Regional digital–green synergy transformation and enterprise new quality productive forces

• Regional dualization synergy can significantly enhance the new quality productive forces of enterprises . • Compared to state-owned enterprises, non-state-owned enterprises have a more significant response to the changes in dualization synergy. • Compared to high-tech industries , non-high-tech industries are less affected by regional dualization synergy and exhibit new quality inertia. New quality productive forces (NQPF) serve as a crucial catalyst for contemporary societal advancement, facilitating high-efficiency and high-quality development through technological innovation and transformation of production models. Herein, this study examines the potential regional synergy between digitization and greenization in facilitating NQPF development and promoting high-quality growth. Utilizing the resource-based view, this study employs 2011–2021 provincial panel data alongside data from China A-share listed companies to develop a “regional dualization synergy and enterprise NQPF” research model. Through a theoretical analysis and empirical testing, regional dualization synergy is found to substantially enhance enterprise NQPF. Results indicate that regional dualization synergy can substantially enhance enterprise NQPF. Heterogeneity analysis shows that nonstate-owned enterprises exhibit a more pronounced response to variations in dualization synergy than state-owned enterprises. Meanwhile, nonhigh-tech industries are less affected by regional dualization synergy and demonstrate new quality inertia than high-tech industries. This study offers a theoretical framework and enhances empirical research pertinent to the advancement of high-quality development via digital ecological civilization.

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Institutions

Publication Details

Journal
Finance research letters
Published
2025-04-04
DOI
https://doi.org/10.1016/j.frl.2025.107349
Citations
26
Primary Topic
Economic and Technological Developments in Russia
Type
article
Field-Weighted Citation Impact
89.67

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article

Regional digital–green synergy transformation and enterprise new quality productive forces

Dan Huang, Zidan Shan, Guang Xu, Xiangyu Han
26 citations
Finance research letters
Economic and Technological Developments in Russia
89.67
article

Regional digital–green synergy transformation and enterprise new quality productive forces

Dan Huang, Zidan Shan, Guang Xu, Xiangyu Han
article en
26 citations

Abstract

• Regional dualization synergy can significantly enhance the new quality productive forces of enterprises . • Compared to state-owned enterprises, non-state-owned enterprises have a more significant response to the changes in dualization synergy. • Compared to high-tech industries , non-high-tech industries are less affected by regional dualization synergy and exhibit new quality inertia. New quality productive forces (NQPF) serve as a crucial catalyst for contemporary societal advancement, facilitating high-efficiency and high-quality development through technological innovation and transformation of production models. Herein, this study examines the potential regional synergy between digitization and greenization in facilitating NQPF development and promoting high-quality growth. Utilizing the resource-based view, this study employs 2011–2021 provincial panel data alongside data from China A-share listed companies to develop a “regional dualization synergy and enterprise NQPF” research model. Through a theoretical analysis and empirical testing, regional dualization synergy is found to substantially enhance enterprise NQPF. Results indicate that regional dualization synergy can substantially enhance enterprise NQPF. Heterogeneity analysis shows that nonstate-owned enterprises exhibit a more pronounced response to variations in dualization synergy than state-owned enterprises. Meanwhile, nonhigh-tech industries are less affected by regional dualization synergy and demonstrate new quality inertia than high-tech industries. This study offers a theoretical framework and enhances empirical research pertinent to the advancement of high-quality development via digital ecological civilization.

Finance research lettersVol. 79
Harbin University of Science and Technology (CN), Harbin Normal University (CN)
Heilongjiang Youth Development Foundation, Innovative Research Group Project of the National Natural Science Foundation of China, Heilongjiang Provincial Finance Department, National Social Science Fund of China
Openalex Percentile: Top 0%
Economic and Technological Developments in Russia
89.67
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