{"id":"https://openalex.org/W3212852543","doi":"https://doi.org/10.1080/09537325.2021.1999404","title":"Can green innovation subsidies reduce the systemic risk of green innovative enterprises? A simulation study","display_name":"Can green innovation subsidies reduce the systemic risk of green innovative enterprises? A simulation study","publication_year":2021,"publication_date":"2021-11-09","ids":{"openalex":"https://openalex.org/W3212852543","doi":"https://doi.org/10.1080/09537325.2021.1999404","mag":"3212852543"},"language":"en","primary_location":{"id":"doi:10.1080/09537325.2021.1999404","is_oa":false,"landing_page_url":"https://doi.org/10.1080/09537325.2021.1999404","pdf_url":null,"source":{"id":"https://openalex.org/S130699561","display_name":"Technology Analysis and Strategic Management","issn_l":"0953-7325","issn":["0953-7325","1465-3990"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Technology Analysis & Strategic Management","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5037870609","display_name":"Wenke Yang","orcid":"https://orcid.org/0000-0002-1735-1582"},"institutions":[{"id":"https://openalex.org/I76569877","display_name":"Southeast University","ror":"https://ror.org/04ct4d772","country_code":"CN","type":"education","lineage":["https://openalex.org/I76569877"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Wenke Yang","raw_affiliation_strings":["School of Economics and Management, Southeast University, Nanjing, People\u2019s Republic of China","School of Economics and Management, Southeast University, Nanjing, People's Republic of China"],"raw_orcid":"https://orcid.org/0000-0002-1735-1582","affiliations":[{"raw_affiliation_string":"School of Economics and Management, Southeast University, Nanjing, People\u2019s Republic of China","institution_ids":["https://openalex.org/I76569877"]},{"raw_affiliation_string":"School of Economics and Management, Southeast University, Nanjing, People's Republic of China","institution_ids":["https://openalex.org/I76569877"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5083100057","display_name":"Qianting Ma","orcid":"https://orcid.org/0000-0002-4728-7040"},"institutions":[{"id":"https://openalex.org/I119454577","display_name":"Nanjing Agricultural University","ror":"https://ror.org/05td3s095","country_code":"CN","type":"education","lineage":["https://openalex.org/I119454577"]},{"id":"https://openalex.org/I76569877","display_name":"Southeast University","ror":"https://ror.org/04ct4d772","country_code":"CN","type":"education","lineage":["https://openalex.org/I76569877"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Qianting Ma","raw_affiliation_strings":["College of Finance, Nanjing Agricultural University, Nanjing, People\u2019s Republic of China","School of Economics and Management, Southeast University, Nanjing, People\u2019s Republic of China","School of Economics and Management, Southeast University, Nanjing, People's Republic of China","College of Finance, Nanjing Agricultural University, Nanjing, People's Republic of China"],"raw_orcid":"https://orcid.org/0000-0002-4728-7040","affiliations":[{"raw_affiliation_string":"College of Finance, Nanjing Agricultural University, Nanjing, People\u2019s Republic of China","institution_ids":["https://openalex.org/I119454577"]},{"raw_affiliation_string":"School of Economics and Management, Southeast University, Nanjing, People\u2019s Republic of China","institution_ids":["https://openalex.org/I76569877"]},{"raw_affiliation_string":"School of Economics and Management, Southeast University, Nanjing, People's Republic of China","institution_ids":["https://openalex.org/I76569877"]},{"raw_affiliation_string":"College of Finance, Nanjing Agricultural University, Nanjing, People's Republic of China","institution_ids":["https://openalex.org/I119454577"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5101955962","display_name":"Jianmin He","orcid":"https://orcid.org/0000-0002-5820-8766"},"institutions":[{"id":"https://openalex.org/I76569877","display_name":"Southeast University","ror":"https://ror.org/04ct4d772","country_code":"CN","type":"education","lineage":["https://openalex.org/I76569877"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Jianmin He","raw_affiliation_strings":["School of Economics and Management, Southeast University, Nanjing, People\u2019s Republic of China","School of