Exploring the dynamic diffusion of low‐carbon technology research and development among enterprises: Based on an evolutionary game model with a two‐level heterogeneous social network
This study builds an evolutionary game model based on a social network composed of two sub‐networks with different typologies, which respectively depict the connections of enterprises and consumers. Enterprises engage in evolutionary games to determine whether to invest in low‐carbon technology (LCT...
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| Published in: | Managerial and decision economics Vol. 45; no. 7; pp. 5182 - 5195 |
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| Main Authors: | , , , |
| Format: | Journal Article |
| Language: | English |
| Published: |
Chichester
Wiley Periodicals Inc
01.10.2024
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| Subjects: | |
| ISSN: | 0143-6570, 1099-1468 |
| Online Access: | Get full text |
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| Abstract | This study builds an evolutionary game model based on a social network composed of two sub‐networks with different typologies, which respectively depict the connections of enterprises and consumers. Enterprises engage in evolutionary games to determine whether to invest in low‐carbon technology (LCT) research and development (R&D), while consumers select products based on the contrast effect. Our results show that carbon taxation and subsidies can increase the diffusion of LCT R&D, but their marginal effectiveness decreases. Lowering the loan interest rate of enterprises with better green credit can promote LCT R&D diffusion, while excessively lowering the threshold will inhibit that. |
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| AbstractList | This study builds an evolutionary game model based on a social network composed of two sub‐networks with different typologies, which respectively depict the connections of enterprises and consumers. Enterprises engage in evolutionary games to determine whether to invest in low‐carbon technology (LCT) research and development (R&D), while consumers select products based on the contrast effect. Our results show that carbon taxation and subsidies can increase the diffusion of LCT R&D, but their marginal effectiveness decreases. Lowering the loan interest rate of enterprises with better green credit can promote LCT R&D diffusion, while excessively lowering the threshold will inhibit that. |
| Author | Chen, Feng Wu, Bin Lou, Wen‐qian Zhu, Bo‐wen |
| Author_xml | – sequence: 1 givenname: Wen‐qian surname: Lou fullname: Lou, Wen‐qian organization: Southeast University – sequence: 2 givenname: Bin orcidid: 0000-0002-8314-8259 surname: Wu fullname: Wu, Bin email: 101007032@seu.edu.cn organization: Southeast University – sequence: 3 givenname: Feng surname: Chen fullname: Chen, Feng organization: Southeast University – sequence: 4 givenname: Bo‐wen surname: Zhu fullname: Zhu, Bo‐wen organization: Southeast University |
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| SubjectTerms | Adoption of innovations Carbon Companies Consumers Diffusion Environmental tax Games Interest rates Organizational effectiveness R&D Research & development Social networks Subsidies Taxation Technology |
| Title | Exploring the dynamic diffusion of low‐carbon technology research and development among enterprises: Based on an evolutionary game model with a two‐level heterogeneous social network |
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