Political Connection Heterogeneity and Green Technological Innovation: Evidence from Chinese Listed Companies

With the continuous development of today’s economy and the growing interest in green technological innovation, this study investigates the impact of executive political connection heterogeneity (EPCH) on corporate green technological innovation (CGTI) in Chinese listed companies. Specifically, it di...

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Main Authors: Siqi Meng, Xiaoyu Wu, Shuyang Wang
Format: Article
Language:English
Published: MDPI AG 2025-06-01
Series:Systems
Subjects:
Online Access:https://www.mdpi.com/2079-8954/13/6/443
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author Siqi Meng
Xiaoyu Wu
Shuyang Wang
author_facet Siqi Meng
Xiaoyu Wu
Shuyang Wang
author_sort Siqi Meng
collection DOAJ
description With the continuous development of today’s economy and the growing interest in green technological innovation, this study investigates the impact of executive political connection heterogeneity (EPCH) on corporate green technological innovation (CGTI) in Chinese listed companies. Specifically, it distinguishes between ascribed and achieved political connections, examining their influence on incremental and radical CGTI. This study employs a quantitative research design, utilizing a sample of Chinese A-share listed companies from 2007 to 2022. Data are sourced from the China Securities Market & Accounting Research (CSMAR) database and the China National Research Data Service (CNRDS) database. The study analysis applies fixed-effect regression models to test the relationships between political connection heterogeneity and innovation outcomes. The findings reveal that ascribed political connections promote incremental innovation, while achieved political connections drive radical innovation. Moreover, strong GEO weakens the effect of ascribed political ties on incremental CGTI while enhancing the effect of achieved political ties on radical CGTI. These results contribute to the understanding of how political ties influence corporate innovation strategies and provide insights into the role of dynamic capabilities in green technological advancements.
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spelling doaj-art-9d6be68c7d4d41b98d0725f3c53486c62025-06-25T14:27:49ZengMDPI AGSystems2079-89542025-06-0113644310.3390/systems13060443Political Connection Heterogeneity and Green Technological Innovation: Evidence from Chinese Listed CompaniesSiqi Meng0Xiaoyu Wu1Shuyang Wang2School of Business, Macau University of Science and Technology, Macau 999078, ChinaSchool of Business, Macau University of Science and Technology, Macau 999078, ChinaSchool of Business, Macau University of Science and Technology, Macau 999078, ChinaWith the continuous development of today’s economy and the growing interest in green technological innovation, this study investigates the impact of executive political connection heterogeneity (EPCH) on corporate green technological innovation (CGTI) in Chinese listed companies. Specifically, it distinguishes between ascribed and achieved political connections, examining their influence on incremental and radical CGTI. This study employs a quantitative research design, utilizing a sample of Chinese A-share listed companies from 2007 to 2022. Data are sourced from the China Securities Market & Accounting Research (CSMAR) database and the China National Research Data Service (CNRDS) database. The study analysis applies fixed-effect regression models to test the relationships between political connection heterogeneity and innovation outcomes. The findings reveal that ascribed political connections promote incremental innovation, while achieved political connections drive radical innovation. Moreover, strong GEO weakens the effect of ascribed political ties on incremental CGTI while enhancing the effect of achieved political ties on radical CGTI. These results contribute to the understanding of how political ties influence corporate innovation strategies and provide insights into the role of dynamic capabilities in green technological advancements.https://www.mdpi.com/2079-8954/13/6/443political connection heterogeneitygreen technology innovationgreen entrepreneurship orientationdynamic capabilities
spellingShingle Siqi Meng
Xiaoyu Wu
Shuyang Wang
Political Connection Heterogeneity and Green Technological Innovation: Evidence from Chinese Listed Companies
Systems
political connection heterogeneity
green technology innovation
green entrepreneurship orientation
dynamic capabilities
title Political Connection Heterogeneity and Green Technological Innovation: Evidence from Chinese Listed Companies
title_full Political Connection Heterogeneity and Green Technological Innovation: Evidence from Chinese Listed Companies
title_fullStr Political Connection Heterogeneity and Green Technological Innovation: Evidence from Chinese Listed Companies
title_full_unstemmed Political Connection Heterogeneity and Green Technological Innovation: Evidence from Chinese Listed Companies
title_short Political Connection Heterogeneity and Green Technological Innovation: Evidence from Chinese Listed Companies
title_sort political connection heterogeneity and green technological innovation evidence from chinese listed companies
topic political connection heterogeneity
green technology innovation
green entrepreneurship orientation
dynamic capabilities
url https://www.mdpi.com/2079-8954/13/6/443
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AT xiaoyuwu politicalconnectionheterogeneityandgreentechnologicalinnovationevidencefromchineselistedcompanies
AT shuyangwang politicalconnectionheterogeneityandgreentechnologicalinnovationevidencefromchineselistedcompanies