Encouraging enterprises to engage in green innovation is an effective way to reduce carbon emissions from production. As one of the largest carbon emitters, China has launched policies to achieve carbon peaking and neutrality, also known as China’s dual carbon policy. However, existing...

To address the carbon lock-in problem, many developing countries have utilized multinational firms’ (MNFs’) mandatory carbon emission reduction requirements for the domestic manufacturers they source from, thereby triggering the latter’s investment in carbon emission reduction. But facing...

Non-saturated markets such as high-tech markets are attracting more and more eco-conscious consumers. Their utility can be increased by firms’ investment in carbon reduction, so the overall demand can be expanded without intensifying the market competition too much. In this paper, we build a...