Business, Management and Accounting
4 years ago

Manufacturing enterprises shift to green innovation with government intervention.

Alexandria Engineering Journal
Evolutionary game analysis on the selection of green and low carbon innovation between manufacturing enterprises
Hong-Mei Chen, Jianxue Wang, Yujun Miao

Paper Summary

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The article explores how manufacturing companies choose between green and low carbon (GLC) innovation. By creating game models, the researchers found that some companies will switch to GLC innovation due to cost advantages and positive effects on others. Government intervention can encourage all companies to adopt GLC innovation through incentives like transfer payments and tax credits.