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.

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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  -