The Impact of Emissions Trading Systems on Corporate Productivity and Competitiveness Through Green Technology Innovation: A Systematic Literature Review
Systematic literature review examines emissions trading systems' effects on corporate productivity and innovation.
Key Points
This review aims to understand how emissions trading systems influence corporate productivity and competitiveness through green technology innovation.
Systematic literature review following PRISMA guidelines on 75 peer-reviewed articles.
Organized literature into four pathways: direct response effects, innovation activation effects, innovation outcome effects, and strategic avoidance behaviors.
Focus on studies published between 2016 and 2025.
Direct response effects of ETS show mixed results in the short run.
More consistent performance improvements are noted when green technology innovation is activated.
ETS impacts are found to be a multistage, adaptive process rather than a static relationship.