Business, Management and Accounting
6 years ago

China's environmental policies lack authority and focus on adoption over R&D.

Environmental Science & Policy
Content analysis of China’s environmental policy instruments on promoting firms’ environmental innovation
Zhongju Liao

Paper Summary

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Environmental policy instruments in China are crucial for promoting firms' environmental innovation. A study analyzed 231 policies from 1987 to 2016 and found that most policies lack authority and focus on notification. Market-based instruments are used more than command-control or information-based ones. Policies mainly target environmental innovation adoption rather than research and development. Government procurement and information disclosure measures are underutilized in promoting environmental innovation.