Knowledge Tree
Relations (1)
cross_type 2.81 — strongly supporting 6 facts
Sustainability is positively impacted by green finance and enterprise patents in European developing countries, as evidenced by the specific correlation measurements in [1], [2], [3], and [4]. Furthermore, [5] and [6] confirm that these economic factors significantly drive sustainability improvements within this specific region.
Facts (6)
Sources
Sustainability through business model innovation and climate ... nature.com 6 facts
measurementIn Asian developing economies, a 1% rise in enterprise patents leads to a 0.18% increase in sustainability, while in European developing economies, a 1% rise in enterprise patents leads to a 0.26% increase in sustainability.
measurementIn Asian developing economies, a 1% rise in green finance value correlates with a 0.32% increase in sustainability, while in European developing economies, a 1% rise correlates with a 0.54% increase.
claimThe impact of green finance and enterprise patents on sustainability is more substantial for European developing economies compared to Asian developing economies, attributed to Europe's more sophisticated financial market and knowledge-based economic structure.
measurementIn Asian developing economies, a 1% rise in green finance value leads to a 0.32% increase in sustainability, while in European developing economies, a 1% rise in green finance value leads to a 0.54% increase in sustainability.
claimA robustness analysis using Dynamic OLS (DOLS) confirmed the positive impacts of green finance value and enterprise patents on sustainability in both Asian and European developing economies.
measurementIn Asian developing economies, a 1% rise in enterprise patents correlates with a 0.18% increase in sustainability, while in European developing economies, a 1% rise correlates with a 0.26% increase.