Using an instrumental variable approach that exploits an exogenous variation of passive institutional ownership caused by Russell 1000/2000 index reconstitution, we find that greater passive institutional ownership leads to improvement in corporate innovation measured by patent quantity and...

Accelerating green innovation is crucial for achieving high-quality development in China. Despite this importance, empirical evidence on the harmonization techniques in the context of carbon-trading policies has been remarkably thin. To address this gap, we employed the difference-in-difference...

This study empirically examines the impact of individual motivation on innovation performance, where innovative behavior serves as a mediating construct, and discusses whether the innovation climate has a moderating effect. This study combines the Cognitive Evaluation Theory and behavioral...