Economics and Management, Southeast University, Nanjing, People's Republic of China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Southeast University, Nanjing, People\u2019s Republic of China","institution_ids":["https://openalex.org/I76569877"]},{"raw_affiliation_string":"School of Economics and Management, Southeast University, Nanjing, People's Republic of China","institution_ids":["https://openalex.org/I76569877"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5027917522","display_name":"Shuai Lu","orcid":"https://orcid.org/0000-0002-7611-2661"},"institutions":[{"id":"https://openalex.org/I76569877","display_name":"Southeast University","ror":"https://ror.org/04ct4d772","country_code":"CN","type":"education","lineage":["https://openalex.org/I76569877"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Shuai Lu","raw_affiliation_strings":["School of Economics and Management, Southeast University, Nanjing, People\u2019s Republic of China","School of Economics and Management, Southeast University, Nanjing, People's Republic of China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Southeast University, Nanjing, People\u2019s Republic of China","institution_ids":["https://openalex.org/I76569877"]},{"raw_affiliation_string":"School of Economics and Management, Southeast University, Nanjing, People's Republic of China","institution_ids":["https://openalex.org/I76569877"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5101634702","display_name":"Xi Chen","orcid":"https://orcid.org/0000-0001-6833-8516"},"institutions":[{"id":"https://openalex.org/I137056471","display_name":"Nanjing University of Finance and Economics","ror":"https://ror.org/031y8am81","country_code":"CN","type":"education","lineage":["https://openalex.org/I137056471"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xi Chen","raw_affiliation_strings":["Hongshan College of Nanjing University of Finance and Economics, Nanjing, People\u2019s Republic of China","Hongshan College of Nanjing University of Finance and Economics, Nanjing, People's Republic of China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Hongshan College of Nanjing University of Finance and Economics, Nanjing, People\u2019s Republic of China","institution_ids":["https://openalex.org/I137056471"]},{"raw_affiliation_string":"Hongshan College of Nanjing University of Finance and Economics, Nanjing, People's Republic of China","institution_ids":["https://openalex.org/I137056471"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5083100057"],"corresponding_institution_ids":["https://openalex.org/I119454577","https://openalex.org/I76569877"],"apc_list":null,"apc_paid":null,"fwci":2.3928,"has_fulltext":false,"cited_by_count":10,"citation_normalized_percentile":{"value":0.89490829,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":94,"max":97},"biblio":{"volume":"35","issue":"9","first_page":"1223","last_page":"1239"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11508","display_name":"Corporate Taxation and Avoidance","score":0.9902999997138977,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11508","display_name":"Corporate Taxation and Avoidance","score":0.9902999997138977,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.9901999831199646,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10438","display_name":"Energy, Environment, Economic Growth","score":0.9896000027656555,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/green-innovation","display_name":"Green innovation","score":0.666697084903717},{"id":"https://openalex.org/keywords/construct","display_name":"Construct (python library)","score":0.6101871728897095},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5825427770614624},{"id":"https://openalex.org/keywords/subsidy","display_name":"Subsidy","score":0.5820435881614685},{"id":"https://openalex.org/keywords/market-liquidity","display_name":"Market liquidity","score":0.5781763195991516},{"id":"https://openalex.org/keywords/function","display_name":"Function (biology)","score":0.5294929146766663},{"id":"https://openalex.org/keywords/originality","display_name":"Originality","score":0.5226359367370605},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.499176025390625},{"id":"https://openalex.org/keywords/mechanism","display_name":"Mechanism (biology)","score":0.4726889431476593},{"id":"https://openalex.org/keywords/systemic-risk","display_name":"Systemic