Green Finance and Green Technological Innovation: The Synergistic Effect of Social Capital

Against the backdrop of global warming, green technological innovation has become the key to enterprises' green transition and sustainable development. Green finance supports this process by optimizing resource allocation and providing financial backing for green technological innovation. This study reviews the theoretical foundations of green finance and corporate green technological innovation, analyzes both the direct and synergistic effects of green finance and social capital, and further explores the mechanisms underlying their synergy. The findings offer theoretical insights and practical guidance for optimizing green finance policy design and improving the coordination mechanism between green finance and social capital.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2025-04-21
DOI
https://doi.org/10.54254/2754-1169/2025.22110
Primary Topic
Energy, Environment, Economic Growth
Type
article
Field-Weighted Citation Impact
0.00
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article

Green Finance and Green Technological Innovation: The Synergistic Effect of Social Capital

Meng Xu, Xiangyun Chang, Jinfeng She
Advances in Economics Management and Political Sciences
Energy, Environment, Economic Growth
article

Green Finance and Green Technological Innovation: The Synergistic Effect of Social Capital

Meng Xu, Xiangyun Chang, Jinfeng She
article en

Abstract

Against the backdrop of global warming, green technological innovation has become the key to enterprises' green transition and sustainable development. Green finance supports this process by optimizing resource allocation and providing financial backing for green technological innovation. This study reviews the theoretical foundations of green finance and corporate green technological innovation, analyzes both the direct and synergistic effects of green finance and social capital, and further explores the mechanisms underlying their synergy. The findings offer theoretical insights and practical guidance for optimizing green finance policy design and improving the coordination mechanism between green finance and social capital.

Advances in Economics Management and Political SciencesVol. 176(1)
East China University of Science and Technology (CN)
Openalex Percentile: Top 88%
Energy, Environment, Economic Growth
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