{"id":"https://openalex.org/W3198639341","doi":"https://doi.org/10.1108/k-05-2021-0422","title":"Government subsidy, asymmetric information and green innovation","display_name":"Government subsidy, asymmetric information and green innovation","publication_year":2021,"publication_date":"2021-08-31","ids":{"openalex":"https://openalex.org/W3198639341","doi":"https://doi.org/10.1108/k-05-2021-0422","mag":"3198639341"},"language":"en","primary_location":{"id":"doi:10.1108/k-05-2021-0422","is_oa":false,"landing_page_url":"https://doi.org/10.1108/k-05-2021-0422","pdf_url":null,"source":{"id":"https://openalex.org/S168682784","display_name":"Kybernetes","issn_l":"0368-492X","issn":["0368-492X","1758-7883"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Kybernetes","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/A5079288601","display_name":"Yatian Liu","orcid":null},"institutions":[{"id":"https://openalex.org/I177955009","display_name":"China University of Political Science and Law","ror":"https://ror.org/00e49gy82","country_code":"CN","type":"education","lineage":["https://openalex.org/I177955009"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yatian Liu","raw_affiliation_strings":["Postdoctoral Research Station, China University of Political Science and Law, Beijing, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Postdoctoral Research Station, China University of Political Science and Law, Beijing, China","institution_ids":["https://openalex.org/I177955009"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5011382506","display_name":"Heng Xu","orcid":"https://orcid.org/0000-0001-5719-0480"},"institutions":[{"id":"https://openalex.org/I177955009","display_name":"China University of Political Science and Law","ror":"https://ror.org/00e49gy82","country_code":"CN","type":"education","lineage":["https://openalex.org/I177955009"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Heng Xu","raw_affiliation_strings":["Business School, China University of Political Science and Law, Beijing, China"],"raw_orcid":"https://orcid.org/0000-0001-5719-0480","affiliations":[{"raw_affiliation_string":"Business School, China University of Political Science and Law, Beijing, China","institution_ids":["https://openalex.org/I177955009"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5101590581","display_name":"Xiaojie Wang","orcid":"https://orcid.org/0000-0001-6329-3013"},"institutions":[{"id":"https://openalex.org/I146563203","display_name":"University of International Business and Economics","ror":"https://ror.org/05khqpb71","country_code":"CN","type":"education","lineage":["https://openalex.org/I146563203"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xiaojie Wang","raw_affiliation_strings":["Business School, University of International Business and Economics, Beijing, China"],"raw_orcid":"https://orcid.org/0000-0001-6329-3013","affiliations":[{"raw_affiliation_string":"Business School, University of International Business and Economics, Beijing, China","institution_ids":["https://openalex.org/I146563203"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":4.855,"has_fulltext":false,"cited_by_count":65,"citation_normalized_percentile":{"value":0.94791992,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":97,"max":100},"biblio":{"volume":"51","issue":"12","first_page":"3681","last_page":"3703"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10880","display_name":"Environmental Sustainability in Business","score":0.9987999796867371,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"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/T10880","display_name":"Environmental Sustainability in Business","score":0.9987999796867371,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"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/T10438","display_name":"Energy, Environment, Economic Growth","score":0.9958000183105469,"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/T10539","display_name":"Sustainable Supply Chain Management","score":0.9846000075340271,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/subsidy","display_name":"Subsidy","score":0.8330702781677246},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"Information