Management Review ›› 2025, Vol. 37 ›› Issue (11): 27-40.

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How does the Coupling Effect of Digital Transformation and Green Transformation Promote New-quality Productivity?—A Mixed-methods Study Based on the Dynamic Capability Theory

Chen Yantai1,2, Hao Yajie1,2, Pan Dapeng3   

  1. 1. Research Centre for Digital Innovation and Global Value Chain Upgrading, Zhejiang Gongshang University, Hangzhou 310000;
    2. School of Business Administration, Zhejiang Gongshang University, Hangzhou 310000;
    3. School of Economics and Management, Northeast Petroleum University, Daqing 163318
  • Received:2024-08-20 Published:2025-12-17

Abstract: Against the backdrop of deep integration between the global digital economy and green economy, the dual transition (synergistic digital and green transformation) has emerged as a core pathway for driving new quality productive forces. This study constructs an evolutionary game model to analyze the preconditions for government, enterprises, and digital service providers during the dual transition, revealing the mechanism through which this synergy promotes new quality productive forces. Key findings indicate that embedded innovation of green and digital technologies, self-reinforcing dynamic feedback of cost-benefit structures, and innovation ecosystems built through multi-agent collaborative networks are crucial for advancing new quality productive forces. Using FENGDENG as a case study, we dissect an enterprise’s evolution from singular green transition to dual transition, demonstrating how its “mutual-construction and co-change” mechanism between green dynamic capabilities and new quality productive forces achieves win-win economic-environmental outcomes. This research provides theoretical guidance and practical references for Chinese enterprises implementing dual transition.

Key words: digital transformation, green technological innovation, new quality productivity, evolutionary game, dynamic capability