Female owners versus female managers: Who is better at introducing innovations?

Dirk Dohse, Rajeev Goel and Michael Nelson ()

No 2091, Kiel Working Papers from Kiel Institute for the World Economy

Abstract: This paper uses firm-level survey responses across more than 100 emerging and developing countries to examine whether female managers or female owners of firms were better at bringing innovations to the market. Employing a range of firm-specific and country-specific controls, the econometric results show that female owners of firms, rather than female managers, were more likely to introduce innovations. As expected, innovations resulted from firms engaging in R&D. Larger and older firms reinforced these tendencies; however, sole proprietorships had the opposite effect. The presence of an informal sector and finance availability constraints actually spurred innovation. Finally, the economy-wide effects of greater economic freedom and stronger patent protections were positive, while greater economic prosperity somewhat led to complacency.

Keywords: innovation; female; owners; managers; patent protection; R&D; firm size; sole proprietorship (search for similar items in EconPapers)
JEL-codes: J16 O32 O33 O57 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-ent, nep-ino, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Journal Article: Female owners versus female managers: Who is better at introducing innovations? (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:2091

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