from 30 Organization for Economic Cooperation and Development countries. The knowledge economy variables are presented as intangible assets from the EU KLEMS Release 2019 database, and panel vector autoregression estimation, the Granger causality tests impulse response functions, and the forecast-error variance decomposition technique are used to test the link. The findings demonstrate that the knowledge economy is good for sustainability and that technological innovation results in green growth. Intangible asset is positively associated with green growth. Green growth has a positive effect on purchased organizational capital, vocational training, and own-account organizational capital. Granger causality test results indicate a causal relationship between intangible asset and green growth. This work contributes to the current literature on sustainable development and highlights five aspects that affect performance. Our study provides a novel insight on knowledge intensive growth impact on environment and economy. Policymakers and practitioners can use this study quantitative knowledge to design efficient policy and management guidelines for promoting green growth.



中文翻译:

创新、知识经济和绿色增长:知识密集型增长真的对环境友好吗?

在生态创新的存在下,绿色增长在实现生态可持续性方面发挥着至关重要的作用。本研究使用来自 30 个经济合作与发展组织国家的 1996-2017 年面板数据探讨技术创新、知识经济和可持续性之间的关系。知识经济变量以欧盟 KLEMS Release 2019 数据库中的无形资产呈现,面板向量自回归估计、Granger 因果检验脉冲响应函数和预测误差方差分解技术用于检验链接。研究结果表明,知识经济有利于可持续发展,技术创新带来绿色增长。无形资产与绿色增长正相关。绿色增长对购买的组织资本、职业培训和自营组织资本具有正向影响。格兰杰因果检验结果表明无形资产与绿色增长之间存在因果关系。这项工作为当前有关可持续发展的文献做出了贡献,并强调了影响绩效的五个方面。我们的研究为知识密集型增长对环境和经济的影响提供了新的见解。政策制定者和从业者可以利用这项研究的定量知识来设计有效的政策和管理指南,以促进绿色增长。这项工作为当前有关可持续发展的文献做出了贡献,并强调了影响绩效的五个方面。我们的研究为知识密集型增长对环境和经济的影响提供了新的见解。政策制定者和从业者可以利用这项研究的定量知识来设计有效的政策和管理指南,以促进绿色增长。这项工作为当前有关可持续发展的文献做出了贡献,并强调了影响绩效的五个方面。我们的研究为知识密集型增长对环境和经济的影响提供了新的见解。政策制定者和从业者可以利用这项研究的定量知识来设计有效的政策和管理指南,以促进绿色增长。

更新日期:2022-09-30
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