APA Citation: https://www.sciencedirect.com/science/article/pii/S1043951X19300252?

via
%3Dihub

The main purpose of this article is to evaluate the relationship between macroeconomic
uncertainty, high-level innovation, and urban green development. The article aims to examine
how macroeconomics influences different types of innovation paths related to strategic
innovation, substantive innovation, green technological innovation, and traditional technological
innovation. This article seeks to understand how these innovative paths affect urban green
development. Some key findings the author pointed out were in his study, it emphasizes the
practical significance of accurately assessing the impact of macroeconomic uncertainty for
achieving sustainable and stable economic growth. The study also notes how China's cities are
facing increasing constraints related to resources and the environment. It emphasizes the need
to accelerate industrialization innovation and green transformation in traditional industrial areas.
It also focuses on slow post-financial crisis economic recovery, declining total factor productivity,
and trade disputes. The shortcomings in the article are seen in the study relying on the model to
measure macroeconomic uncertainty while considering the different ways to measure
uncertainty, and the choice of model can affect the results. The study used the number of
invention patents and green technology patents as indicators of high-level innovation. However,
it acknowledges that the number of patents alone may not fully capture the quality or impact of
innovation. Even though the study proposes hypotheses about the relationship between
macroeconomic uncertainty, innovation, and green development performance, it does not
establish causality. The author introduces that the data collection was a manual process. The
limitations in this were introducing errors and subjectivity, potentially affecting the accuracy of
the results. Another important limitation to note was lack of policy discussion in the article. While
the study identifies the main contributions of the research, it provides limited information of
policy implication based on its findings. This would have been helpful due to what my
researchable question is asking. I wanted to find an article that discusses policy implications
and how it plays a part in the urban planning process towards green cities. This article is helpful
in the sense of economics and how that plays a big part in urban development, specifically the
setbacks that come along with it.