asymmetry","score":0.8300758004188538},{"id":"https://openalex.org/keywords/moral-hazard","display_name":"Moral hazard","score":0.6636608839035034},{"id":"https://openalex.org/keywords/government","display_name":"Government (linguistics)","score":0.652917742729187},{"id":"https://openalex.org/keywords/incentive","display_name":"Incentive","score":0.6124036312103271},{"id":"https://openalex.org/keywords/perfect-information","display_name":"Perfect information","score":0.565239667892456},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5231013298034668},{"id":"https://openalex.org/keywords/quality","display_name":"Quality (philosophy)","score":0.49694302678108215},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.495017945766449},{"id":"https://openalex.org/keywords/corporate-social-responsibility","display_name":"Corporate social responsibility","score":0.4908059537410736},{"id":"https://openalex.org/keywords/green-innovation","display_name":"Green innovation","score":0.4327560067176819},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.41096729040145874},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4002126455307007},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.39359715580940247},{"id":"https://openalex.org/keywords/public-economics","display_name":"Public economics","score":0.381539523601532},{"id":"https://openalex.org/keywords/public-relations","display_name":"Public relations","score":0.22313347458839417},{"id":"https://openalex.org/keywords/market-economy","display_name":"Market economy","score":0.15464872121810913}],"concepts":[{"id":"https://openalex.org/C84265765","wikidata":"https://www.wikidata.org/wiki/Q193219","display_name":"Subsidy","level":2,"score":0.8330702781677246},{"id":"https://openalex.org/C137577040","wikidata":"https://www.wikidata.org/wiki/Q431965","display_name":"Information asymmetry","level":2,"score":0.8300758004188538},{"id":"https://openalex.org/C2780202544","wikidata":"https://www.wikidata.org/wiki/Q44454","display_name":"Moral hazard","level":3,"score":0.6636608839035034},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.652917742729187},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.6124036312103271},{"id":"https://openalex.org/C123676819","wikidata":"https://www.wikidata.org/wiki/Q1074338","display_name":"Perfect information","level":2,"score":0.565239667892456},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5231013298034668},{"id":"https://openalex.org/C2779530757","wikidata":"https://www.wikidata.org/wiki/Q1207505","display_name":"Quality (philosophy)","level":2,"score":0.49694302678108215},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.495017945766449},{"id":"https://openalex.org/C141261163","wikidata":"https://www.wikidata.org/wiki/Q218600","display_name":"Corporate social responsibility","level":2,"score":0.4908059537410736},{"id":"https://openalex.org/C2993150066","wikidata":"https://www.wikidata.org/wiki/Q2491831","display_name":"Green innovation","level":2,"score":0.4327560067176819},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.41096729040145874},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4002126455307007},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.39359715580940247},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.381539523601532},{"id":"https://openalex.org/C39549134","wikidata":"https://www.wikidata.org/wiki/Q133080","display_name":"Public relations","level":1,"score":0.22313347458839417},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.15464872121810913},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","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},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","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}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/k-05-2021-0422","is_oa":false,"landing_page_url":"https://doi.org/10.1108/k-05-2021-0422","pdf_url":null,"source":{"id":"https://openalex.org/S168682784","display_name":"Kybernetes","issn_l":"0368-492X","issn":["0368-492X","1758-7883"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Kybernetes","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Industry, innovation