Wanzhi Photovoltaic Support Enterprise

Do government photovoltaic subsidies affect enterprise independent innovation in China?

Achieving a green, low-carbon economy necessitates clarifying the impacts of government photovoltaic (PV) subsidies on enterprise independent innovation in China. This study constructs a tripartite evolutionary game model among government, enterprises, and energy regulatory service centers (ERSC).

Does R&D intensity capture innovation in PV Enterprises?

novation of PV enterprises. As R&D intensity captures the innovation in PV enterprises. In prior literatures [43, 49], the R&D investment to the total sales revenue. Considering the intensity. by the government to support PV enterprises. Since en- innovation decisions. Here, GSs are divided into R&D subsidies and non-R&D subsidies.

How to improve China's PV industry?

Therefore, the government should implement differentiated subsidy policies to reduce the probability of market failure and promote the marketization process of China's PV industry. Secondly, enterprises should carry out independent innovation to lower down production costs, for the purpose of reducing the dependence on state subsidies.

Do government subsidies promote Enterprise Innovation in the PV industry?

The purpose of this research is to explore the impacts of government subsidies on promoting enterprise innovation in the PV industry in pursuit of renewable energy goals. Theoretical analysis show that government subsidies paly an essential role in promoting enterprises innovation.

What factors influence innovation in PV Enterprises in China?

Here, GSs are divided into R&D subsidies (RDSub) and non-R&D subsidies (NRDSub). Apart from GSs, innovations in PV enterprises in China are also influenced by internal factors, such as the scale of enterprise, state ownership, financial condition, age [45 – 47], and external factors, such as market profit [48, 49].

How has China's PV industry evolved in 2015?

In 2015, the growth of the global PV power generation was mainly concentrated in emerging markets like China, the United States and Japan. Therefore, it is important to study the evolution of China’s PV industry, especially the leading PV enterprises to ensure their healthy development in China’s PV market. Fig. 1. Global PV installed capacity.