Research on the spillover effect of government green procurement from the perspective of green innovation

Han Guogao, Guo Xiaojie, Liu Tianguang

Science Research Management ›› 2026, Vol. 47 ›› Issue (5) : 160-169.

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PDF(996 KB)
Science Research Management ›› 2026, Vol. 47 ›› Issue (5) : 160-169. DOI: 10.19571/j.cnki.1000-2995.2026.05.016  CSTR: 32148.14.kygl.2026.05.016

Research on the spillover effect of government green procurement from the perspective of green innovation

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Abstract

Green innovation is the core element for China to accelerate the construction of a green, low-carbon and circular economy and cultivate green productive forces. It is of great practical significance to study the spillover effect of the green practices of peer companies from the perspective of green innovation. Based on the government green procurement lists, this paper empirically examined the impact and mechanism of peer companies obtaining government green procurement on target company's green innovation using a fixed-effect model with a sample of Chinese A-listed companies from 2004 to 2018. The results suggested that (1) peer companies obtaining government green procurement promotes target company's green innovation, including increasing the number of corporate green innovation and improving the quality of corporate green innovation, which indicates that peer companies obtaining government green procurement have a positive spillover effect on target company's green innovation; (2) The positive spillover impact is greater for target enterprises with higher media attention, and target enterprises in regions with a higher degree of financial information disclosure and stronger government auditing supervision; (3) The learning mechanism and competition mechanism are the main transmission paths of the positive spillover effect of peer companies obtaining government green procurement on the target company's green innovation. This paper has confirmed the spillover effect of government green procurement, and expanded the cognitive boundaries of the factors influencing corporate green innovation, which will not only provide empirical evidence for releasing the dividends of government green procurement policy, but also evoke insights for building a green technology innovation system and achieving the construction of a beautiful China.

Key words

government green procurement / green innovation / spillover effect / enterprise learning / industry competition

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Han Guogao , Guo Xiaojie , Liu Tianguang. Research on the spillover effect of government green procurement from the perspective of green innovation[J]. Science Research Management. 2026, 47(5): 160-169 https://doi.org/10.19571/j.cnki.1000-2995.2026.05.016

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