and infrastructure","score":0.6600000262260437,"id":"https://metadata.un.org/sdg/9"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":82,"referenced_works":["https://openalex.org/W1851438718","https://openalex.org/W1965849820","https://openalex.org/W1978653045","https://openalex.org/W1993838235","https://openalex.org/W1999064493","https://openalex.org/W2001568969","https://openalex.org/W2003757574","https://openalex.org/W2007671133","https://openalex.org/W2009251128","https://openalex.org/W2012828121","https://openalex.org/W2019698695","https://openalex.org/W2024668786","https://openalex.org/W2032427874","https://openalex.org/W2044591779","https://openalex.org/W2064864566","https://openalex.org/W2064887724","https://openalex.org/W2072227994","https://openalex.org/W2073655535","https://openalex.org/W2095177382","https://openalex.org/W2096570145","https://openalex.org/W2100765854","https://openalex.org/W2114407462","https://openalex.org/W2125452690","https://openalex.org/W2130173030","https://openalex.org/W2158511051","https://openalex.org/W2167993041","https://openalex.org/W2274695037","https://openalex.org/W2308219727","https://openalex.org/W2345090661","https://openalex.org/W2345425456","https://openalex.org/W2346307529","https://openalex.org/W2436898699","https://openalex.org/W2471694869","https://openalex.org/W2509260787","https://openalex.org/W2518741665","https://openalex.org/W2536497836","https://openalex.org/W2536576688","https://openalex.org/W2563895225","https://openalex.org/W2581879441","https://openalex.org/W2747209831","https://openalex.org/W2762270383","https://openalex.org/W2767170198","https://openalex.org/W2780608276","https://openalex.org/W2789696442","https://openalex.org/W2792023104","https://openalex.org/W2803057484","https://openalex.org/W2805007362","https://openalex.org/W2808487854","https://openalex.org/W2808596559","https://openalex.org/W2884637043","https://openalex.org/W2901468619","https://openalex.org/W2914201499","https://openalex.org/W2919739237","https://openalex.org/W2941472935","https://openalex.org/W2943112907","https://openalex.org/W2944444123","https://openalex.org/W2951901227","https://openalex.org/W2953875462","https://openalex.org/W2979732396","https://openalex.org/W2979908567","https://openalex.org/W2990226863","https://openalex.org/W2990921490","https://openalex.org/W2991618575","https://openalex.org/W2998495302","https://openalex.org/W2999621162","https://openalex.org/W3002295035","https://openalex.org/W3007236056","https://openalex.org/W3008637641","https://openalex.org/W3026851372","https://openalex.org/W3043024662","https://openalex.org/W3098920038","https://openalex.org/W3107198767","https://openalex.org/W3122389139","https://openalex.org/W3123431456","https://openalex.org/W3124160225","https://openalex.org/W3124302192","https://openalex.org/W3124548692","https://openalex.org/W3124814550","https://openalex.org/W3125187480","https://openalex.org/W3125374214","https://openalex.org/W3126022570","https://openalex.org/W3126481547"],"related_works":["https://openalex.org/W1868061039","https://openalex.org/W2269392318","https://openalex.org/W2064044459","https://openalex.org/W2350979147","https://openalex.org/W3126541653","https://openalex.org/W1994524956","https://openalex.org/W4234972252","https://openalex.org/W3165323529","https://openalex.org/W2212962275","https://openalex.org/W3121804586"],"abstract_inverted_index":{"Purpose":[0],"The":[1,46,252,273,327,454],"presence":[2,154],"of":[3,26,48,63,81,155,163,188,196,208,221,234,237,298,315,322,338,357,380,438,470,495,507,510,521],"asymmetric":[4,156,274,346],"information":[5,62,82,112,177,241,290,347,381,459],"exists":[6],"between":[7,392,448,461],"firms":[8,93,465],"and":[9,70,168,211,231,240,348,376,395,414,451,464,486,512],"the":[10,13,21,28,32,43,61,73,78,88,92,98,102,115,126,153,158,161,173,176,186,191,194,206,213,219,222,226,232,244,248,256,261,281,288,292,296,303,313,318,323,333,336,339,351,355,358,378,383,393,396,403,408,420,428,446,462,468,474,483,493,500,504