Explaining the changes in the green technology innovation efficiency of construction enterprises

Abstract

Based on the objective of global carbon emission reduction, the green technology innovation efficiencies of construction enterprises (GTIE–CE) have attracted attention in various countries and regions worldwide. However, researchers have not yet assessed GTIE–CE from the perspectives of asymmetric innovation theory, resource orchestration theory and eco-innovation theory. To reveal the changes in GTIE–CE, an index system is constructed to measure this efficiency based on resource orchestration theory and eco-innovation theory. In addition, based on the asymmetric innovation theory, this study uses the spatial variance function and PVAR model to reveal the evolution mechanism of GTIE–CE with respect to market, government and technology dimensions. The main conclusions are as follows. (1) Regional heterogeneity is present in GTIE–CE in China, and the appearance of high efficiency spreads from the Yangtze River Delta and Pearl River Delta to the surrounding areas. (2) The market dimension positively affects the green technology innovation efficiency of construction enterprises, but this effect is delayed. (3) The government dimension significantly promotes the improvement in GTIE–CE, but this effect is delayed. This study provides an integrated theoretical perspective that reveals the mechanism of GTIE–CE, helps to broaden the research in the field of GTIE–CE, in addition to insights from China to further promote the green transformation of these enterprises.

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