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Impact of Manufacturing Firms′ Green Innovation on Government Support:the Mediating Effect of Legitimacy |
Yu Fei1,Xiao Cheng1,Zhang Mingwei1,Hu Chaping2 |
(1.Business School, Guilin University of Electronic Technology, Guilin 541004, China;2.School of Business, Guizhou Minzu University, Guiyang 550025, China) |
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Abstract This paper integrates neo-institutional theory, and studies the impact of firms′ green innovation on government support, and the mediating effect of legitimacy on the relationship between firms′ green innovation and government support, by a survey of 284 manufacturing firms and a regression model. Our findings reveal that firms′ green innovation has positive effects on government support, and legitimacy has partially played a mediating role between them. Further, the relationship between firms′ green innovation and government support is affected by the political connections and competitive intensity. Specifically, both firms without political connections and low level competitive intensity enhance the relationship between firms′ green innovation and government support. By explaining how firms′ green innovation affect government support through the mediating effect of legitimacy, this paper introducing the legitimacy view of neo-institutional theory into the research field of firms′ green innovation and government support, and provides a new perspective for further research by going beyond the controversy of whether firms′ green innovation promotes their financial performance. It expands the research on the effects of firms′green innovation from the perspective of enterprise financial performance to the perspective of enterprise-government relationship, and enriches the studies on firms′ green innovation. Finally, this paper provides a new way for firms to obtain government support from the perspective of firms′ green innovation.
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Received: 13 January 2020
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