How Does Enterprise Digitization Affect Enterprise Dual Innovation:Analysis of Mediating Effect Based on Absorptive Capacity

In the era of digital economy, digital transformation has become an inevitable choice for enterprises to achieve sustainable innovation and high-quality development. Based on the absorptive capacity theory, this paper takes the data of China's Shanghai-Shenzhen A-share listed companies from 2007 to 2020 as samples, and uses multiple regression to empirically test the impact mechanism of digital transformation on enterprise dual innovation. The results show that digital transformation has a significant positive impact on enterprise dual innovation, and the promotion effect of incremental innovation is greater than that of radical innovation. Digital transformation has an impact on dual innovation through absorptive capacity, and absorptive capacity has a complete mediating effect. The heterogeneity analysis shows that the digital transformation of non-state-owned enterprises and high-tech enterprises plays a stronger role in promoting radical innovation and incremental innovation.