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Does Gender Affect Innovation? Evidence from Female Chief Technology Officers

In this paper, we examine the impact of female Chief Technology Officers (CTOs) on corporate innovation. We find that firms with female CTOs are more innovative (as captured by both patent counts and patent citations) than firms with male CTOs. This effect is more pronounced for firms with a stronger innovation-supportive culture, firms with female CEOs, and when female CTOs are more powerful. Using mediation analyses, we further validate that female CTOs’ transformational leadership style is a plausible mechanism through which they affect innovation positively.

01. November 2021

Authors Wassim Dbouk Iftekhar Hasan Nada Kobeissi Qiang Wu Li Zheng

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Professor Iftekhar Hasan, PhD
Professor Iftekhar Hasan, PhD
Economist

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