Thursday, January 11, 2018

Do pro-diversity policies lead to greater corporate innovation?

That's the question that we (myself, Roger Mayer of NC State and Jing Zhao at Portland State) recently studied in a paper that's forthcoming in the finance journal: Financial Management.

The answer is YES.   We found that firms that promote diversity have more new products, more patents and more influential patents.

You can read the paper here:

Here's the summary on the NC State news page.

And here's a nice write up on WUNC radio's website, together with some additional links that talk about the benefit of diversity in teams.