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CEO gender and SMEs innovativeness: evidence for Spanish businesses

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CEO gender and SMEs innovativeness: evidence for Spanish businesses

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dc.contributor.author Expósito García, Alfonso
dc.contributor.author Sanchis Llopis, Amparo
dc.contributor.author Sanchis Llopis, Juan Alberto
dc.date.accessioned 2022-04-11T11:56:05Z
dc.date.available 2022-04-12T04:45:06Z
dc.date.issued 2021 es_ES
dc.identifier.citation Expósito, A., Sanchis-Llopis, A. & Sanchis-Llopis, J.A. CEO gender and SMEs innovativeness: evidence for Spanish businesses. Int Entrep Manag J (2021), Springer es_ES
dc.identifier.uri https://hdl.handle.net/10550/82272
dc.description.abstract This paper analyses the role of gender of the chief executive officer (CEO) on the propensity to introduce innovations using a sample of 1405 Spanish small- and medium-sized enterprises (SMEs). We examine whether there are significant differences between female- and male-led businesses in terms of their propensity to innovate, and whether these differences may be explained by factors related to the attributes of the CEO concerning risk tolerance, self-confidence, education level and cooperative behaviour. In particular, this study tests if the linkages between these managerial attributes and the propensity to innovate are influenced by the gender of the CEO. Using a multivariate probit model (triprobit), we further investigate the role of gender on the CEO decision to simultaneously introduce product, process and organisational innovations. Our main results indicate that there are not significant differences in the propensity to introduce innovations between male- and female-run businesses when considering innovation at an aggregated level, that is, innovating in any of the three types of innovations considered. However, we obtain a higher propensity of male CEOs to introduce process innovations, as compared to their female counterparts. No significant differences by gender are found for product and organisational innovations. Additionally, results of the multivariate probit model indicate that the three innovation decisions are interdependent and should be jointly analysed. This study contributes to the scant literature regarding gender impact on firm’s innovativeness with novel empirical evidence for SMEs. es_ES
dc.language.iso en es_ES
dc.subject smes es_ES
dc.subject gender es_ES
dc.subject product innovation es_ES
dc.subject process innovation es_ES
dc.subject organizational innovations es_ES
dc.subject triprobit model es_ES
dc.title CEO gender and SMEs innovativeness: evidence for Spanish businesses es_ES
dc.type journal article es_ES
dc.subject.unesco UNESCO::CIENCIAS ECONÓMICAS es_ES
dc.identifier.doi 10.1007/s11365-021-00758-2 es_ES
dc.accrualmethod S es_ES
dc.embargo.terms 0 days es_ES

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