Exploiting the staggered adoption of universal demand (UD) laws as a quasi-natural experiment and the difference in difference approach, we find that US firms in states that adopted UD laws reduced their green innovation output and quality relative to their counterparts. The causal relationship...

We examine the impact of economic policy uncertainty on innovation using cross-country industry data and how country institutions moderate this relationship. Our findings show that economic policy uncertainty impedes innovation output and quality. Our study uncovers three economic mechanisms...

In response to the increasing pressure of social inequality and environmental issues, China has proposed an inclusive green growth (IGG) strategy based on the coordination of the society, economy, and environment. However, there is a lack of relevant research in academia, especially in...

Exploiting the staggered adoption of corporate social responsibility (CSR) disclosure laws as a quasi-natural experiment and the difference in difference(DID) approach, we find that firms in countries that adopted CSR disclosure laws increased their green innovation output and quality relative...