没有女性就没有创新？女性董事对中小企业硬创新与软创新的影响

中文摘要 AI 辅助

女性在董事会中的角色及其对创新的影响仍存在激烈争论。尽管现有文献对女性董事会代表是促进还是阻碍创新提供了相互矛盾的视角，但大多数研究仅聚焦于大型企业。本研究通过考察女性董事对中小企业中“硬”（技术性）和“软”（非技术性）创新的因果影响，填补了这一空白。利用2015年至2024年间2762家意大利创新型中小企业的纵向数据集，并采用2SLS识别策略，我们发现了高度细致化的模式。对于硬创新，工具变量模型揭示了稳健的正向因果影响，逆转了基线负系数，并暴露了严重的负向选择偏差。对于软创新，则确认了稳定的正向影响。我们的研究结果为中小企业的治理提供了关键的因果证据，同时为政策制定者和实践者提供了量身定制的见解，以激励女性在中小企业中担任管理角色。

英文摘要

The role of women on corporate boards and its impact on innovation remains heavily debated. While existing literature offers conflicting perspectives on whether female board representation spurs or hinders innovaiton, most research has focused exlusively on large firms. This studt adresses this gap by investigating the causal impact of women on boards on both "hard" (technological) and "soft" (non-technological) innovation within SMEs. Using a longitudinal dataset f 2762 Italian innovative SMEs from 2015 to 2024 and a 2SLS identification strategy, we find highly nuanced patterns. For hard innovation, the instrumented model reveals a robust positive causal impacr, reversing a negative baseline coefficient and exposing a severe negative selection bias. For soft innovation, a stable positive impact is confirmed. Our findings provide crucial causal evidence for SMEs' governance, while offering tailored insights for policymakers and practitioners to incentivize women' management roles in SMES.

发表机构

• Scuola Superiore Sant’Anna（圣安娜高等师范学院）

机构由 AI 辅助整理，请以论文原文为准。