Evaluation of the Effectiveness of Inclusive Green Financial Policies in Supporting Regional Green Technology Innovation ——Empirical Evidence based on Green Patent Data of Lishui City

Abstract

Based on the CNRDS innovation patent research data and the data released by the provincial official statistics bureaus, the DID double difference method is used to empirically test the impact of green inclusive financial policies on green technology innovation in Lishui City, and from the perspective of economic transformation and upgrading, the internal mechanism of inclusive green financial policies to promote regional green technology innovation is explored to prove the generalization of green inclusive financial policies. Finally, relevant suggestions are put forward to standardize and improve inclusive green financial policies and make them play an effective role. The empirical results show that the implementation of green inclusive financial policies has a significant role in promoting regional green technology innovation, and inclusive green financial policies have a significant role in promoting green invention patents, but the role in promoting green utility model patents is not significant. Therefore, in-depth implementation of inclusive green financial policies to promote regional economic transformation and upgrading, which will help promote regional green technology innovation.