The Difference Effect of Environmental Regulation on Two Stages of Technology Innovation in China's Manufacturing Industry

This paper divides technological innovation into two stages: technology development and technology transfer. Then the authors use the panel data of 28 manufacturing industries during 2003-2012 to test the econometric regression model for the industry of the sub stages, which is a regulation on technological innovation in the environment. The results show that: (1) environmental regulation has a significant role in promoting China's manufacturing technology research patent achievements, and technology into new products, and this indicated that "Porter hypothesis" in the manufacturing sector has been verified; (2) R&D and transfer expenditure have a positive impact on technological innovation. Finally, the authors put forward the corresponding policy recommendations for industry of the environmental regulation on the impact of technological innovation in phases.