The Impact of Environmental Regulation on Technological Innovation of Automobile Industry in China’s Market- A Case by Tesla
- DOI
- 10.2991/assehr.k.211209.319How to use a DOI?
- Keywords
- Environmental regulation; R&D; Tesla; Automobile industry; Technological innovation
- Abstract
With the negative externalities of the development of the automobile industry increasingly obvious, the government’s environmental regulations will force the technological innovation of the automobile industry, the case of Tesla. The paper collects the R&D investment data, environmental regulation intensity data, and sale revenues data of Tesla from 2012 to 2020 and tests the impact of environmental regulations on the automobile industry by constructing the econometric regression model in Excel. The results show that environmental regulations significantly positively impact technological innovation input (R&D) and output (Sale) on Tesla. On this basis, the paper cuts forward the suggestions for the continuous development of automobile companies. The company should invest more in R&D to make constant technological innovation with the help of the government’s environmental regulations.
- Copyright
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Yue Du PY - 2021 DA - 2021/12/15 TI - The Impact of Environmental Regulation on Technological Innovation of Automobile Industry in China’s Market- A Case by Tesla BT - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021) PB - Atlantis Press SP - 1957 EP - 1963 SN - 2352-5428 UR - https://doi.org/10.2991/assehr.k.211209.319 DO - 10.2991/assehr.k.211209.319 ID - Du2021 ER -