Abstract:    As key production factors and strategic resources with core competitiveness, data elements provide new ways for enterprises to enhance green innovation performance and realize sustainable development. Based on the data of A-share listed companies from 2012 to 2023, this paper empirically explored the effect and mechanism of data elements on corporate green technology innovation and management innovation. The results showed that data elements significantly improve the performance of corporate green technology innovation and green management innovation, and the relationship between data elements and green innovation is strengthened by strategic guidance and green culture. The mechanism analysis showed that data elements promote the green innovation performance of enterprises through "resource agglomeration effect" and "synergistic effect". The heterogeneity analysis found that in technologyintensive fields and enterprises with high intensity of environmental regulation, data elements play a more significant role in promoting green innovation performance. This research has expanded the research in the field of data elements influencing corporate behaviour, and it will provide empirical evidence for exploring the path of corporate green innovation in the digital economy era, thus having implications for enterprises to effectively explore and utilize the potential value of data elements.

Key words:  data element, green innovation, resource agglomeration, synergistic effect, machine learning