Gender diversity, inclusive innovation and firm performance

This study delves into intra‐organizational dimensions that might impact inclusive innovation. Based on the expectation states theory, we explore how gender diversity in management positions and on the board of directors affects inclusive innovation. Furthermore, drawing on the signaling theory, we...

Full description

Saved in:
Bibliographic Details
Published in:Sustainable development (Bradford, West Yorkshire, England) West Yorkshire, England), 2023-10, Vol.31 (5), p.3622-3638
Main Authors: del Mar Fuentes‐Fuentes, Mª, Quintana‐García, Cristina, Marchante‐Lara, Macarena, Benavides‐Chicón, Carlos G.
Format: Article
Language:English
Subjects:
Gender
Innovations
Organizational aspects
Organizational performance
Panel data
Sustainable development
Theory
Value
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This study delves into intra‐organizational dimensions that might impact inclusive innovation. Based on the expectation states theory, we explore how gender diversity in management positions and on the board of directors affects inclusive innovation. Furthermore, drawing on the signaling theory, we examine the relationship between inclusive innovation and a firm's performance. Using a comprehensive panel data of European manufacturing companies for a period of 10 years, we provide evidence that gender diversity in management positions and the presence of at least one woman on the board of directors have a positive effect on inclusive innovation. Our results also reveal the economic value of such strategy, showing that inclusive innovation positively influences performance. Implications for theory and managerial practice are discussed.
ISSN:0968-0802
1099-1719
DOI:10.1002/sd.2615