Protect your green line: Foreign residency rights and green innovation
研究发现，中国民营企业主的外国居留权会因融资成本上升而抑制企业绿色创新，但大众创业万众创新运动和政治关联能缓解这一负面效应。
This study examines the relationship between individuals possessing foreign residency rights (FRR) and their involvement in the green innovation (GI) of Chinese private enterprises. The study's findings reveal a detrimental influence of FRR on GI, primarily due to heightened financing costs that impede firms' progress in GI. However, this adverse impact is alleviated through the implementation of the Mass Entrepreneurship Innovation Campaign and firms with political connections. Furthermore, our findings indicate that extradition agreements reduce entrepreneurial feeling, fostering trust among investors, stakeholders, and creditors, thus minimizing the detrimental effects of FRR on GI. Results remain robust against alternative primary variables and endogeneity concerns.