,513,519,522,526],"government":[11,29,55,103,223,249,257,340,409,449,463,471,523],"about":[12,291,436],"firms'":[14,64,475,527],"green":[15,33,58,99,119,150,227,245,263,282,325,343,362,412,439,452,476,528],"innovation;":[16],"this":[17,49],"may":[18,121,466],"lead":[19],"to":[20,52,86,94,140,170,216,278,311,331,349,353,360,371,374,405],"firm's":[22,116,165,235,262,293,324],"moral":[23,166,300,319],"hazard":[24,167,320],"problem":[25,37,321],"misusing":[27],"subsidy":[30,56,224,258,341,359,410,450,472,524],"on":[31,118,175,225,280,342,427,445,473,525],"innovation.":[34,151,283,326,453,477,529],"Such":[35,398],"a":[36,107,164,201,299,416],"is":[38,51,285,330,373,480],"not":[39,122,442],"fully":[40,124],"considered":[41],"by":[42,229,364,482,488],"existing":[44],"literature.":[45],"purpose":[47],"study":[50,337],"explore":[53],"how":[54],"affects":[57],"innovation":[59,65,100,120,228,246,344,363,413,440],"when":[60],"cannot":[66],"be":[67,123,129,307],"completed":[68],"observed,":[69,125],"figure":[71,217],"out":[72,172,218],"mechanisms":[74],"that":[75,90,179,255,268,287,458],"can":[76,180,259,386,401,516],"alleviate":[77],"negative":[79],"impact":[80,469],"asymmetry,":[83],"which":[84,114,385],"helps":[85],"explain":[87],"factors":[89],"motivate":[91,361],"actively":[95],"engage":[96,141],"into":[97,142,411],"with":[101,247],"subsidy.":[104,250],"Design/methodology/approach":[105],"In":[106],"theoretical":[108,189,210,484],"model":[109,485],"under":[110,345],"imperfect":[111],"in":[113,200,243,335,382],"activity":[117],"firm":[127,136],"could":[128,306],"either":[130],"altruistic":[131,135],"or":[132],"not;":[133],"an":[134,308,388,489],"has":[137],"stronger":[138],"incentive":[139,390,399],"corporate":[143],"social":[144,238,429],"responsibility":[145,239],"(CSR)":[146],"activities":[147],"such":[148,182],"as":[149],"With":[152],"information,":[157,275,316],"authors":[159,192,214],"analyze":[160],"possibility":[162,297],"try":[169,215],"find":[171],"condition":[174],"quality":[178,242,314],"avoid":[181],"problem.":[183],"To":[184],"examine":[185],"results":[187,253],"analysis,":[190],"use":[193,407],"data":[195,494],"Chinese":[197,496],"listed":[198,497],"companies":[199],"corresponding":[202],"empirical":[203,212,490,501],"analysis.":[204],"On":[205],"basis":[207],"both":[209],"effect":[220,506],"enterprise":[230],"role":[233],"characteristics":[236,509],"Findings":[251],"show":[254],"promote":[260],"innovation,":[264],"especially":[265],"for":[266,424],"those":[267],"are":[269,434],"more":[270],"socially":[271],"responsible.":[272],"however,":[276],"leads":[277],"inefficiency":[279],"This":[284,478],"because":[286],"low-quality":[289],"behavior":[294],"raises":[295],"hazard.":[301],"Moreover,":[302],"analyst":[304,514],"coverage":[305,515],"efficient":[309,389],"way":[310],"improve":[312,354,377],"alleviating":[317],"main":[328],"contribution":[329,426],"fill":[332],"gap":[334],"provide":[350],"mechanism":[352],"efficiency":[356],"enterprise.":[365],"Practical":[366],"implications":[367],"A":[368],"crucial":[369],"implication":[370],"policymakers":[372],"complete":[375],"system":[379],"market,":[384],"form":[387],"compatibility":[391,400],"enterprises":[394,404],"public.":[397],"attract":[402],"better":[406],"receive":[415],"long-run":[417],"return":[418],"from":[419],"public's":[421],"positive":[422],"feedback":[423],"their":[425],"good.":[430],"Originality/value":[431],"Existing":[432],"studies":[433],"concerned":[435],"antecedents":[437],"do":[441],"completely":[443],"focus":[444],"relationship":[447],"present":[455],"paper":[456],"considers":[457],"asymmetry":[460],"affect":[467,518],"conjecture":[479],"studied":[481],"verified":[487],"analysis":[491,502],"using":[492],"companies.":[498],"Additionally,":[499],"explores":[503],"moderating":[505],"CSR":[508],"firms,":[511],"positively":[517],"promotion":[520]},"counts_by_year":[{"year":2026,"cited_by_count":11},{"year":2025,"cited_by_count":23},{"year":2024,"cited_by_count":12},{"year":2023,"cited_by_count":15},{"year":2022,"cited_by_count":4}],"updated_date":"2026-05-21T06:26:12.895304","created_date":"2025-10-10T00:00:00"}
