Empirical Analysis about the Impact of Environmental Regulation on Enterprise Technological InnovatiLiu+Meng【Abstract】basedontheinter-provincialpaneldatafrom2000to2020，thepaperanalyzestheinfluenceofoilpriceandenvironmentalregulationonthetechnologicalinnovationofenterprises.Theresultsshowthattheinducedeffectofoilpricefactorisconfirmedinourcountry，andtheinfluenceofenvironmentalregulationonthepromotionoftechnologicalinnovationhasbeenimproved.Finally，accordingtotheresultsofempiricaltests，givetheappropriateregionalfeasibilityadviceandconstructivesuggestions.【Keywords】environmentalregulation；inducedinnovationeffect；“Porterhypothesis1.IntroductionLiteraturereviewInthecontextoftheslowdowninglobalGDPgrowthandtheneweconomicbackground，Chinahasimplementedgovernment，suchaspriceandenvironment，anddomesticenterprisesarestillinthemacroeconomicenvironmentinwhichoilpricesarerisingandenvironmentalregulationisstrengthened.Inordertodeeplystudytheinfluenceofeconomicenvironmentontechnologicalinnovation，Thispaperintroducesthetheoryofinducedtechnologicalinnovationandthetheoryof“thePorterhypothesisabouttheelementsandtheenvironment.Inrecentyears，domesticandforeignscholarsbasedondifferentregions，differentindustriessetoffthetheoryofinducedtechnologyinnovationand“wavehypothesisresearchwave.HayleyandRuttan1970，startingfromthedomesticandJapanesefactorsofproductionfactors，revealthatunderthedifferentconstraintsofresources，theagriculturalmarketfactorpricesrisetoinducetherelevantenterprisestocarryouttechnologicalinnovationanddevelopment，confirmingtheinducedinnovationtheory.ShenNeng2020builttheenterprisegovernanceenvironmenttechnologyinnovationandusingthepanelthresholdmodeltoprovethattheyarenotasimplelinearrelationshipbutthereisa“Utyperelationship.Insummary，althoughtheinducedinnovationtheoryandthe“Porterhypothesisareconfirmedindifferenteconomiesathomeandabroad，butthecross-effectsofthetwoliteratureisstillrelativelysmall，tofillthisgap，thispaperbasedonchangesinoilpricesandEnvironmentalregulationontheroleoftechnologicalinnovationinenterprisestoconductempiricalanalysisandresearch.2.TheempiricalresultsandanalysisInordertofurtherstudytherelationshipbetweenenvironmentalregulationandenterprisetechnologicalinnovationfromtheperspectiveofinstitutionalenvironment，withreferencetothesuper-logarithmicmodeltestofNghiepapplication，thesquareofenvironmentalregulationisaddedtothemodeltest.Inaddition，fortheweakeningoftheheteroscedryinterference，inadditiontothevalueofthevariableothervariablesaretakenlogarithm.endprintInordertoavoidthestabilityofthemodel，theclusteringStandarderroradjustmentofthepaneldatamethodforempiricaltesting.Atthesametime，inordertocomparewiththeclusteringrobuststandarderrormethod，wealsogiveacomprehensivetreatmentmethodtocorrecttheheteroskedasticityandautocorrelationandtheregressionresultsofthecorrelationproblemofthegroup.Thegeneralizedleastsquaresmethod，inaddition，themodelHausmantestpvalueof0.004，acceptthefixedeffectmodel.Inaddition，thispaperreferstothesystemGMMtestmodelproposedbyBlundellandBondtoreducetheerrorscausedbythemissingvariables.TheregressionresultsofthesystemGMMshowthattheregressioncharacteristicsofthecoreexplanatoryvariablesarenotchangedandthemodelisrobust.Table1showstheresultsoftheoverallregression.Models1-3areregressionmethodsthatuseclusteringcriteriatoincrementallyaddvariables.Themodel4usesthegeneralizedleastsquaresmethod，andthemodel5isthefixedeffectmodel.Sincethefixedeffectmodelismoreefficient，wemainlydescribethemodel5.Inthemodel5，theregressionparameterofthevariablelnEPis0.198，andthroughthesignificancetest，theoilpriceincreaseleadstotheverificationofthetechnologicalinnovationactivities.Inthemodel3tothemodel5，thefirst-orderregressionparameteroftheenvironmentalregulationandthequadraticregressionparameterareopposite.Comparingthemodel2andthemodel3，theeffectofoilpricechangesontheRDinputisnotsignificantwhenthesquareoftheenvironmentalregulationisremoved.Theseconclusionsshowthatonlywhentheenvironmentalregulationisgreaterthanoneorseveralspecificthresholds，ItwillpromotetheenterpriseRDinvestment，thatis，withthelevelofenvironmentalregulation，environmentalregulationontheenterprisetechnologicalinnovationafterthefirstsuppressionoftheimpactofthepromotion，theyshowthe“Utyperelationship.Amongtheothercontrolvariables，theregressionresultsofenterprisescalevariablesareoppositetotheexpectedassumptions.TheresultsoftheenterprisescalewillinhibittheRDinputoftheenterprise，Thismaybebecausethesizeofenterprisesontheenterprisetechnologyinnovationtopromotetheimpactofthefirsttopromotepost-suppression.Theyshowtheinverted“Utyperelationship.endprint3.ConclusionsandpolicyrecommendationsIngeneral，thetheoryofoilpricechangeinducedtechnologyinnovationandthe“Porterhypothesishavebeenconfirmednationwide.Inaddition，aseriesofcontrolvariables，includingeconomicdevelopment，marketprocess，humancapitalknowledgelevel，degreeofindustrializationandenterprisescale，areinlinewithexpectations.Itisfoundthatthecontrolvariableinaddition