The Role of Top Management Team Cognitive Diversity in a Global Sample of Innovative Firms: A Review

Claire A. Simmers ()
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Claire A. Simmers: Saint Joseph’s University

Chapter 26 in The Palgrave Handbook of Workplace Innovation, 2021, pp 481-506 from Springer

Abstract: Abstract This chapter used secondary sources to examine the role of cognitive diversity among top management teams in a global sample of 38 innovative firms (19 headquartered in the United States and 19 headquartered in other countries). Top management team demographics—generation, firm tenure, gender, and race—were collected, and firms were classified into four business life cycles. Firms in the Maturity phase had less generational and geographic dispersion, but more gender and racial diversity, so that cognitive diversity might facilitate continuous innovation aimed at marketplace relevancy. Innovative Start-ups were geographically dispersed but more cohort, gender, and racially concentrated. Perhaps this lack of cognitive diversity was necessary to maintain focus on the new business for survival in the early years. Limitations and future research directions were presented.

Keywords: Cognitive diversity; Top management; Multi-generational theory; Workplace innovation (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-59916-4_26

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DOI: 10.1007/978-3-030-59916-4_26

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