关键词: 价值链, 环境规制, 波特假说, 技术创新能力, 异质性, Value Chain, Environmental Regulation, Porter Hypothesis, Technology Innovation Capability, Heterogeneity

Abstract: Based on value chain perspective, the technology innovation processes of China industries are divided into two stages, including technology development and technology transfer. By building theoretical framework of the impact of environmental regulation on technological innovation ability, this study conducts an empirical research on the long-term and short-term relationship between environmental regulation and technological innovation through panel unit roots test, co-integration test and error correction model by using panel data of 37 China Industrial sub-sectors from 2004 to 2011. The results show that, (1) the environmental regulation has significant long-term and short-term promoting effect on technical innovation, while the clear heterogeneity characteristic exists; (2) the effect of environmental regulation on technology transfer ability is greater than technology development ability, while the industry heterogeneity effect of different stages is obvious; (3) the environmental regulation’s long-term equilibrium to technological innovation ability has the short-term correction effect, meanwhile, the evident industrial heterogeneity exists in the technological innovation ability’s adjustment speed to equilibrium; (4) in partial industries, the environmental regulation’s promoting effect on technical innovation differs a lot both in the long run and the short term. Finally, this paper proposes policy suggestions on improving harmonious development of environment regulation and technology innovation from value chain perspective.