Guo Pibin and others

Based on the energy technology innovation theory, factors that may influence the transition of coal resource-based economy were categorized into four types, including: innovation policy, innovation input, innovation ability, and innovation organization. Hypotheses were proposed regarding the mechanisms of these factors. Data were collected from surveys administered to 314 Chinese energy firms, and a structural equation model (SEM) was employed to test the hypotheses. The results show that the four proposed factors are crucial in transforming the coal resource-based economy, and the effects become statistically significant through three intermediate variables, namely, transition of energy consumption structure, correction of resource wealth investment, and improvement of transition environment.