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 discussedMinisterio de Ciencia e Innovaci on, Grant/Award
Number: PID2020-117313RB-I00Ministerio de Ciencia e Innovaci on, Grant/Award
Number: PID2020-117313RB-I00Programa Operativo Andalucia FEDER 2012-202
