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Investment strategy of low-carbon technology in a competitive market: Technology R&D or purchases?

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成果类型:
期刊论文
作者:
Yu, Man;Liu, Kanying
通讯作者:
Liu, KY
作者机构:
[Yu, Man] Beijing Wuzi Univ, Sch Econ, Beijing 101149, Peoples R China.
[Yu, Man] Beijing Wuzi Univ, Inst Carbon Peak & Neutral, Beijing 101149, Peoples R China.
[Liu, Kanying] Hunan Agr Univ, Sch Business, Changsha 410128, Hunan, Peoples R China.
通讯机构:
[Liu, KY ] H
Hunan Agr Univ, Sch Business, Changsha 410128, Hunan, Peoples R China.
语种:
英文
关键词:
Low-carbon technology investment;R&D;Innovation uncertainty;Technology purchase;Carbon emission reduction;Competing supply chains
期刊:
Economic Modelling
ISSN:
0264-9993
年:
2025
卷:
151
页码:
107190
基金类别:
Author contributions Man Yu: Writing original draft, Proofs curation, Modifying paper, acquisition. Kangying Liu: Editing manuscript, Formal analysis, Modifying paper, acquisition, Supervision. The paper was partially supported by the General Project of Social Science Plan of Beijing Municipal Education Commission ( SM202410037006 ), the Research Fund of Young Teachers in Beijing Wuzi University ( 2023XJQN03 ), and the Natural Science Foundation of Changsha ( kq2208082 ).
机构署名:
本校为通讯机构
院系归属:
商学院
摘要:
This study investigates the issues of manufacturers' low-carbon technology investment strategies and their impacts while considering innovation uncertainty in a competitive market. We build game theoretical models to analyze various low-carbon technology investment formats. The findings reveal that manufacturers' investment decisions are heavily influenced by the success probability of research and development (R&D), the intensity of competition, and consumers' low-carbon awareness. It also shows that, under certain circumstances, a manufacturer's R&D behavior can benefit its rival supply chai...

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