Research On The Impact Of Corporate Environmental Responsibility On Technological Innovation

In recent years,with the implementation of the innovation-driven development strategy,China’s overall technological innovation capabilities have made great progress.However,compared with developed countries such as Europe and the United States,the technological innovation capabilities of Chinese enterprises are still low,especially the number of invention patents is far below the level of developed countries.As an economic entity that cannot be ignored in promoting innovation,enterprise innovation behavior is of great significance to the sustainable and healthy development of enterprises and the improvement of national core competitiveness.Therefore,exploring how to improve the technological innovation level of Chinese enterprises is an important research topic.In addition,in order to respond to the requirements of stakeholders,companies must be committed to corporate environmental responsibility.Actively assuming environmental responsibility can help companies obtain resources that are vital to technological innovation.Based on this,this paper combined with the related basic theory,using a certain method of empirical research on Chinese listed companies between corporate environmental responsibility and technology innovation mechanism of action of in-depth study,in order to promote China’s enterprise technology innovation capabilities and the improvement of environmental responsibility to fulfill provide certain basis.This article uses the data of Shanghai and Shenzhen A-share listed companies as a research sample to explore the relationship between corporate environmental responsibility and technological innovation,and examines the mediating role of R&D investment and the moderating effect of public attention and intellectual property protection.The results show that: corporate environmental responsibility has a significant role in promoting technological innovation,and R&D investment plays a part of the intermediary effect;compared with exploratory technological innovation,corporate environmental responsibility has a more obvious promotion effect on utilization technological innovation;the higher the public’s attention,Corporate environmental responsibility has a stronger role in promoting R&D investment;further analysis from the perspective of the external environment found that when a company is located in a region with a higher degree of intellectual property protection,public attention has a more obvious role in regulating corporate environmental responsibility and R&D investment.The main innovations of this paper are as follows: based on relevant theories,the theoretical model of research on the relationship between corporate environmental responsibility and technological innovation is improved,the influence mechanism of "corporate environmental responsibility--R&D investment--technological innovation" is proposed,and the moderating effect of public attention and intellectual property protection is tested.The research findings of this article are helpful to deeply understand the potential intermediate mechanism and boundary conditions of corporate environmental responsibility affecting technological innovation,provide a certain reference for the research of related scholars,and effectively guide the enterprise’s technological innovation management practice.