Driving effect of technology innovation on energy utilization efficiency in strategic emerging industries.

Under the policy of energy saving and emission reduction, technological innovation has become the key power-driver to improve energy utilization efficiency. By using the panel data of 21 industrial segments between 2000 and 2015, this paper investigates the driving effect of technological innovation on energy-utilization efficiency in strategic emerging industries and analyzes the critical factors influencing the driving effect of technological innovation by the stochastic frontier analysis method. The empirical result shows that technological innovation between 2000 and 2015 has had a significant positive driving effect on the energy utilization efficiency of strategic emerging industries and exhibits a development trend of year-by-year steady-state growth on the whole. The greater the value of the development expenditure of new green products and the investment in environmental pollution treatment, the greater the technological efficiency; the greater the value of the transformation expenditure of energy-saving technology, the greater the technological inefficiency. Finally, the paper proposes the countermeasures and suggestions for the driving effect of technological innovation on energy utilization efficiency in strategic emerging industries. An empirical study is made to analyze the driving effect of technological innovation on energy utilization efficiency, the positive and negative factors of technological innovation are forgotten. Strategic emerging industries can select optimal innovation behavior to improve quality and efficiency of energy utilization based on the results. [ABSTRACT FROM AUTHOR]