Dynamic simulation of policy-driven green technology innovation networks: Digital empowerment and collaborative efficiency

To delve into the intricate dynamics of green innovation, it is imperative to establish a policy-driven green innovation network and optimize its multi-entity collaborative mechanism. Given the dynamic complexity of a technological innovation network composed of multiple entities, this paper examines the interactions among four subsystems based on system dynamics (SD) simulation: resource input, innovation performance, policy-driven, and digital empowerment subsystem. Furthermore, we analyze the combined effects of policy-driven initiatives and the role of digital platforms in facilitating innovation efficiency based on empirical evidence. The results indicate that: (1) Government can effectively promote green development by enforcing stronger environmental regulations, such as increasing carbon trading price, while enhancing the emission reduction efficiency of innovative products. (2) Increased per capita R&D investment, along with financial, tax, fiscal incentives for innovation investment, will increase the rate of innovation achievements. (3) Government should strengthen talent policy during anticipated increases in talent numbers and reduce the intensity of introductions during expected declines. (4) By implementing incentive policies to develop S&T platforms, government can broaden innovation network cooperation, promotes resource aggregation, and leverages multi-entity cohort effects.

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Publication Details

Journal
Heliyon
Published
2024-08-01
DOI
https://doi.org/10.1016/j.heliyon.2024.e36622
Citations
5
Primary Topic
Innovation Diffusion and Forecasting
Type
article
Field-Weighted Citation Impact
2.45

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article

Dynamic simulation of policy-driven green technology innovation networks: Digital empowerment and collaborative efficiency

Ling Jin, Guilong Li, Guangsi Zhang, Jiaping Xie
5 citations
Heliyon
Innovation Diffusion and Forecasting
2.45
article

Dynamic simulation of policy-driven green technology innovation networks: Digital empowerment and collaborative efficiency

Ling Jin, Guilong Li, Guangsi Zhang, Jiaping Xie
article en
5 citations

Abstract

To delve into the intricate dynamics of green innovation, it is imperative to establish a policy-driven green innovation network and optimize its multi-entity collaborative mechanism. Given the dynamic complexity of a technological innovation network composed of multiple entities, this paper examines the interactions among four subsystems based on system dynamics (SD) simulation: resource input, innovation performance, policy-driven, and digital empowerment subsystem. Furthermore, we analyze the combined effects of policy-driven initiatives and the role of digital platforms in facilitating innovation efficiency based on empirical evidence. The results indicate that: (1) Government can effectively promote green development by enforcing stronger environmental regulations, such as increasing carbon trading price, while enhancing the emission reduction efficiency of innovative products. (2) Increased per capita R&D investment, along with financial, tax, fiscal incentives for innovation investment, will increase the rate of innovation achievements. (3) Government should strengthen talent policy during anticipated increases in talent numbers and reduce the intensity of introductions during expected declines. (4) By implementing incentive policies to develop S&T platforms, government can broaden innovation network cooperation, promotes resource aggregation, and leverages multi-entity cohort effects.

HeliyonVol. 10(16)
Shanghai University of Political Science and Law (CN), Central University of Finance and Economics (CN), Shanghai University of Finance and Economics (CN), Fudan University (CN), Xinjiang University of Finance and Economics (CN)
Ministry of Education of the People's Republic of China, Xinjiang Uygur Autonomous Region Department of Education, National Office for Philosophy and Social Sciences, Science and Technology Department of Xinjiang Uyghur Autonomous Region, Natural Science Foundation of Xinjiang
Industry, innovation and infrastructure
Openalex Percentile: Top 10%
Innovation Diffusion and Forecasting
2.45
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