risk","score":0.4703434109687805},{"id":"https://openalex.org/keywords/intervention","display_name":"Intervention (counseling)","score":0.4551023542881012},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.2756439447402954},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.18706855177879333},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.15833213925361633},{"id":"https://openalex.org/keywords/financial-crisis","display_name":"Financial crisis","score":0.07498276233673096},{"id":"https://openalex.org/keywords/qualitative-research","display_name":"Qualitative research","score":0.0706976056098938}],"concepts":[{"id":"https://openalex.org/C2993150066","wikidata":"https://www.wikidata.org/wiki/Q2491831","display_name":"Green innovation","level":2,"score":0.666697084903717},{"id":"https://openalex.org/C2780801425","wikidata":"https://www.wikidata.org/wiki/Q5164392","display_name":"Construct (python library)","level":2,"score":0.6101871728897095},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5825427770614624},{"id":"https://openalex.org/C84265765","wikidata":"https://www.wikidata.org/wiki/Q193219","display_name":"Subsidy","level":2,"score":0.5820435881614685},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.5781763195991516},{"id":"https://openalex.org/C14036430","wikidata":"https://www.wikidata.org/wiki/Q3736076","display_name":"Function (biology)","level":2,"score":0.5294929146766663},{"id":"https://openalex.org/C2776950860","wikidata":"https://www.wikidata.org/wiki/Q2914681","display_name":"Originality","level":3,"score":0.5226359367370605},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.499176025390625},{"id":"https://openalex.org/C89611455","wikidata":"https://www.wikidata.org/wiki/Q6804646","display_name":"Mechanism (biology)","level":2,"score":0.4726889431476593},{"id":"https://openalex.org/C144587487","wikidata":"https://www.wikidata.org/wiki/Q1369234","display_name":"Systemic risk","level":3,"score":0.4703434109687805},{"id":"https://openalex.org/C2780665704","wikidata":"https://www.wikidata.org/wiki/Q959298","display_name":"Intervention (counseling)","level":2,"score":0.4551023542881012},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2756439447402954},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.18706855177879333},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.15833213925361633},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.07498276233673096},{"id":"https://openalex.org/C190248442","wikidata":"https://www.wikidata.org/wiki/Q839486","display_name":"Qualitative research","level":2,"score":0.0706976056098938},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.0},{"id":"https://openalex.org/C118552586","wikidata":"https://www.wikidata.org/wiki/Q7867","display_name":"Psychiatry","level":1,"score":0.0},{"id":"https://openalex.org/C78458016","wikidata":"https://www.wikidata.org/wiki/Q840400","display_name":"Evolutionary biology","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1080/09537325.2021.1999404","is_oa":false,"landing_page_url":"https://doi.org/10.1080/09537325.2021.1999404","pdf_url":null,"source":{"id":"https://openalex.org/S130699561","display_name":"Technology Analysis and Strategic Management","issn_l":"0953-7325","issn":["0953-7325","1465-3990"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Technology Analysis & Strategic Management","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9","score":0.6499999761581421}],"awards":[{"id":"https://openalex.org/G1323980805","display_name":null,"funder_award_id":"SKYC2021021","funder_id":"https://openalex.org/F4320323430","funder_display_name":"Central University of Technology"},{"id":"https://openalex.org/G3069968715","display_name":null,"funder_award_id":"71971055","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G3532714477","display_name":null,"funder_award_id":"72173018","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G6536433838","display_name":null,"funder_award_id":"3214002104D","funder_id":"https://openalex.org/F4320335787","funder_display_name":"Fundamental Research Funds for the Central Universities"},{"id":"https://openalex.org/G8843103732","display_name":null,"funder_award_id":"2021SJA0059","funder_id":"https://openalex.org/F4320324207","funder_display_name":"Jiangsu Provincial Department of