绿色创新如何影响新质生产力？

——基于融资约束和数字化转型双重视角

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中图分类号：F273.1；F49 文献标识码：Adoi：10.3969/j.issn.1672-2272.202505016

Abstract：The green innovation capability is an important manifestation of the new quality productivity level of an enterprise. In the short term，it significantly enhances operational efficiency and reduces production costs，while in the long run，it provides critical support for building sustainable competitive advantages.Using a sample of listed companies from 201O to 2O22，this study constructs a new quality productivity index system by applying the entropy method based on the three-factor theory of productivity，and empirically examines the impact effects and mechanisms of green innovation capability on enterprise new quality productivity. The findings reveal a positive correlation between corporate green innovation capability and new quality productivity. Mechanism analysis indicates that corporate green innovation capability promotes the development of new quality productivity by allviating financing constraints and enhancing digital transformation. Furthermore，heterogeneity analysis demonstrates that the correlation between green innovation capability and new quality productivity is more pronounced in non-high-tech enterprises and heavily poluting industries.This study enriches the theoretical understanding of the relationship between green innovation and new-quality productivity，providing micro level evidence for corporate transformation under the“dual carbon”goals.

Key Words：Green Innovation Capability；New Quality Productivity；Entropy Method; Financing Constraints；Digital Transformation

0 引言

2023年9月，习近平总书记在黑龙江考察调研期间，首次提到了“新质生产力”。（剩余11687字）