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Volume 25
Issue 2
10.3390/e25020290
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Peer-Review Record

Can the Sci-Tech Innovation Increase the China’s Green Brands Value?—Evidence from Threshold Effect and Spatial Dubin Model

Entropy 2023, 25(2), 290; https://doi.org/10.3390/e25020290
by Xiaofei Zhang 1, Yang Xiao 1 and Linyu Wang 2,*
Reviewer 1: Anonymous
Reviewer 2:
Yuryi Klapkiv
Entropy 2023, 25(2), 290; https://doi.org/10.3390/e25020290
Submission received: 15 November 2022 / Revised: 29 January 2023 / Accepted: 31 January 2023 / Published: 3 February 2023
(This article belongs to the Special Issue Statistical Physics and Its Applications in Economics and Social Sciences)

Round 1

Reviewer 1 Report

Can the Sci-Tech Innovation Increase the China’s Green Brands Value？——Evidence from Threshold Effect and Spatial Dubin Model

 

Based on the perspective of the innovation value chain, sci-tech innovation is divided into two stages: R&D and achievement transformation. This paper uses panel data from 25 provinces in China as the sample. We utilize a two-way fixed effect model, spatial Dubin model, and panel threshold model to discuss the impact of two-stage innovation efficiency on the value of the green brand, the spatial effect of this impact, and the threshold role of intellectual property protection in the process.  This article claims, among other things,  that the two stages of innovation efficiency have a positive impact on the value of green brands.

I very much enjoyed reading this paper. The authors have done a great effort in writing it clearly and in the modern lenguaje and concepts of complexity and nonlinearity. I enjoyed reading their interpretation of economic phenomena as dissipative structues and the dynamics of fluctuations and amplification.

I recommend its publication. Minor comments:

1) Authors must define already in the introduction what they mean by green development, green economy, green consumption, green market, etc.

2) line 112 .. Etc must be etc.

Author Response

Please see the attachment.

Author Response File: Author Response.docx

Reviewer 2 Report

The article is a significant study of a significant amount of material and contains interesting results.

At the same time, the review of the literature needs minor refinement, there is a significant bias in the study of the literature from China. I would suggest supplementing the literature review with publications related to the impact of scientific and technical innovations on increasing the value of brands.

Some remarks are too radical (This paper first calculates) (P.22), (and the lack of previous research) (p,2) and are the subjective opinion of the authors.

The article offers a huge number of proposals, but not all of them are based on the analyzed data. However, there is a lack of specification of the purpose of the investigation, it is rather blurred in the article.

Author Response

Please see the attachment.

Author Response File: Author Response.docx

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