Companies Innovate More When Their Boards Include Women

Gender diversity in the board room is a key driver of corporate innovation, according to researchers at the University of Virginia Darden School of Business and the University of British Columbia Sauder School of Business. Ting Xu , professor at the Darden School of Business, and Dale Griffin and Kai Li , professors at the Sauder School of Business, have found evidence 1 in a large global dataset that companies with a better balance of women and men on their boards produce more patents — and they do so spending less on research and development for an average patent. Their patents are also ...

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