The market value of green innovation: A comparative analysis of global renewable energy firms

Xin Lv; Tianyu Liu; Weijia Dong; Wenjun Su

doi:10.1016/j.frl.2022.103490

The market value of green innovation: A comparative analysis of global renewable energy firms

Xin Lv, Tianyu Liu, Weijia Dong^*, Wenjun Su

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12 引用（Scopus）

摘要

This paper conducts an overall, cross-country comparative study on the issue of market value of green innovations. First, we find that green patents and their citations have smaller or insignificant impacts on the market value of renewable energy firms. Second, the positive impacts of R&D investment and patent count on the market value in Europe and China are higher than those in the United States.

源语言	英语
文章编号	103490
期刊	Finance Research Letters
卷	51
DOI	https://doi.org/10.1016/j.frl.2022.103490
出版状态	已出版 - 1月 2023

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10.1016/j.frl.2022.103490

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abstract = "This paper conducts an overall, cross-country comparative study on the issue of market value of green innovations. First, we find that green patents and their citations have smaller or insignificant impacts on the market value of renewable energy firms. Second, the positive impacts of R&D investment and patent count on the market value in Europe and China are higher than those in the United States.",

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doi = "10.1016/j.frl.2022.103490",

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AB - This paper conducts an overall, cross-country comparative study on the issue of market value of green innovations. First, we find that green patents and their citations have smaller or insignificant impacts on the market value of renewable energy firms. Second, the positive impacts of R&D investment and patent count on the market value in Europe and China are higher than those in the United States.

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KW - Market value

KW - Renewable energy firms

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DO - 10.1016/j.frl.2022.103490

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JO - Finance Research Letters

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The market value of green innovation: A comparative analysis of global renewable energy firms

摘要

联合国可持续发展目标

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