Ren, X; Jia, C and Wang, M (2024) Policy effect on technology innovation in prefabricated buildings: An empirical study using the difference-in-differences approach. Journal of Construction Engineering and Management, 150(10): 04024144, ISSN 0733-9364
Abstract
Technology innovation in prefabricated buildings (PBs) is an important way to realize transformation upgrading and green development for the construction industry. The existing literature focuses on the influence of different types of policies on PB development while ignoring the importance of technology innovation. In addition, there are still inconsistent conclusions in the evaluation of the influence of policies on technology innovation. Using the difference-in-differences method and panel data from 2011 to 2020 covering 25 provinces of China, this study investigates the mechanism and impact of five different technological and economic policies on PB technology innovation. The results show that technological support policy, land supply policy, fiscal subsidy policy, and preferential tax policy have a significantly positive impact on PB technology innovation. However, financial policy has no significant effect on PB technology innovation. This paper not only makes theoretical contributions to PB policy research, but also provides the government with a more precise and effective policy toolbox to promote technology innovation in the PB industry or other industries.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | differences-in-differences method; policies; prefabricated buildings; technology innovation |
| Index terms: | policy research, transformation, subsidy, construction industry, prefabricated building, land, technology innovation, empirical study, upgrading, economic policy, China, green development |
| Subjects: | strategic management, business policy, economic analysis, automation and robotics, Geography, sustainable design, research methods, building construction, research management, business, real estate economics, industry analysis |
| Topics: | Construction Technology, Governance, Business Strategy, Research Practice, Digital Applications, Urban Studies, Sustainability, Geographical Context |
| Descriptive scope: | 4 PCTA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here