How Does Digital Transformation Influence Collaborative Green Innovation?

In the era of digitalization and green development, collaborative green innovation is gaining increasing attention. However, how digital transformation affects green innovation, especially collaboration in green innovation is understudied. Based on the data analysis of Chinese listed firms between 2008 and 2021, this study investigates the relationship between digital transformation and collaborative green innovation and explores further the contingencies of financial slack and market competition. Our findings are as follows: 1) digital transformation increases the likelihood of having collaborative green innovation; 2) financial slack enhances this positive relationship, while the moderating role of market competition is not significant. Overall, our study advances both green innovation and digital transformation literature by building a linkage between digital transformation, collaboration innovation, and green innovation.