Green Process Innovation and Financial Performance in Emerging Economies: Moderating Effects of Absorptive Capacity and Green Subsidies
Summary. Green process innovation improves financial performance in manufacturing industries, particularly in emerging economies. Using ten years of Chinese industrial data, the study finds that both clean and end-of-pipe technologies boost profitability. Absorptive capacity—a firm's ability to learn and apply knowledge—strengthens this benefit, while government subsidies surprisingly weaken it. Industries gain more from leveraging internal capabilities than relying on external government support.
Cite this article
Xie, X., Huo, J., Qi, G., & Zhu, K.. (2015). Green Process Innovation and Financial Performance in Emerging Economies: Moderating Effects of Absorptive Capacity and Green Subsidies. IEEE Transactions on Engineering Management. https://doi.org/10.1109/tem.2015.2507585
Xie, Xuemei, et al. “Green Process Innovation and Financial Performance in Emerging Economies: Moderating Effects of Absorptive Capacity and Green Subsidies.” IEEE Transactions on Engineering Management, 2015. https://doi.org/10.1109/tem.2015.2507585.
Xie, Xuemei, Jiage Huo, Guoyou Qi, and Kevin Zhu. 2015. “Green Process Innovation and Financial Performance in Emerging Economies: Moderating Effects of Absorptive Capacity and Green Subsidies.” IEEE Transactions on Engineering Management. https://doi.org/10.1109/tem.2015.2507585.
@article{xie-2015-green-process-innovation-financial-performance,
title = {Green Process Innovation and Financial Performance in Emerging Economies: Moderating Effects of Absorptive Capacity and Green Subsidies},
author = {Xuemei Xie and Jiage Huo and Guoyou Qi and Kevin Zhu},
journal = {IEEE Transactions on Engineering Management},
year = {2015},
doi = {10.1109/tem.2015.2507585},
url = {https://doi.org/10.1109/tem.2015.2507585}
}
TY - JOUR TI - Green Process Innovation and Financial Performance in Emerging Economies: Moderating Effects of Absorptive Capacity and Green Subsidies AU - Xuemei Xie AU - Jiage Huo AU - Guoyou Qi AU - Kevin Zhu JO - IEEE Transactions on Engineering Management PY - 2015 DO - 10.1109/tem.2015.2507585 UR - https://doi.org/10.1109/tem.2015.2507585 ER -
Details
- DOI
- 10.1109/tem.2015.2507585
- Countries
- China
- Regions
- Asia
- Categories
- climate-and-environment, innovation-theory, policy, general-innovation
- Added
- 2026-04-28