How Does Global Value Chain Embedding Affect Corporate Green Technological Innovation

This article uses Chinese provincial panel data from 2000 to 2019, and uses empirical methods to investigate the factors affecting corporate green technology innovation. The study concluded that: under the background of the division of labor in the global value chain, corporate green technology innovation is facing path dependence and low-end lock-in dilemmas. High energy consumption mode and resource mismatch are important factors that restrict the development of corporate green transformation. At the same time, the concentration of innovative elements and the strengthening of environmental regulations can effectively improve the quality of green technology innovation. Further analysis of heterogeneity shows that the rise in the ranking of industrial structure and value chain is helpful to increase the level of green development in participating in international value chain division and cooperation.