Gender diversity in European firms and the R&D-innovation-productivity nexus

In this paper, we empirically explore whether gender diversity in European firms, measured at different organisational levels, contributes to enhancing their performance in terms of innovation and productivity. Particularly we propose a structural econometric framework that allows us to simultaneous...

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Bibliographic Details
Published in:The Journal of technology transfer 2024-06, Vol.49 (3), p.801-822
Main Authors: Capozza, Claudia, Divella, Marialuisa
Format: Article
Language:English
Subjects:
Business and Management
Business metrics
Commercial Law
Competitive advantage
Econometrics
Economic Growth
Employment
Gender
Human capital
Human resources
Inclusion
Industrial Organization
Innovation/Technology Management
Innovations
Knowledge
Management
Ownership
Productivity
R&D
Research & development
Workforce
Workplace diversity
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Summary:In this paper, we empirically explore whether gender diversity in European firms, measured at different organisational levels, contributes to enhancing their performance in terms of innovation and productivity. Particularly we propose a structural econometric framework that allows us to simultaneously account for gender diversity at the workforce and ownership level throughout different phases of the innovation process, from the decision to engage in R&D to productivity. Our results reveal that gender diversity is strongly related to firms’ performance, besides the traditional factors envisaged by the literature. However, some differences emerge according to the firms’ organisational levels. Indeed, workforce gender diversity seems to be relevant to all phases of the innovation process. By contrast, the positive influence of ownership gender diversity seems more narrowed as limited to the innovation development/implementation phase; moreover, increasing women’s participation beyond a certain threshold is negatively associated with firms’ productivity.
ISSN:0892-9912
0892-9912
1573-7047
DOI:10.1007/s10961-023-10003-3