“…Based on dynamic capability theory (Gao & Sarwar, 2022 ; Teece, 2018a , b ; Teece et al, 1997 ), we extend the literature on digital transformation (Benitez et al, 2022 ; Guandalini, 2022 ), innovation capability (Sarwar, Khan, Yang, et al, 2021 ; Zhang & Merchant, 2020 ), strategic alignment (Gao & Sarwar, 2022 ; Shao, 2019 ), innovation performance (Ardito et al, 2021 ; Benitez et al, 2022 ), and the Asia Pacific region (Du et al, 2022 ; Scuotto et al, 2022 ) in four ways. First , despite its obvious significance, the concept of DPC has not been properly conceptualized and examined.…”