Climate variability, innovation and firm performance: evidence from the European agricultural sector
研究2007-2017年欧洲农业部门中气候变异如何通过推动适应性创新影响企业绩效,发现知识生成过程能提升企业绩效,尤其对北欧水产和渔业企业。
Abstract It is generally accepted that adaptation to climate variability requires a technological advancement strategy. However, the innovation process has received little explicit consideration in this framework. We employ a panel endogenous switching regression model to explore whether and to what extent climate variability affects firm performance through the ability to induce the development of adaptation innovations in key resource-based sectors in Europe during the period 2007–2017. Our findings confirm that the knowledge generation process at the heart of climate change adaptation technologies enhances firm performance, especially for firms in the aquaculture and fishing sub-sectors in northern European countries.