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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 manufact...

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