Education"}],"funders":[{"id":"https://openalex.org/F4320314366","display_name":"Federation for the Humanities and Social Sciences","ror":"https://ror.org/00y8ab321"},{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320321605","display_name":"Government of Jiangsu Province","ror":"https://ror.org/004svx814"},{"id":"https://openalex.org/F4320323430","display_name":"Central University of Technology","ror":"https://ror.org/033z08192"},{"id":"https://openalex.org/F4320324207","display_name":"Jiangsu Provincial Department of Education","ror":"https://ror.org/059md9404"},{"id":"https://openalex.org/F4320327281","display_name":"Jilin Office of Philosophy and Social Science","ror":null},{"id":"https://openalex.org/F4320335787","display_name":"Fundamental Research Funds for the Central Universities","ror":null}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":34,"referenced_works":["https://openalex.org/W348488691","https://openalex.org/W1851438718","https://openalex.org/W1974684109","https://openalex.org/W2052838045","https://openalex.org/W2057154045","https://openalex.org/W2063098380","https://openalex.org/W2081278628","https://openalex.org/W2119106412","https://openalex.org/W2133231666","https://openalex.org/W2168735921","https://openalex.org/W2324764715","https://openalex.org/W2473526392","https://openalex.org/W2736633056","https://openalex.org/W2767349862","https://openalex.org/W2768559475","https://openalex.org/W2771554879","https://openalex.org/W2785115258","https://openalex.org/W2810342702","https://openalex.org/W2899358268","https://openalex.org/W2917818152","https://openalex.org/W2933553796","https://openalex.org/W2956131196","https://openalex.org/W2990984943","https://openalex.org/W2998347646","https://openalex.org/W3004261429","https://openalex.org/W3008277014","https://openalex.org/W3048712356","https://openalex.org/W3093355452","https://openalex.org/W3118558734","https://openalex.org/W3122049147","https://openalex.org/W3122471459","https://openalex.org/W3123186395","https://openalex.org/W3123232430","https://openalex.org/W3124242636"],"related_works":["https://openalex.org/W2593155302","https://openalex.org/W2041415459","https://openalex.org/W2072812638","https://openalex.org/W3126095231","https://openalex.org/W2352855287","https://openalex.org/W2378906650","https://openalex.org/W2384288445","https://openalex.org/W2382526412","https://openalex.org/W4200071106","https://openalex.org/W2347474189"],"abstract_inverted_index":{"Purpose":[0],"The":[1],"study":[2,98],"aims":[3],"to":[4,35,120,166],"investigate":[5],"the":[6,16,28,37,43,46,50,56,59,65,71,76,82,110,113,125,134,143,146,154],"role":[7],"of":[8,20,45,64,73,78,112,136,145,156],"green":[9,21,53],"innovation":[10],"subsidy":[11],"policies":[12],"(GISPs)":[13],"in":[14],"reducing":[15],"systemic":[17],"risk":[18],"(SR)":[19],"innovative":[22],"enterprises":[23],"(GIEs).Methodology":[24],"This":[25,97],"paper":[26],"studies":[27],"subject":[29],"behaviours":[30],"and":[31,41,49,61,75,91,105,123,141,158,163],"system":[32],"evolution":[33],"rules":[34],"construct":[36],"artificial":[38],"GIEs":[39],"system,":[40],"investigates":[42],"effects":[44,135],"GISP":[47,137],"intervention":[48],"intention":[51],"for":[52,102],"R&D":[54],"on":[55,133,138],"SR.Findings":[57],"Firstly,":[58],"internal":[60,162],"external":[62,164],"factors":[63],"constructed":[66],"model":[67],"can":[68],"significantly":[69],"reduce":[70,167],"number":[72],"bankruptcies":[74,119],"SR":[77,111,122,140],"GIEs.":[79,114],"In":[80,115],"addition,":[81,116],"joint":[83],"effect":[84],"is":[85],"better":[86],"than":[87],"a":[88],"single":[89],"one":[90],"has":[92,99],"an":[93],"obvious":[94],"\u2018synergy":[95],"effect\u2019.Originality":[96],"practical":[100],"implications":[101],"GIEs,":[103],"banks,":[104],"governments.":[106],"First,":[107],"we":[108,117,131,152],"find":[109],"adopt":[118],"measure":[121],"consider":[124],"liquidity":[126],"early":[127],"warning":[128],"mechanism.":[129],"Moreover,":[130],"focus":[132],"their":[139,160],"emphasize":[142],"function":[144],"\u2018implicit":[147],"guarantee":[148],"mechanism\u2019.":[149],"More":[150],"importantly,":[151],"compare":[153],"forms":[155],"GISPs":[157],"analyze":[159],"possible":[161],"mechanisms":[165],"SR.":[168]},"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":3}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}